Laura Sharman 10 May 2019

Council to launch UK's first city-wide digital currency

Belfast City Council has announced plans to launch the UK's first incentive-based digital currency.

Belfast Coin, developed by tech company Colu, will be accepted as payment at local businesses across the city.

It will operate as a rewards platform and will be deployed to boost the city economy and help meet environmental goals.

Belfast Lord Mayor, Cllr Deirdre Hargey, said: 'Belfast Coin will be introduced later this year and it’s our hope that it will initially give an economic boost to local businesses, as well as helping council achieve other long-term goals, including environmental.

'This challenge gives us the opportunity to explore how a city currency can bring residents, businesses and city partners together to support inclusive growth - a key priority within our Belfast Agenda.'

The council had the opportunity to develop the currency as part of its participation in 100 Resilient Cities.

SIGN UP
For your free daily news bulletin
Highways jobs

Director of Adult Social Services

Blackpool Council
Up to £135,000
Blackpool is a town with pride, ambition and a powerful sense of place. Blackpool, Lancashire
Recuriter: Blackpool Council

Head of Service, Quality & Performance

Lancashire County Council
£77,833 - £85,119 per annum
We’re looking for leaders who are collaborative, innovative and committed to improving outcomes for Lancashire’s residents. Lancashire
Recuriter: Lancashire County Council

Head of Service, Operations

Lancashire County Council
£77,833 - £85,119 per annum
We’re looking for leaders who are collaborative, innovative and committed to improving outcomes for Lancashire’s residents. Lancashire
Recuriter: Lancashire County Council

Service Directors

Plymouth City Council
£87,744 - £121,996
Plymouth is on the brink of something extraordinary. Plymouth, Devon
Recuriter: Plymouth City Council

Service Directors

Plymouth City Council
£87,744 - £121,996
Plymouth is on the brink of something extraordinary. Plymouth, Devon
Recuriter: Plymouth City Council
Linkedin Banner