Microchip implant developer and manufacturer Biohax discusses the prospects of a long-term partnership with several UK-based financial and legal firms, as reported by Sunday Telegraph.

“These companies have sensitive documents they are dealing with. [The subdermal microchips] would allow them to set restrictions for whoever,” – Biohax founder Jowan Österlund commented on the matter.

His company is known for having already microchipped several thousands of people in Scandinavia. In Sweden alone, Biohax implanted more than 4,000 microchips about the size of a grain of rice each. Placed beneath the skin between the thumb and forefinger, the devices serve as replacements for physical key cards, IDs, travel cards and paper tickets.

British trade unionists are not too happy about this trend expanding from Scandinavia to the UK, however.

“We know workers are already concerned that some employers are using tech to control and micromanage, whittling away their staff’s right to privacy. Microchipping would give bosses even more power and control over their workers,” – they noted in the Trades Union Congress, as quoted by The Guardian.

As for Österlund, he sides with other advocates of the technology and believes that the chips would be of much use for both employees and their employers.