A Toronto-based startup acquired the Royal Canadian Mint ’s fledgling digital-currency program and plans to commercialize the technology this year.
NanoPay, which has developed a mobile-payment service it says is similar to Apple Inc.’s “Apple Pay” system, acquired MintChip from the Mint in December for undisclosed terms, nanoPay Chief Executive Laurence Cooke told The Wall Street Journal. The parties were in talks for the deal for almost a year, he said.
http://www.wsj.com/articles/canadas-nanopay-acquires-mintchip-technology-from-royal-canadian-mint-1452613320
