http://www.digitaljournal.com/article/322797
Since the Canadian federal government dumped the one cent penny in its 2012 budget last week, the Royal Canadian Mint unveiled its digital alternative to coinage and small bank denominations; micro and nano transactions. This initiative has been called MintChip.
Value can be hoarded and shared over email, remotely in a cloud, tapping digital devices together and used in software applications. It can be used on the Internet, at a store or mobile devices. No personal information is ever shared in transactions. The Mint says it?s ?so easy even a child can use it.?
Since the Canadian federal government dumped the one cent penny in its 2012 budget last week, the Royal Canadian Mint unveiled its digital alternative to coinage and small bank denominations; micro and nano transactions. This initiative has been called MintChip.
Value can be hoarded and shared over email, remotely in a cloud, tapping digital devices together and used in software applications. It can be used on the Internet, at a store or mobile devices. No personal information is ever shared in transactions. The Mint says it?s ?so easy even a child can use it.?
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