Get Under The Skin: Why Sweden's Citizens Are Opting For Microchip Implants For those with the implants, the chip has replaced the need to carry keys, work IDs, credit cards, and train tickets, among other identity authorizations.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock.com

Call it an Orwellian world or a matter of convenience, but over 3,000 people in Sweden (a country that's fast emerging as one of the most tech-savvy ones globally) have chosen to insert microchips under their skin that can hold their personal details, credit-card numbers, and medical records, among other information. According to The Economist, the tiny microchips ("grain of rice sized") cost around US$150, and rely on Radio Frequency ID (RFID) and Near Field Communication (NFC) tech to serve their purpose.

And what's the purpose, you may ask. For those with the implants, the chip has replaced the need to carry keys, work IDs, credit cards, and train tickets, among other identity authorizations. In addition to the charm of being part of a futuristic experience, the Swedish technophiles that spoke to AFP News Agency cite convenience as the biggest attraction, with people entering their offices, gyms, apartments, and other places without the need to carry a key or a card. There also seems to be a wide belief among the Swedes that personal information is harder to hack when stored within oneself. "I don't think our current technology is enough to get chip hacked," twenty-eight year-old Ulrika Celsing told AFP.

Physically, while the process of embedding the chip may be as easy as getting a shot, experts told AFP that one can't rule out risks of infections and reactions on the immune system. There is also the question of the data that is collected and shared by the implants- what happens to the data, who owns it, and other similar data protection concerns around emerging technologies. Having made an appearance as early as 2015 among a small group of citizens, the practice, no doubt, speaks volumes of the underlying relationship Swedes have with technology and all things digital.

Related: Hello From The Other Side: Sweden Invites The World To Talk To Its People

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

How Building Tech With No Tech Background Taught Me the Most Valuable Skill in Business

The most valuable skill in business today is translation — the power to bridge vision and execution, clarity and complexity, strategy and reality.

Business News

Low Cost Business Ideas

Looking on how to start a small business but don't have much money? Our low cost startup ideas will help you plan a business to fit your budget.

Starting a Business

My Husband and I Have Built Multiple Businesses Together — Here's How We Make It Work in Business and in Life

Working with your spouse can be an incredible experience, especially when you share the same goals and values. Here's how to do it successfully.

Finance

Startup Funding: Basil Moftah, Managing Partner, Key Capital

Basil Moftah shares the keys to winning investment.

Leadership

What Strong Business Partnerships Can Teach You (If You Let Them)

Borrowing brand equity is easy, but earning customer trust takes operational depth.