Lifeboat Foundation

Forget swiping a credit card or badge to buy food at work. One Wisconsin-based tech firm is offering to install rice-size microchips in its employees’ hands.

Three Square Market will be the fir st firm in the U.S. to use the device, which was approved by the FDA in 2004, CEO Todd Westby told CNBC on Monday.

“We think it’s the right thing to do for advancing innovation just like the driverless car basically did in recent months,” he said in an interview with “Closing Bell.”