http://en.zaoniao.it/index.php?action=history&feed=atom&title=MintChip 2026-05-15T12:15:17Z Revision history for this page on the wiki MediaWiki 1.32.0 http://en.zaoniao.it/index.php?title=MintChip&diff=87&oldid=prev 2019-02-22T06:08:41Z

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Admin http://en.zaoniao.it/index.php?title=MintChip&diff=86&oldid=prev 2017-12-18T18:35:04Z

<p>1 revision imported</p> <p><b>New page</b></p><div>[[File:ext_38dKJsdjh_MintChip app screenshot.webp|thumb|Screenshot of the MintChip app homepage on an Android phone.]]<br /> [[File:ext_38dKJsdjh_MintChips and Accessories.jpg|thumb|300px|A pair of MintChips (centre) and accessories from the Mint.]]<br /> <br /> '''MintChip''' is a [[Electronic money|digital currency]] that provides the underlying system to facilitate the exchange of value between consumers and merchants in real-time. It was designed to reduce the cost and risk of financial transactions. This technology was created by the Royal Canadian Mint, backed by the [[Government of Canada]] and denominated in a variety of fiat currencies. The [[Royal Canadian Mint]] announced the MintChip project in 2012 and simultaneously launched the MintChip Challenge contest to encourage development of interesting uses for the MintChip. In January 2016, Loyalty Pays Holdings corporation - a wholly owned subsidiary of nanoPay, a fully integrated loyalty and payments platform provider, announced the acquisition of all assets related to MintChip.<br /> <br /> ==Challenge==<br /> <br /> The Mint ran a challenge during the summer of 2012 to develop apps and ideas for how MintChip could be used. The prizes included $50,000 in gold bullion. Winners included a wallet app for Windows Phone 7, an app to donate micropayments to charity with every transaction you perform, and a mobile checkout/point of sale app.<br /> <br /> The challenge also had a public voting component for the ideas section. The top 25 ideas would then be narrowed down to top 10 by a panel of judges.<br /> <br /> ==Concept==<br /> <br /> British cryptographic expert David Everett is the technical architect of the MintChip program for the Royal Canadian Mint. A related smartcard initiative, the [[Mondex]] cash card was launched experimentally in the UK in 1994 but failed to attract commercial interest, but MasterCard's implementation of Mondex smartcards in the USA is still offered.<br /> As of September 2013, Marc Brûlé, CFO of the Royal Canadian Mint, had still endorsed the concept and announced the prospect of MintChip 2.0. but in April 2014 the Mint announced a halt to the program and the intention to sell off their MintChip development assets to the private sector.<br /> <br /> ==Privatization==<br /> <br /> On January 12, 2016, it was announced that MintChip had been sold to Toronto-based [https://nanopay.net/ nanoPay].<br /> <br /> ==See also==<br /> * [[ecash]]<br /> * [[eCache]]<br /> * [[egold]]<br /> * [[Ven (currency)]]<br /> * [[Bitcoin]]<br /> <br /> ==Source==<br /> <br /> [http://wikipedia.org/ http://wikipedia.org/]<br /> [[Category:Cryptocurrency]]<br /> [[Category:Payment systems]]<br /> [[Category:Mobile]]</div>

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