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Author Topic: 2012-05-20 - Who Coined It First? The Advent of Digital Currency  (Read 931 times)
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May 21, 2012, 07:20:22 AM

Who Coined It First? The Advent of Digital Currency

Byron Tse

When the Royal Canadian Mint (RCM) announced that it would be creating a digital representation of the Canadian Dollar in the form of MintChip, the digital currency sphere lit up with comparisons to numerous previous attempted forms of digital currencies – most notably Bitcoin, a decentralized electronic cash system developed by Satoshi Nakamoto.


However, stated within the rules of the Developer Challenge – any submission must be the original work of the developer, and cannot violate any intellectual property, proprietary, privacy, or moral rights or another person/entity (for the complete rules click here). And this is where the question arises of whether such a submission would be copying the idea of Bitcoin.

About IP Osgoode:
IP Osgoode at Osgoode Hall Law School is a new, independent and authoritative voice which explores legal governance issues at the intersection of intellectual property (IP) and technology.

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