Applied Digital Solutions' Announces Secure Solution for Payment & Transactions - Business Wire
Applied Digital Solutions, Inc. (Nasdaq:ADSX) an advanced technology development company, announced that the Company's Chief Executive Officer, Scott R. Silverman, in his speech today at the ID World 2003 in Paris, France, revealed the Company's newest subdermal RFID solution called VeriPay(TM). VeriPay is intended to be a secure, subdermal RFID (radio frequency identification) payment technology for cash and credit transactions. About the size of a grain of rice, VeriChip(TM) is the world's first subdermal, radio frequency identification (RFID) microchip that can be used in a variety of security, financial, emergency identification and other applications.