Ads Top

Royal Canadian Mint picks NFC for virtual currency pilot

The Royal Canadian Mint is piloting its MintChip digital currency in the cafeterias at its Ottawa and Winnipeg facilities — and is using NFC technology to enable employees to make purchases with the Bitcoin alternative. MintChip is designed to be a digital representation of money, sharing many of the same qualities as physical cash. Transactions are anonymous and almost instantaneous and should also be cheaper, the Mint says, because the cost of managing a digital currency would be lower than that of cash.

No comments:

Powered by Blogger.