How can we create digital local currencies that will stand the test of time?

Encointer Blog - How can we create digital local currencies that will stand the test of time

Before we start for real, it is worth getting real user feedback on the overall user experience of Encointer. This post will summarize our field test experiences so far. We chose Supercomputing Systems offices as a testing ground with over 100 potential testers and two well-frequented kitchens with consumables.

How grassroots initiatives can empower local communities in economic crisis

Encointer Blog_How grassroots initiatives can empower local communities in economic crisis

Before we start for real, it is worth getting real user feedback on the overall user experience of Encointer. This post will summarize our field test experiences so far. We chose Supercomputing Systems offices as a testing ground with over 100 potential testers and two well-frequented kitchens with consumables.

How local currencies support communities around the world

Encointer Blog_How local currencies support communities around the world

Before we start for real, it is worth getting real user feedback on the overall user experience of Encointer. This post will summarize our field test experiences so far. We chose Supercomputing Systems offices as a testing ground with over 100 potential testers and two well-frequented kitchens with consumables.

Impressions from the Pre-Launch Community Zurich

Before we start for real, it is worth getting real user feedback on the overall user experience of Encointer. This post will summarize our field test experiences so far. We chose Supercomputing Systems offices as a testing ground with over 100 potential testers and two well-frequented kitchens with consumables.

Research update

Quite a bit of research has been happening in the recent months. This post will summarize and comment on the findings. Economics A FHNW bachelor thesis about Encointer asking: “Can complementary local currencies with universal basic income reduce inequality?” has been authored by Shayma Lamsallak and was supervised by Prof. Mathias Binswanger. Shayma revisits the literature on […]

How Encointer Can Make Web3 Truly Inclusive

This article first appeared on the Polkadot blog The potential of Web3 extends well beyond reshaping finance in the developed world — it can also be used to foster greater financial inclusion in developing regions and new forms of democratic decision-making. But to allow for greater adoption, the fees to access Web3 services must be linked […]

Encointer About to Launch on Kusama and Bootstrap First Community

If you have been following the Encointer Project, you may have noticed that communications fell silent for a while. Unfortunately, as Encointer requires physical meetups with random people, the COVID-19 pandemic caused delays. However, we kept making progress nevertheless and now that restrictions have eased somewhat, we would like to share some big news with […]

Development Update

Encointer Testnet Gesell had suffered from a variety of little issues that were caused by an outdated dependency on substrate. Yesterday, Gesell has been restarted with its code based on substrate 2.0.0. Our new release 0.3.6 has been successfully tested with a community of 12’000 bot participants claiming an UBI and performing ceremony meetups at 1’000 locations. We do aim higher, […]

First Encointer Ceremony

On July 7th the first local currency was bootstrapped in Zurich by holding a key-signing meetup with our new mobile app (to be released soon)

Community Currencies NOW

Short intro to encointer and other community currencies projects duniter.org and grassrootseconomics.org, hosted by commonsstack.org https://www.youtube.com/watch?v=mVVKjyxZ0lE&t=1980s

Towards a Decentralized Global Universal Basic Income

In this post I’d like to explain how local cryptocurrencies can make a global unconditional basic income happen and how Encointer solves the technical and economical challenges involved. Finally, I’ll give you a brief overview on what you can already do with our recently launched testnet Gesell today. A few years ago I was traveling in Western Africa. Strolling […]

Testnet Cantillon gets supported by web3 foundation

We are excited to announce the upcoming first Encointer testnet called “Cantillon”. It is named after Richard Cantillon, the economist who first described the effect of monetary expansion on inequality around the year 1730. For the development of this first testnet, Encointer got a grant from the web3 foundation. By mid-2020 this testnet shall go live […]

Talking about encointer at relaychain.fm podcast

Listen to Alain and Joe discussing the key concepts of encointer and its privacy solution SubstraTEE https://relaychain.fm/13-designing-universal-basic-income A few conceptual details have been reworked since this podcast has been recorded (see the newest version of the whitepaper) Meetup locations are predetermined for each local currency by the initiators of the currency. This way each community […]

Encointer as a development aid multiplier

Today, development aid gets diluted by administration, advertisement and corruption before it reaches its target, the individuals. Encointer provides a direct and egalitarian distribution channel from donors to individuals. Moreover, it potentially multiplies the economic impact of donations for the same reasons why fractional reserve banking works. Encointer aims to provide every human with a digital proof of personhood and a basic […]