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Author Topic: Storing crypto on an implant?  (Read 518 times)
Abiky (OP)
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January 11, 2020, 12:10:30 AM
 #1

Knowing that the field of nanotechnology has improved over the past years, I wonder whenever we'll be able to see crypto implants someday? Implants are available for private use, but it might soon become available for everyday people. Imagine storing your utmost sensitive crypto private keys on an implant. Putting this on your body might be painful at first, but then it'll be a blast using your bare hands for paying at retail stores with your crypto balance.

We need to take into consideration how safe this is for our own bodies over the long term. If the microchip implanted on your hand would cause an infection over time, I wouldn't want to use it even if it provides convenience when paying with crypto (as it eliminates the need to carry with mobile devices). I wonder if someone already came up with something like this? If so, how safe it is for anyone to use? An implant could very well be the ideal replacement for mobile devices, and even traditional storage mediums as they're capable of holding essential information inside a person's body anytime, anywhere. You would always carry your crypto with you, without fear of hacks or even theft.

What are your thoughts? Huh

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January 11, 2020, 02:31:42 AM
 #2

Good idea how ever how will you transfer money if its planted . the private key is only the one who planted in your body not the wallet right?  And for trabsfering money you still need to copy address or scan qr code and input the money you want to send.

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January 11, 2020, 02:42:34 AM
 #3

This technology is now feasible and you do not need nanotechnology to do it, because in fact there are many people who implant electronic parts into the body for payment or control.
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January 11, 2020, 02:56:32 AM
 #4

Yeah, it sounds cool but i would rather use some sort of device outside my body then risk someone stealing my private key by chopping my implant off and my hand with it.

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January 11, 2020, 03:03:01 AM
 #5

Cool but don't let others know it because it would be much easier to steal than anywhere else and would also make your life a threat than carrying a private keys as the robbers would likely hurt you to a larger extent. I can't wait for the day our fingerprints and retinas works as a private keys, they are a natural identifier for the humans.
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January 11, 2020, 03:06:33 AM
 #6

sounds a bit scary to me, I think it's not just security for the body or anything about ourselves but what about our assets if one day we die. how do you think about this?

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January 11, 2020, 03:09:24 AM
 #7

It might be convenient but what happens if someone hacks that implant?  Just wondering how effective it would be if someone could find a way to hack it and then it's useless but still in your body.

 
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January 11, 2020, 03:13:40 AM
 #8

This sounds a weird idea. But very possible in the far future. If I were to store my crypto on an implant, it must be for long term HODLing and safekeeping only, and a secret most of all. I would not be paying using that. It might catch the attention of some bad people and I will be put in an unexpected risk. It is still a wallet after all. That might only result to a worse robbery because there will be injuries if ever the robbers would take that implant from you forcibly.
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January 11, 2020, 03:26:22 AM
 #9

It might be convenient but what happens if someone hacks that implant?  Just wondering how effective it would be if someone could find a way to hack it and then it's useless but still in your body.
Yes its possible if the hacker get the privatekey of the wallet it became useless . You can find alternative like you can implant again another wallet or else you choose to use normal wallet so no hassle can be experience and no need to make an implant.
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January 11, 2020, 03:39:29 AM
 #10

Tell me you didn't watch "In Time" of Justin Timberlake before posting this?  Grin

One hell of a problem is money.
That would cost a lot in our time and maybe even after a decade.
It is a good idea though, you could avoid pick pockets but there is something worse that might happen.
Cutting your hands or worse is killing you just to steal the funds which is inside your implant.
I would not want that.
I would rather give my smartphone and let them think what the seed is.  Grin
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January 11, 2020, 05:42:36 AM
 #11

Does anyone ever thought of making a project like this.
It might make millions of dollars in ICO.  Wink
Yeah, it might be a good idea. Storing something inside your body. You will just have to be careful with infections since it is not really how your body was created, you are adding something in the system that might react someday.

Implants have expiration right? I have never checked it out yet. I think they change it at the right amount of time.
Security will be pretty well with that idea.

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January 11, 2020, 06:11:57 AM
 #12

You would always carry your crypto with you, without fear of hacks or even theft.

