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Grassroots Economics, a non-profit organization that develops and implements community currency programs in Africa, will utilize the Bancor Protocol to expand its existing paper currency system into a blockchain-based network, the foundation announced on Monday. The initiative will seek to launch a network of blockchain-based community currencies in Kenya, facilitating...
Colu, an Israeli startup offering localized digital currencies based on blockchain technology, is looking to raise US$50 million in an initial coin offering (ICO). Colu had already raised US$12 million in venture capital from Digital Currency Group, Spark Capital, Aleph Ventures, and others, but this time, it opted for...

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