Friday, October 30, 2015

Video: Proof-Of-Concept of the World's First Bio-Payment Using Bitcoin

Biohacker Patric Lanhed has pulled off a neat trick. Only, it’s more than a gimmick. While sending payment of 1 Euro worth of Bitcoin from one wallet to another, the authentication for the transfer is embedded in a chip for the NFC-key transfer. The chip, is implanted into Patric’s hand, with the secret key to his Bitcoin wallet under his skin. With this established, a proof-of-concept video (below) shows Patric Lanhed and his acquaintance Juanjo Tara – a firmware engineer at Arduino, demonstrate a successful bitcoin payment from one digital wallet to another. The transaction they claim - is the […]

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