The odds are good that you have never heard of the School of Mines and
Technology, it is a small university that makes it home in the western
part of the state of South Dakota, but they are leading the way in a new
form of technology, one that has been the purview of science fiction
for the most part.
After all that is likely where you have seen examples of a cashless
society, one in which payments are done not with cash, not with checks
or credit cards but with a fast and possibly invasive procedure. The
school is experimenting with a Biocryptology payment systems. When the
students want to make a purchase they simple swipe their finger and then
enter their birthday into a pin pad. The system then verified the
transaction by checking out the hemoglobin levels in the blood in order
to verify the person is who they say they are.
This makes the system a significant upgrade from traditional
fingerprint technology, where the user does not have to have a pulse to
activate the system and authenticate. While that may not sound like
much, it is actually an upgrade to the security. Now if you want to use
someones fingerprint you are going to have to do a James Bond maneuver,
knock them out and bring them to the pad. Seeing as this system works in
the campus convenience store, it would hardly be worth it, but for
larger security systems this will be very helpful.
Source: Huffington Post
Image Source: Morgue File