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Microchip implants replacing ID and credit cards

A microchip implanted into ones hand can be used in Sweden to replace one or more cards.

SWEDEN (NBC) — Thousands of people in Sweden have opted to trade in their ID and credit cards for tiny microchips implanted underneath their skin.

The chips, which use near-field communication technology, take the place of key cards, rail cards and credit cards.

The chips are typically the size of a grain of rice and are implanted just under the skin between the thumb and forefinger.

So many Swedes are lining up to get the microchips that they country's main chipping company said it can't keep up with the number of requests.