Apex Wallet (cryptocurrency wallet)

Main article: Cryptocurrency wallets

2024: Product Announcement

In mid-July 2024, Seattle-based Dangerous Things and VivoKey Technologies unveiled an implantable cryptocurrency wallet. The pill-sized Apex chip contains all the necessary private keys and transaction approval capabilities, and the phone app acts as the interface.

The Apex chip can be used to store bitcoin, open a door or pay for a cup of coffee. "This chip already supports several different bitcoin and crypto wallets," explained Amal Graafstra, founder and CEO of VivoKey Technologies and Dangerous Things. - In particular, users can use the Satochip wallet, the Seedkeeper app and the Status IM key card wallet. They work with different blockchains. " According to VivoKey, Satochip is a BIP32/39 wallet applet that allows users to securely store cryptocurrency and transact on a blockchain with support for multiple types of currencies.

Dangerous Things

Startups Dangerous Things and VivoKey specialize in near-field communication (NFC) and radio frequency identification (RFID) technologies adapted for implantation. The implantation itself takes a matter of seconds, most of the time is spent preparing and stopping bleeding. The main obstacle remains customer engagement, which was initially carried out mainly through speeches and media coverage. In addition, small-scale production in a very large-scale industry remains a problem, as Graafstra notes. "We produce lots of 2,000 to 5,000 transponders at a time. By comparison, credit card chip manufacturers order at least a million chips, and animal chip customers count a small batch of 10,000. "

However, the Apex Flex implantable chip is already available and is priced at 349. dollars^[1]

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