Think of MintChip as Bitcoin, but backed by a country. Bitcoin is the open source application and project operating under the MIT license with the goal of creating a peer-to-peer (p2p) digital currency with no central clearing authority.
Bitcoin is cross-platform, with applications available for Linux, Windows and Mac OS X. The Royal Canadian Mint wants to do the same for MintChip. To spur the effort, they are sponsoring a MintChip Challenge, a competition for developers. For an introduction to MintChip, watch this video.
Now that you know what MintChip is, can you contribute? Are you a coder or developer? If you are, you could win 1 Gold Wafer or about 10 oz of Gold. That is the top prize that the Royal Canadian Mint is offering to the person that creates the best application for “Android, BlackBerry, iOS, Windows or desktop and mobile browsers” that “best demonstrate the potential value of the MintChip technology and have the greatest potential impact on digital payment technology.”
Notice that no mention is made of desktop Linux, but since Android is Linux, I am guessing that if you can create an Android application, you can create one for desktop Linux. That is the point of this article, to bring attention to MintChip to open source or free software developers.
If you are interested, accept the MintChip Challenge. If accepted, you will be provided with a software development kit (SDK), two microSD MintChips, and two remote MintChip accounts that you can use to integrate the Mint’s technology with your digital payment application(s).
To qualify, you must be an adult, as legally defined in your jurisdiction of residence. By the rules of the competition, only residents of Canada, the 50 states of the United States and the District of Columbia, are eligible to apply. Hurry, because only 500 applicants will be accepted.