The Dutch Royal Mint Plans to Print the World's First QR Code Coin
Michael Hines — June 19, 2011 — World
References: herdenkingsmunt.nl & dvice
The Royal Dutch Mint has printed the world's first QR code coin in celebration of the Utrect mint's 100-year anniversary. The QR codes will be printed onto the back of a silver five Euro coin and gold 10 Euro coin, which will be issued on June 22.
The Dutch Royal Mint is promising a "surprise" for people who scan the coins. What is known about the surprise is that people will be redirected to the Royal Dutch Mint's website, but what will be waiting for people who scan the coin is anyone's guess.
The QR code coin could bring about a renewed interest in physical money. The convenience of debit and credit cards has pushed coin and paper money to the brink, but QR codes could be what is needed to keep mints and printing presses open. I eagerly await the day when a $1 bill has QR code printed on it that will give you 50 percent off a Pepsi product.
The Dutch Royal Mint is promising a "surprise" for people who scan the coins. What is known about the surprise is that people will be redirected to the Royal Dutch Mint's website, but what will be waiting for people who scan the coin is anyone's guess.
The QR code coin could bring about a renewed interest in physical money. The convenience of debit and credit cards has pushed coin and paper money to the brink, but QR codes could be what is needed to keep mints and printing presses open. I eagerly await the day when a $1 bill has QR code printed on it that will give you 50 percent off a Pepsi product.
Trend Themes
1. QR Code Currency - The use of QR codes on physical currency could revolutionize the way we handle money and open up new opportunities for digital engagement.
2. Renewed Interest in Physical Money - The introduction of QR codes on coins could spark a renewed interest in physical currency, promoting its longevity and relevance in a digital world.
3. Enhanced Interactive Experiences - QR codes on coins offer the potential for interactive and immersive experiences, creating new opportunities for brands and organizations to engage with consumers.
Industry Implications
1. Finance and Banking - The integration of QR codes in currency can disrupt the traditional banking and financial sector, prompting innovative solutions for payments and monetary transactions.
2. Printing and Minting - The introduction of QR code coins presents a disruptive innovation opportunity for printing and minting industries, offering new avenues for creating interactive and collectible currency.
3. Retail and Consumer Goods - QR code currency can revolutionize retail and consumer goods industries by enabling seamless transactions and personalized experiences through digital engagement.
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