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City of Akron rewards citizens for shopping locally with city coins

City of Akron rewards citizens for shopping locally with city coins

The Ohio city is working with govtech company Colu to develop a civic and community engagement platform to spur its economic recovery in the wake of the coronavirus pandemic.

Smart city app aids Tel Aviv businesses struggling in construction zone

Smart city app aids Tel Aviv businesses struggling in construction zone

Colu believes the programme’s 30 per cent revenue reversal could be a model for smart-city-based businesses caught up in municipal construction zones.

Tel Aviv launches digital city currency pilot

Tel Aviv launches digital city currency pilot

The currency aims to strengthen the local economy, help tackle the cost of living, enhance city life and increase community involvement.

Cities explore feasibility of a city-wide currency

Cities explore feasibility of a city-wide currency

Following a workshop on the use of Colu’s digital city-wide currency, two cities are expected to launch and implement such a currency in the near future.