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Tag: Hullcoin

Hullcoin: Can Local Currency Help Stimulate Hull’s Economy?

Category: Altcoins, Bitcoin, Blockchain, Finance, News, Tech

Hullcoin: Can Local Currency Help Stimulate Hull’s Economy?

Volunteers and community workers may soon be able to get rewarded for doing “socially-useful tasks” thanks to a blockchain technology that rewards individuals effort with Hullcoins, of which can be exchanged for discounts at local retailers. Social Good and Local Currencies The idea, which had its inception in 2014, is being spearheaded in Hull, England and was first envisioned by…

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Hullcoin Plans to Launch Cryptocurrency Tied to Local Community “Currency”

Category: Altcoins, Finance, News

Hullcoin Plans to Launch Cryptocurrency Tied to Local Community “Currency”

Kaini Industries, the company behind Hullcoin, has revealed plans to develop a new cryptocurrency that will be linked to the Hull’s community voucher Hullcoin through the use of smart contract technology. Launched in 2014, Hullcoin is described as the “world’s first community loyalty point.” The token has no intrinsic value but can be used to redeem vouchers and discounts in…

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