Your next PayPal password could be implanted into your brain

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If you have trouble remembering all the passwords for your various online accounts, help could soon be at hand.

Online payment company PayPal is working on a new generation of devices that could eventually replace the need for passwords in their traditional form.

In a recent interview with the Wall Street Journal, PayPal exec Jonathan LeBlanc claimed that these new ultra thin microchip devices would be embeddable, ingestible and injectable and could be implanted into the brain or under the skin, as well smart tattoos or others that come in the form of small pill sized batteries which could be ingested and powered by stomach acid.

These new microchips, would be capable of monitoring bodily functions such as heartbeat and vein recognition in what Mr LeBlanc called “natural body identification” and which were featured in the presentation Kill All Passwords.

Natural body identification could potentially not only replace the need for passwords but could also replace more advanced technology which is just starting to come to the fore today, such as such as fingerprint scanning and iris recognition.

PayPal password of the future

A smart capsule which could be ingested and used instead of a password or for identification purposes. Pic from Kill All Passwords by Jonathan LeBlanc,

“As long as passwords remain the standard methods for identifying your users on the web, people will still continue to use ‘letmein’ or ‘password123’ for their secure login, and will continue to be shocked when their accounts become compromised.

“I can’t speculate as to what PayPal will do in the future, but we’re looking at new techniques – we do have fingerprint scanning that is being worked on right now – so we’re definitely looking at the identity field,” said Mr LeBlanc.

However, despite Mr LeBlanc providing examples of what the new devices may look like, a spokesperson for PayPal denied that the company will implanting anything into anyone’s brain anytime soon but did say: “It’s clear that passwords as we know them will evolve and we aim to be at the forefront of those developments. We were a founding member of the FIDO alliance, and the first to implement fingerprint payments with Samsung. New PayPal-driven innovations such as one touch payments make it even easier to remove the friction from shopping. We’re always innovating to make life easier and payments safer for our customers no matter what device or operating system they are using.”

The FIDO alliance initiative seeks to overcome the weaknesses in the type of passwords and verification sensors many of us use currently.

Earlier this year, it was revealed that some of the most commonly used passwords in 2014 were ‘12345’, ‘password’ and ‘12345678’.

 

 

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