Virtual currencies to support local businesses

Israeli startup Colu’s digital wallet allows customers to pay local businesses instantly in a virtual currency (e.g. Liverpool local pound) from their smartphone. Starting with Tel Aviv, Haifa, London, Liverpool and Barbados, Colu has instigated a true “peer-to-peer” economy.

http://jewishbusinessnews.com/2016/06/23/israeli-blockchain-startup-colu-raises-9-6-million-to-promote-bitcoin-based-local-currencies/

https://www.colu.com/ https://www.fastcompany.com/company/colu

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