"MintChip" is a micro payment system being promoted by the Canadian Mint:

http://mintchipchallenge.com/
http://www.cbc.ca/news/technology/story/2012/04/12/technology-mintchip-digital-penny-payment.html

This was covered on Slashdot last week, but I didn't see any posts on it
here.

CBC radio had an interesting follow-up story on this on Monday.  They
did an interview on digital currency in Sweden:

http://www.cbc.ca/thecurrent/episode/2012/04/16/the-death-of-cash-by-way-of-digital-currency/

-James

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