ARTICLE

Japan Plans To Test Fingerprints As "Currency"

News Image By Kade Hawkins April 09, 2016
Share this article:

Japan has been moving to a cashless society for quite some time but new technologies and a desire to expand tourism are rapidly speeding up it's integration throughout the country.


Ecurrency and other cashless technologies started to increase rapidly when Japan passed legislation in 2006 that made banks liable for withdrawals by criminals using stolen or counterfeit bank cards.

Cash was already dying a slow death thanks to phone wallet services that many Japanese find extremely convenient. One of the popular services alone now has over 50 million users.

Japan is also one of the leading nations to introduce biometric ATM's which can authenticate your identity using the vein patterns in your finger. It's estimated there are now over 100,000 such ATM's with over 20 Million customers.

With the 2020 Tokyo Olympic games now on the horizon Japan is looking at fingerprint payment biometrics as a way to increase the number of foreign tourists by using the system to prevent crime and relieve users from the necessity of carrying cash or credit cards.

Tourists would register their fingerprints and other data, such as credit card information, at airports and elsewhere upon arrival.

Tourists would then be able to conduct tax exemption procedures and make purchases after verifying their identities by placing two fingers on special devices installed at stores.

The government plans to role out experimental locations by next spring and then hopes to introduce it nationwide in time for the games in 2020.

However, few countries are as advanced as Japan in integrating biometrics and there are concerns that tourists will be uneasy about providing personal information such as fingerprints.




Other News

October 25, 2021Perfect Winter Storm - Simultaneous Shortage Of Oil, Natural Gas, Propane & Coal

We are already in the midst of an epic global energy crisis. There have already been significant power outages all over the planet, and p...

October 25, 2021Warning - Port Congestion Could Be Worse Than 'Lehman Crash'

The ports shutting down is worse than Lehman Brothers failing. Both can lead to catastrophic failures of all counterparties depending on t...

October 25, 2021LGBT Civil War As Leftists Go After Feminist Heretics In Their Ranks

As trans activists accrue cultural power and consolidate their territorial gains, their movement has begun the process of doing what all r...

October 25, 2021Inviting God's Judgement - US Looking Deny Israel Sovereignty Over Jerusalem

Former Jerusalem Mayor Nir Barkat has warned that the Biden administration's plan to unilaterally open a Palestinian consulate in the hear...

October 22, 2021Food Hoarding Intensifies As Fears Of More Price Spikes Coming Soon

When people hear that something is going to be scarce, it is only human nature to be motivated to stock up while you still can. There are...

October 22, 2021A Spirit Of Lawlessness Has Spread Across The Country

From the very top to the very bottom, we are rapidly becoming a completely lawless nation. A new law that was recently passed prohibits po...

October 22, 2021Israel/Iran Nuclear Issue Will Reach Critical Junction In 2022

With Tehran accelerating its nuclear program, Jerusalem is accelerating its own military strike capability in parallel. These two paths w...

Get Breaking News