#Colu News

Colu (CLN) Ends its Blockchain Project, Token Buyback Begins Shortly

August 13, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Colu (CLN), a distributed ledger technology (DLT) project that claims to be focused on promoting positive economic and social change in local communities, has decided to end its blockchain project and has promised to buy back all its native CLN tokens sold during its initial coin offering (ICO), according to...

Belfast Coin: Northern Ireland’s Capital Set to Introduce its Own Cryptocurrency

May 16, 2019 by Osato Avan-Nomayo at Adoption, Altcoins, Finance, News

Belfast, the capital city of Northern Ireland wants to issue its own cryptocurrency as the digital currency trend continues to spread, Public Technology reports May 14, 2019. Belfast's City Council plans to use the cryptocurrency as a way of encouraging residents to patronize local merchants and also to promote a...

Beyond Transactions: The Vision for Cryptocurrencies as a Tool for Social Cohesion

July 2, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Finance, Mining, News, Tech

Up to this point, cryptocurrency mining has been exclusively a reward for facilitating transactions and mathematical functions. The process of mining is ethically neutral. Could a new generation of ‘social cryptos’ change that? Blockchain as an Equalizer Amos Meiri is a blockchain entrepreneur who thinks that cryptocurrencies can be used...

Blockchain Startup Colu Launches Digitized Local Pound for East London

June 25, 2017 by Alex Lielacher at Bitcoin, Business, News, Tech

Tel Aviv-based blockchain company Colu announced the launch of its second local digital currency in the United Kingdom, named the “Local Pound, East London” (ELP) a digital currency pegged against the British Pound. Colu believes that the key to supporting local businesses and creating an environment where sustainable and equitable...

Blockchain Startup Colu to Launch Localized Digital Currencies in the UK

November 12, 2016 by Alex Lielacher at Business, News, Tech

Tel Aviv-based cryptocurrency startup Colu announced that in December it will launch two local digital currencies, the Camden Pound, and the Liverpool Pound, in the United Kingdom. This will be achieved through a combination of the colored coins and lightning protocol concepts. These are actually not the first local digital...