Submission + - Canadian Mint to research new digital currency. (thestar.com)
Oldcynic writes: The Canadian mint has allowed 500 "hackers" to enter a contest to create a new digital currency. The currency would allow micro payments using electronic devices.
From TFA
Despite the variety of payment options, he said there are “still no cost effective electronic solutions” for low value transactions that can be used regardless of a person’s age or credit standing.
Developers may have been skeptical about MintChip, but the 500 contest spots were filled in just four days.
It will be interesting to see how this pans out.
From TFA
Despite the variety of payment options, he said there are “still no cost effective electronic solutions” for low value transactions that can be used regardless of a person’s age or credit standing.
Developers may have been skeptical about MintChip, but the 500 contest spots were filled in just four days.
It will be interesting to see how this pans out.
