Articles by Will Ruddick

  1. Red Cross brings Community Currency to Kisauni

    Below are a compilation of Community Inclusion Currency (CIC) user stories from Grassroots Economics Field Support Engineers (Emmanuel Mbui, Amina Godana, Janet Akinyi and Joyce Kamau) supporting and working with Red Cross volunteers and community groups. Implementation with Red Cross volunteers led by Bahero Mohamed through door to door awareness …

  2. 2020 Kenyan CICs Review

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    Brief Historical Overview

    Starting in 2010 Grassroots Economics worked with local communities to issue vouchers aka Community Currencies (CCs) as a medium of exchange with the belief that CCs could enable communities to develop a source of local credit based on productive capacity and local values, while creating a monetary …

  3. Youth Employment via Elderly/Vulnerable Support

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    Using a basic income (Sarafu in Kenya) youth can support their elderly and vulnerable by giving them their Sarafu. Then those elderly/vulnerable in turn spend it with other youth run businesses, who could in turn give it to their elderly/vulnerable - who could, in turn, spend it on other …

  4. Municipal Basic Income(MBI) via CIC

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    A municipality, town or local administration is an ideal issuer and anchor for a basic/guaranteed income because the have the means to back it and the intention to build sustainable and thriving local markets– Such a Municipal Basic Income (MBI) can in turn act as a growth medium and …

  5. Static vs Bonded Liquidity Pools for CICs

    As communities create their Community Inclusion Currencies as a credit against their future production, projects and excess capacity, Grassroots Economics is looking at various ways to connect these tokens together and as well to other networks. Below I'll describe and contrast two approaches, namely a Fixed vs Algorithmic Rate liquidity …

  6. Community Currencies and DEX Multitudes

    Decentralized Exchange (DEX) Contracts contain multitudes. There are nearly infinite ways to use them to connect blockchain contracts (like Community Inclusion Currencies) for different use cases. Using them opens us up decentralized network topologies that we would never have dreamed of with old fashion stock exchanges and other financial instruments …