Scott R. SilvermanChairman and CEO - VeriChip Corporation
Speaks at ID WORLD on Privacy & Data Protection
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| Mr. Scott R. Silverman is the chairman and chief executive officer of VeriChip Corporation. He previously served as chairman and chief executive officer of VeriChip from December 2006 until July 2008. In November 2008, he bought the controlling interest in VeriChip at which time he once again became chairman. He was named CEO in August 2009. He served as the chairman of the Board of Directors of Applied Digital Solutions, Inc., or Applied Digital, from March 2003 until December 2006, and served as chief executive officer of Applied Digital from March 2003 to December 2006, and as acting president of Applied Digital from April 2005 to December 2006. From March 2002 to March 2003, he served as Applied Digital’s president and as a member of its Board of Directors. From August 2001 to March 2002, he served as a special advisor to Applied Digital’s Board of Directors. From September 1999 to March 2002, Mr. Silverman operated his own private investment banking firm. From October 1996 to September 1999, he served in various capacities with Applied Digital, including positions related to business development, corporate development and legal affairs. Mr. Silverman also served as the chairman of the board of IFTH Acquisition Corp., which later became Steel Vault Corporation, from January 2006 to September 2009. Mr. Silverman is an attorney licensed to practice in New Jersey and Pennsylvania.
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"Privacy Evolution, Not Revolution"
I. VeriChip – world's first, FDA-cleared, implantable RFID microchip for humans
II. History of microchips used for identification in the animal world and how they evolved for use in the human world
III. Privacy backlash – product maligned as invasive, became a target for privacy rights advocates; subject to malicious assaults by CASPIAN, etc.
IV. Result – VeriChip Corp. forced to sell Xmark division; defamatory attacks led to dormant stage of the company
V. Wrong Result – VeriChip founded on strong privacy policy, voluntary use of product, etc.
VI. VeriChip's Projects to protect Alzheimer's patients, diabetics and develop a glucose-sensing microchip
VII. Privacy – VeriChip actually enhances one's privacy - no one can steal your chip vs. other forms of identification like an identification card
VIII. What's next? Looking beyond patient identification to diagnostic and sensor applications; focus on underlying personal health record and critical personal financial data
IX. Summary – When will the patient's/consumer's wishes balance with the public's view on privacy? It's up to VeriChip as a leader in the auto ID space to find that out. Privacy evolution – not revolution! |
