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Tag: Colu
Beyond Transactions: The Vision for Cryptocurrencies as a Tool for Social Cohesion
Category: 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 to encourage beneficial actions and behaviors offline. His company Colu,…
Blockchain Startup Colu Launches Digitized Local Pound for East London
Category: 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 economic growth is possible starts with people’s ability to exchange…
Blockchain Startup Colu to Launch Localized Digital Currencies in the UK
Category: 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 currencies that Colu has unveiled. So far, it has launched…
