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Could the chip be used as a way to blackmail an owner if the person who reads the chip information so desired?

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Could the chip be used as a way to blackmail an owner if the person who reads the chip information so desired?

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The chip carries no information but a code number. Snagg registered customers need to furnish additional information to gain entry to the Snagg database that only the owner of the instrument would know. In short, is the Snagg RFID chip a real deterrent? According to police detectives numbering in the hundreds spoken to by Snagg personnel, high tech tracking devices are an absolute deterrent. This RFID chip is a conclusive way to establish provenance and significantly assist in recovering a lost or stolen instrument if a dealer or law enforcement official pursues contacting Snagg. The cost of six RFID chips is well under $20/each. The cost to register your instrument with Snagg is zero. While our agency has no financial interest in Snagg, nor do we receive any revenue from SNAGG, we sincerely believe that installing a Snagg RFID chip is viable and compelling for our clientele. In fact, we are offering a small discount for Snagg equipped instruments, so one might say say we are losing mo

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