Canadian Government Develops Digital Currency

Excerpt from jsminset.com:

Canadian Mint ready to test its own digital money project

John Greenwood | 19/09/13 6:00 AM ET

As the government body responsible for the production of loonies, toonies, nickels and sundry “limited-edition” collector coins, the Royal Canadian Mint is hardly the first thing that comes to mind when you think of cutting-edge technology. But that may be about to change.

Sometime before the end of this year, software engineers at the 105-year-old Crown corp. will begin pilot testing a novel form of digital currency that so far has received little attention but which has the potential to revolutionize how we do business . . .

Like many such technologies, the initiative has mostly been cloaked in secrecy . . .

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