144 lines
8.1 KiB
HTML
144 lines
8.1 KiB
HTML
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<title>grassroots-pelican - 2020 Kenyan CICs Review</title>
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<meta name="tags" content="dex" />
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<meta name="tags" content="exchange" />
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<meta name="tags" content="liquidity" />
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<meta name="tags" content="community currency" />
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<li class="nav-item" ><a class="nav-link" href="./pages/about-us.html">about-us</a></li>
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<li class="nav-item" ><a class="nav-link" href="./pages/food-forests.html">Food Forests</a></li>
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<section id="article-content">
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<header>
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<h2 class="article-entry-title">
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<a href="./kenyancic-will.html" rel="bookmark"
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title="Permalink to 2020 Kenyan CICs Review">2020 Kenyan CICs Review</a>
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</h2>
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</header>
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<footer class="post-info">
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<time class="published" datetime="2021-02-07T00:00:00+03:00">
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Sun 07 February 2021
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</time>
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<address class="vcard-author">
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By <a class="url fn" href="./author/will-ruddick.html">Will Ruddick</a>
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</address>
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<!-- -->
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<!-- </div>-->
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<!-- -->
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<div class=" d-flex flex-wrap tags">
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<a href="./tag/dex.html">dex</a>
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<a href="./tag/exchange.html">exchange</a>
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<a href="./tag/liquidity.html">liquidity</a>
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<a href="./tag/community-currency.html">community currency</a>
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</footer><br>
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<div class="article-entry-content">
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<img alt="kenyacic-will1" class="align-center" src="images/blog/kenyancic-will1.webp" />
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<div class="section" id="brief-historical-overview">
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<h2>Brief Historical Overview</h2>
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<p>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 system better suited to eradicate poverty and the multiple indicators of deprivation targeted by the UN’s Sustainable Development Goals. After working with over a dozen communities by 2018 we began to support communities in digitizing their CCs.</p>
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</div>
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<div class="section" id="survival-mode">
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<h2>2020 Survival Mode</h2>
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<p>Starting in 2020 we embarked on the huge task of developing, refining and modularizing open source infrastructure that would enable communities to issue and manage their own Community Inclusion Currencies (CICs). CICs are blockchain contracts that enable a community to issue a digital voucher against claims of future production and create a possibility of conversion between that voucher to other similar vouchers.</p>
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</div>
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