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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 blockchain startup that creates localized, digital currencies, has raised US$14.5 million from IDB Development Corporation as an investment in the company and as part of its Colu Local Network (CLN) token pre-sale. IDB Development Corporation joins Spark Capital, eToro, Aleph and former Thomson Reuters CEO Tom...
Blockchain projects listed on Cofound.it will see their tokens automatically approved for integration into Jaxx, a multi cryptocurrency and digital token wallet. A new partnership formed between the two companies is intended to support and promote "the best and most innovative projects in the blockchain space" by improving their...
Colu, a startup headquartered in Tel Aviv that develops localized digital currencies based on blockchain technology, has launched its second currency in the UK, the Local Pound, East London. The launch follows the introduction in late-2016 of the Local Pound, Liverpool, which has allowed 16,000 residents to make purchases at...
The prices of ether (ETH), Dash (DASH) and Monero (XMR), among others, have surged in the past month as investors are growing more confident of cryptocurrencies and looking for investment opportunities beyond bitcoin. Ether, the native cryptocurrency of the Ethereum network, has been amongst the most notable rallies, rising by...