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Re: MintChip 2.0

From: Joseph Potvin <jpotvin@opman.ca>
Date: Fri, 20 Sep 2013 10:56:05 -0400
Message-ID: <CAKcXiSqkNROQapZYNDKO47M9tfDtVMbLWgwYEj-cgaMKCmjV=A@mail.gmail.com>
To: Scott Elcomb <psema4@gmail.com>, Web Payments CG <public-webpayments@w3.org>
It appears they are planning a MintChip pilot later this year in Canada:
http://blogs.sap.com/banking/2013/08/06/mintchip-the-evolution-of-currency/
The agenda for that meeting was:
http://www.ausape.es/ausape/Archivo/1-Presentaciones/SAP/SAP_Financial_Services.pdf

For anyone just catching up to the MintChip story, here are some
Interesting articles
http://www.thestar.com/business/2012/04/11/royal_canadian_mint_to_create_digital_currency.html
http://www.thestar.com/business/personal_finance/spending_saving/2013/04/30/digital_cash_replacement_from_royal_canadian_mint_in_the_works.html
http://canada.creditcards.com/credit-card-news/mintchip_vs_credit_cards-1264.php
http://www.forbes.com/sites/jonmatonis/2012/04/12/mintchip-misses-the-point-of-digital-currency/
http://blogs.wsj.com/canadarealtime/2013/04/19/bitcoin-outshines-canadas-stalled-mintchip/.

It seems the Toronto Star first broke the story. That article
identifies David Everett of the UK as the Royal Canadian Mint's "the
man".

He's published a book, but it is not available
http://www.amazon.ca/Smart-Cards-Tokens-Technology-Applications/dp/0470024631

Anyone on this list have a copy?

Title: Smart Cards and Tokens: Technology and Applications
Authors: David Everett, Jon Barber, Nikhil Prakash
Publisher: John Wiley & Sons Australia, Limited, 2007
ISBN: 0470024631, 9780470024638
Length: 320 pages

He's identified in this "Smart Card News (SCN)" publication as its
"Technical Researcher".
http://www.smartcard.co.uk
And Patsy Everett is the Managing Director of Smart Card Group:
http://www.smartcard.co.uk/directory/CR-zJQq!-aqbZZ-.htm
... Although David is actually the registered Director:
http://companycheck.co.uk/director/900435055

SCN published a favourable review of The Royal Canadian Mint's
"MintChip" saying that it "might appear to be reminiscent of Mondex.
There are still a lot of people around who think Mondex got it right
but just 20 years too early."  But the article does not mention Mr.
Everett's own direct involvement in both of those initiatives.
http://www.smartcard.co.uk/articles/a_new_flavour_for_ecash.php

i.e. it's "self-published".

Here's a bit of a bio:
http://www.zoominfo.com/p/David-Everett/1369710

During 1990 to 2000 David was Technical Director at Platform Seven, a
division of the National Westminster Bank

The substantive organizational threads are here:
https://en.wikipedia.org/wiki/Mondex
http://www.mondex.org/main_page.html

Meanwhile, David Everett has a few patents in this domain:
Meanwhile, he's got some patents in this domain:
http://pminer.org/inventor.do?m=viewInventor&name=David%20Barrington%20Everett
https://www.google.com/?tbm=pts#q=%22David+Everett%22+card&tbm=pts
http://patent.ipexl.com/inventor/David_Barrington_Everett_1.html
Most from his time as a former techical director at Mondex
http://www.patentbuddy.com/Inventor/Everett-David-Barrington/11754126
How about this one: http://patents.justia.com/patent/6742715


RE: http://developer.mintchipchallenge.com/index.php

>> Check out these parts of the "Rules of their MintChip Challenge":

...3. Complete the following statement in 140 characters or less, “A
digital currency can be used for …. (the “Submission”).

Yup. Tweat-length submissions only

...2. Eligibility: The Ideas Competition is open only to individuals
who have reached the age of majority in their jurisdiction of
residence at the time of entry and are legal residents of Canada or
the fifty (50) United States or the District of Columbia as of the
time of registration.

So, the US is included in the Canadian Mint's contest. Brilliant
developers from other countries are excluded because... ?

...6. The Entrant further represents and warrants to the Sponsor and
the Administrator, that the Submission, and any use thereof by the
Sponsor or the Administrator (or any of their respective partners,
subsidiaries and affiliates), shall not:
a. infringe upon any statutory or common law copyright;
... d. infringe, misappropriate or otherwise violate any intellectual
property rights, proprietary rights, privacy rights, moral rights or
any other rights of any person or entity.
...11. The Sponsor may at its sole discretion disqualify Submissions
for which intellectual property claims including those under the
Digital Millennium Copyright Act are received and remove any such
Submission or component thereof from Ideas.MintChipChallenge.com
[[Hey, how about that, applying US law in Canada, and no mention of
Canada's Copyright Act.]]
...By entering, each Entrant and Registered Non-Entrants agrees to:
... indemnify, defend and hold harmless the Sponsor and the
Administrator from and against any and all claims, expenses, and
liabilities (including reasonable attorneys fees) arising out of or
relating to a Entrant’s participation in the Ideas Competition and/or
an Entrant’s acceptance, use or misuse of a Prize.

Wow. Read that last phrase again.

RE: "Top prizes" of, um, $255?
http://mintchipchallengeideas.challengepost.com/

Pause to think...

Meanwhile, of course... "Winners are responsible for reporting and
paying all applicable taxes in their jurisdiction of residence
(federal, state/provincial/territorial and local)."

RE: "At the moment of this writing, the only supported platfrom for the
MintChip JavaScript API is Microsoft Windows with Microsoft .NET
Framework 2.0 or higher. "
http://developer.mintchipchallenge.com/api/javascript/index.php

Pause to think...

Joseph Potvin
...still thinking.

On Thu, Sep 19, 2013 at 4:57 PM, Scott Elcomb <psema4@gmail.com> wrote:
> At the very bottom of this Q&A it's mentioned that the Royal Canadian
> Mint is working on MintChip 2.0
>
> <http://business.financialpost.com/2013/09/19/q-a-interview-with-mintchip-boss-marc-brule/>
>
> Best,
> --
>   Scott Elcomb
>   @psema4 on Twitter / Identi.ca / Github & more
>
>   Atomic OS: Self Contained Microsystems
>   http://code.google.com/p/atomos/
>
>   Member of the Pirate Party of Canada
>   http://www.pirateparty.ca/
>
Received on Friday, 20 September 2013 14:56:53 UTC

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