American company installing microchips into employees

An American company has announced it will be installing microchips in their employees.

Three Square Market is a company based in Wisconsin that designs software and technology for mini markets and will become the first company in the US to install the microchips.

The microchips will be on offer to employees from August 1 and will enable the employee to do activities such as making purchases in their break room micro market, open doors, login to computers and use the copy machine.

The implanted Radio-Frequency Identification (RFID) chip will be the size of a grain of rice and Three Square Market insists it will have no GPS tracking capabilities.

They expected at least 50 staff members to put their hand up for the microchip which will be implanted between the thumb and the forefinger underneath the skin.

"We foresee the use of RFID technology to drive everything from making purchases in our office break room market, opening doors, use of copy machines, logging into our office computers, unlocking phones, sharing business cards, storing medical/health information, and used as payment at other RFID terminals," CEO Todd Westby said in a statement.

"Eventually, this technology will become standardised allowing you to use this as your passport, public transit, all purchasing opportunities, etc."

The chip implant will use near-field communications; the same technology used in contactless credit cards and mobile payments.