Independence Powered by the Sun: A Nigerian Community’s Journey into Blockchain and Self-Reliance

A new community in Zaria, Nigeria is preparing to launch their own community currency on Encointer Network. What makes this initiative stand out besides the currency itself, is the independent IT infrastructure they are building to support it. Their efforts benefit not only their community but also the global blockchain ecosystem, as they take strides […]
Fractional Reserve Community Currencies

A New Instrument for Effective Development Aid In emerging economies, the lack of disposable income is a real obstacle to economic growth. Adding evenly distributed currency in a local setting can tackle this problem. Especially, if the supply and usage of said currency is governed democratically. The Encointer Association has tackled this opportunity in the […]
Grassroots Democracy for Local Communities

Encointer is a decentralized digital platform that empowers local communities to issue their own currencies and manage common funds. But who is actually in charge? Who can make changes to the configuration of monetary policy or the geographical boundaries of the community? In contrast to most other community currencies, Encointer operates without a central entity […]