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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 687.85-0.4%Dec 29 4:00 PM EST

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To: Johnny Canuck who wrote (52465)6/22/2016 1:47:50 AM
From: Johnny Canuck  Read Replies (1) of 69317
 
MintChip launches digital cash app as it prepares for shift to cashless society
mintchip-app
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Alexandra Posadzki, The Canadian Press
11:48 AM, E.T. | June 21, 2016
Technology
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MintChip, the digital cash platform started by the Royal Canadian Mint and acquired earlier this year by Toronto financial technology startup nanoPay, will be available to consumers starting today.

All Canadians are now able to download and use the MintChip app to send and receive digital cash between family and friends for free.

The digital cash is also being accepted by select merchants in Toronto's Liberty Village neighbourhood until Labour Day.

MintChip was founded in 2012 by the Royal Canadian Mint as a secure way to send and spend money.

Like cryptocurrencies such as Bitcoin, it is an encrypted system that processes payments instantaneously, therefore removing the need for a third party to process or settle the transaction.

This results in lower fees for merchants.
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