After a week full of emotions that marked the end of the black in Canada, a competition was launched to design the next electronic money. The best applications will receive prizes in gold directly from the Canadian treasury.

The good old "penny black" living his last moments, it is time to take a virtual currency that can be up to the expectations of Canadian security and ease of transaction. The Royal Canadian Mint had the idea to appeal to the spirits of software for developing and presenting the best format of electronic currency that it has named MintChip. The parastatal has set up a contest where winners will receive prizes "gold sounding" unusual fact that adds to the frenzy that has not failed to attract the attention of the geek community.



Immediately warn prospectors that "bullion" will be relatively modest, however, with such a first prize of 10 ounces of gold valued at about $ 17000. Categories as the best application "person to person", B2C (business-to-consumer) and micro-payment will also allow contenders to shine in each specialty with the price of 3 gold pieces (about 5 $ 100).

The goal is to develop the concept that software will be marketed later, much like a call for proposals accompanied by a sweet motivator for those concerned. The contest begins today by agreeing for the next 4 months the participants' projects. Dedicated time to the votes of judges and the audience will follow in August and September, the winners will be announced on September 24.

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