More Than A Coin: The Rise Of Civic Cryptocurrency
- Beth Simone Noveck for Forbes
- March 27, 2018
- Source: https://www.forbes.com/sites/bethsimonenoveck/2018/03/27/more-than-a-coin-the-rise-of-civic-cryptocurrency/#2572a7e36b68
By Beth Simone Noveck, director of the GovLab and a professor in the department of Technology Culture and Society at the NYU Tandon School of Engineering.
… While most of the 1,300+ actively traded cryptocurrencies are designed to generate profit, there is an exciting new entrant into the crypto- and alternative currency creation space: cities. From Bristol to Barcelona, cities around the globe are leading a revolution in the creation of complementary “civic currencies” -- some digital, some physical -- designed to promote local economic development, foster active citizenship, and invest in sustainability while building a sense of community cohesion.