Tuesday 18 February 2014

Royal Canadian Mint conducts crypto-currency trial

From Mobile Payments Today

“The Royal Canadian Mint is currently running an employee trial of its MintChip crypto-currency. MintChip is linked to the Canadian dollar, and is designed for low-value online, mobile and physical payments.

A Canadian government-owned crown corporation that produces Canada's coins, the Mint has issued MintChip accounts to 200 employees at its Ottawa and Winnipeg offices. It has installed Ingenico's IWL220B contactless card readers in its cafeterias, enabling pilot participants to pay for purchases using MintChip via NFC-enabled BlackBerry 10 smartphones.”

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