Tandon in the News

More Than A Coin: The Rise Of Civic Cryptocurrency


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.

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