From various sources on the interweb:
Quote:
An integral part of the foundation of PositiveID is its RFID human-implantable microchip for patient identification, the VeriChip.
PositiveID (NASDAQ: PSID) develops and markets information-management products through RFID-based devices and identification technologies,
Corporate offices are located in Delray Beach, Florida. The company's chairman and CEO is Scott R. Silverman.(University of Pennsylvania - BA, Villanova University School of Law - J.D.)
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So there we have it, it is the brainchild of a joo lawyer, who true to type has sold his soul to Satan for 30 pieces of silver.