“The Royal Canadian Mint this week displayed its crypto-currency called Mint Chip at the annual National Retail Federation’s Expo in New York. The Mint plans a limited test of the currency later this month.  Developed by the mint in 2012, Mint Chip is about as different philosophically from Bitcoin and other digital currencies as you can get. Backed by a government and tied to the national currency, it’s also gaining acceptance from some pretty big mainstream companies, which RCM hopes can distribute it. The mint has also played host to smaller companies who’ve developed consumer-facing applications for Mint Chip.  Mint Chip has about eight patents associated with it.”

http://www.inc.com/jeremy-quittner/bitcoin-rival-mintchip-pilot-currency.html

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy