Bitcoin-Like MintChip Acquired By Canada's nanoPay With Digital Cash Future Promise

nanoPay Corporation, a loyalty and payment platform tech start-up in Toronto, has acquired all the assets related to MintChip, a fledgling digital currency developed by the Royal Canadian Mint (RCM), which has been in the coin making business for over 100 years, and likened to Bitcoin - but backed originally by the Canadian dollar. Plans are now afoot to commercialize the technology during 2016 under the new custodians.