Everything can be hacked/stolen. You know how credit cards get hacked with magnet readers? Same thing could happen to this implant type wallet. And some thugs can always whack you with a $5 wrench till you give them your coins, or they can even cut your finger or whatever bodypart to hack the wallet later. And this whole thing isn't even unique to crypto, traditional banking could also implement these chips, maybe even easier than crypto, since you don't have to deal with addresses.

And you already can store your wallet in your body, I'm talking about memorizing your seed - you can't conveniently pay with it, but you can always carry it with you and no one will know it.
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January 11, 2020, 06:16:36 AM
 #13

Knowing that the field of nanotechnology has improved over the past years, I wonder whenever we'll be able to see crypto implants someday? Implants are available for private use, but it might soon become available for everyday people. Imagine storing your utmost sensitive crypto private keys on an implant. Putting this on your body might be painful at first, but then it'll be a blast using your bare hands for paying at retail stores with your crypto balance.

We need to take into consideration how safe this is for our own bodies over the long term. If the microchip implanted on your hand would cause an infection over time, I wouldn't want to use it even if it provides convenience when paying with crypto (as it eliminates the need to carry with mobile devices). I wonder if someone already came up with something like this? If so, how safe it is for anyone to use? An implant could very well be the ideal replacement for mobile devices, and even traditional storage mediums as they're capable of holding essential information inside a person's body anytime, anywhere. You would always carry your crypto with you, without fear of hacks or even theft.

What are your thoughts? Huh
No i don't think this is good idea, we already have smartphones to do all this, i wonder how you can send out a certain amount from the implant without needing to type the exact amount? I think you've watched too much robotic movies, moreover i am a Christian and i won't mark my body with any kind of sh** like that

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January 11, 2020, 08:13:10 AM
 #14

I'm pretty sure I've heard some person talk about it in the past on the news as well.

It's not a new concept. But I think it's an extremely dumb one given the fact that you could be putting your life at risk with people with ill intentions. Besides, we don't even know if this sort of thing will have long term security risks, both in the protection of the private keys that are stored in these implants and the potential health effects.

Hardware wallets are sufficient in security and I think this may be taking it too far.

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January 11, 2020, 08:31:27 AM
 #15

This technology is now feasible and you do not need nanotechnology to do it, because in fact there are many people who implant electronic parts into the body for payment or control.
a
True, and technology is here already. You can incorporate crypto and other sensitive data on an implant. I like what was depicted in the movie Elysium, something like that that it is connected to the brain which is so much secure.

As of now, you can just tweak technology and add code for crypto and that's it.

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January 11, 2020, 10:09:19 AM
 #16

if indeed such a system already existed, someone who already knew could commit a crime by taking the chip, this sounds terrible but it might happen, where everyone has used the implant, so they think that everyone saves their money on the implant.
but we also don't know yet about the security technology that will happen in the future, whatever it is we must stay alert.

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January 11, 2020, 10:23:20 AM
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 #17

it seems like something from a move or something unrealistic but i say it will be possible.
with how quickly technology is moving forward as well as medical advancements i would not rule it out for the future.

take a look at Star Trek from the 70's and 80's look at some of the technology that Captain Kirk and his crew used, similar technology can be seen in use today, anything is possible (kind of)

they used the first smartphones.....


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January 11, 2020, 11:00:06 AM
 #18

Like to imagine the future and it is very scary. Technology must grow rapidly every year to year, but if like that I think it is too excessive and risky and can damage the body because of the wave of the chip. Like smartphone, computers and such have radiation that can spoil especially in the body insert into our bodies.

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January 11, 2020, 11:36:29 AM
 #19

I am very negative about any kind of implantation of foreign objects. I think that in the future people will implanting something similar into their bodies, but I do not see any positive aspects of this. it will be very easy to track you anytime and anywhere and you will be under the control of the government and the FBI. I'm not talking about how this will affect your body... most likely your health will constantly get worse






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January 11, 2020, 11:54:34 AM
 #20

I'm off for this if someday it will be implemented. But I think we'll definitely see it happen someday but the time would be unknown. Apart from the health risk, I'm also confuse if hackers will also create a way to easily scan those implants from us.

Like upon scan, they'll be able to get our information about our wallets and even the in depth and most crucial info that should be confidential.

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