A US-based company has just proved that we’re living in the future already, as it started implanting microchips in its employees with the purpose of making payments faster, but also benefitting from a series of other features.

Three Square Market CEO Todd Westby explained in an interview with KSTP that the microchips could replace phone payment systems or credit cards because persons who have such a thing implanted into their hands can easily authorize a payment at a supermarket by simply having the hand scanned.

The process works similarly to the phone payment that we use these days, and Westby says that the chip, which is about the size of a grain of rice, takes just a few minutes to implant between the thumb and the forefinger.

"We'll come up, scan the item. We'll hit pay with a credit card, and it's asking to swipe my proximity payment now. I'll hold my hand up, just like my cell phone, and it'll pay for my product,” the CEO explained.

Controlling access level in a building

In addition to faster payments, having a microchip implanted into the hand also has a series of other benefits, such as quickly logging in to computers or even granting access to specific areas of a building as each chip can be assigned a specific access level.

The microchip costs just $300 and apparently the majority of employees are eager to have them implanted despite the obvious risks, which include GPS monitoring.

The company’s CEO swears that no tracking would be made, though it’s not clear if the chips themselves allow such a feature. And if they do, it’s not hard to imagine how easy it could be to hack into someone’s chip and monitor every single step he makes 24/7.

For the time being, no employee is required to get the chip implant and only those who agree with it will get the whole thing, but as mentioned earlier, it looks like everyone is super-excited with this idea.