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Mountain National Bank President Mike Brown. (The Herald/ Archived Photo)
By Joe King, king@seymourherald.com
Although modern society has benefited countless ways from the advancement of technology, new components are likely to raise questions.
With the continuing controversy surrounding Smart ID cards equipped with a Radio Frequency computer chip that track students being implemented in various schools in Texas, many are wondering if a tracking system will be put in place for all humans.
In fact, some banks foreign banks are currently offering a Euro Mastecard or Visa (EMV), a global standard for inter-operation for authenticating credit and debit card transactions via implanted computer chips.
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1 Comment
Not long ago, I received a new Chase card, afterwhich I saw a video of how these cards have chips embedded to thwart theives. In the video, a guy purchashed a chip reader for less than $100. He approached folks who had these chipped cards and asked if he could use them for a test. The person had their cards in their wallets and purses while the guy simply walked by–able to lift the info on the chip. He then transferred the info to the magnetic strip on the back of a hotel card key and used it to purchase food at Miccy D’s.
I took my Chase card and destroyed it. Any bank card I receive with a chip will meet the same fate