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VeriChip buys Steel Vault, changes name to “PositiveID”, creating micro-implant health record/credit score empire

 
Foxx.
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11/13/2009 04:16 PM
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VeriChip buys Steel Vault, changes name to “PositiveID”, creating micro-implant health record/credit score empire
VeriChip buys Steel Vault, changes name to “PositiveID”, creating micro-implant health record/credit score empire
November 12, 2009 · 3 Comments


VeriChip Buys Steel Vault, Creating Micro-Implant Health Record/Credit Score Empire

industry.bnet.com | Nov 11, 2009

By Jim Edwards

VeriChip (CHIP), the company that markets a microchip implant that links to your online health records, has acquired Steel Vault (SVUL), a credit monitoring and anti-identity theft company. The combined company will operate under a new name: PositiveID.



VeriChip TV Ad Confirms Critics’ Worst fears: They Want Everyone Implanted

Novartis Chip Implant Texts Your Phone When You Need Another Pill

The all-stock transaction will leave PositiveID in charge of a burgeoning empire of identity, health and microchip implant businesses that will only encourage its critics. BNET previously noted that some regard the company as part of a prophecy in the Book of Revelation (because the HealthLink chip carries an RFID number that can be used as both money and proof of ID) or as part of President Obama’s secret Nazi plan to enslave America.

The most obvious criticism to be made of the deal is that it potentially allows PositiveID to link or cross-check patient health records (from the HealthLink chip) to people’s credit scores. One assumes that the company will put up firewalls to prevent that. PositiveID CEO Scott Silverman said:

“PositiveID will be the first company of its kind to combine a successful identity security business with one of the world’s first personal health records through our Health Link business. PositiveID will address some of the most important issues affecting our society today with our identification tools and technologies for consumers and businesses.”

Unless, of course, consumers don’t actually want to be implanted with chips, have their health records available over the internet, or have their medical records linked to their credit scores.
[link to aftermathnews.wordpress.com]
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Orion2013

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11/13/2009 04:19 PM
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Re: VeriChip buys Steel Vault, changes name to “PositiveID”, creating micro-implant health record/credit score empire
FDA Approves Implantable Chip Used to Access Medical Records

OCTOBER, 2004!!!

Oct. 25, 2004 -- On Oct. 13, the U.S. Food and Drug Administration (FDA) approved the VeriChip, a computer chip implanted subcutaneously to facilitate medical record access. Advocates of the chip, produced and marketed by Applied Digital Solutions Inc. (ADS) in Delray Beach, Florida, believe it will improve rapid access to vital medical information on unconscious or uncommunicative patients, but some privacy experts have voiced confidentiality concerns.

The VeriChip, which is about the size of a pen point, is implanted in the subcutaneous tissue in the triceps area, where it is invisible to the naked eye. Using the FDA-approved inserter, "chipping" under local anesthesia is painless and only takes a few minutes.

[link to www.medscape.com]
"Fear is the mind killer" ~ Bene Gesserit
Anonymous Coward
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11/13/2009 11:52 PM
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Re: VeriChip buys Steel Vault, changes name to “PositiveID”, creating micro-implant health record/credit score empire
PosID

new trade name for Verisign
Foxx. (OP)

User ID: 762585
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11/13/2009 11:54 PM
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Re: VeriChip buys Steel Vault, changes name to “PositiveID”, creating micro-implant health record/credit score empire
Health records and Financials all in one
Your good to go
You are the driver, you Own the Road!!Stand up and Shout

I've a suggestion to keep you all occupied, Learn to Swim!!
Anonymous Coward
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11/14/2009 12:32 AM
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Re: VeriChip buys Steel Vault, changes name to “PositiveID”, creating micro-implant health record/credit score empire
Start watching at 5:30, the point comes a 7:00

ties in VeriChip to Healthcare bill and the pandemic
Anonymous Coward
User ID: 818025
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11/14/2009 01:51 AM
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Re: VeriChip buys Steel Vault, changes name to “PositiveID”, creating micro-implant health record/credit score empire
Health records and Financials all in one
Your good to go
 Quoting: Foxx.



Yeah- and didn't IBM acquire Verichip?


One Mainframe To Rule Them All

[link to www.youtube.com]
Bellymeln
User ID: 819293
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11/15/2009 05:24 PM
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Re: VeriChip buys Steel Vault, changes name to “PositiveID”, creating micro-implant health record/credit score empire
Health records and Financials all in one
Your good to go



Yeah- and didn't IBM acquire Verichip?


One Mainframe To Rule Them All

[link to www.youtube.com]
 Quoting: Anonymous Coward 818025



Wow!!! Thanks for that link- incredible info!
mercury2

User ID: 819182
United States
11/15/2009 05:30 PM

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Re: VeriChip buys Steel Vault, changes name to “PositiveID”, creating micro-implant health record/credit score empire
Here, how about this, near future scenario, they go bankrupt, and the government has to take them over to "safeguard" your privacy and preserve your sensitive information.


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