U.K. City’s Cryptocoin Offers Exchangeable Token For Volunteer Work

U.K. City’s Cryptocoin Offers Exchangeable Token For Volunteer Work

Will the blockchain really empower the disadvantaged as some of its advocates claim? If Lisa Bovill and Dave Shepherdson have anything to say about it, it will, according to The Guardian, based in London, U.K. Bovill, a public servant who specializes in welfare rights, and Shepherdson, a colleague, are trying to implement a new type of quantitative easing that will benefit the disadvantaged using a cryptocoin called HullCoin that rewards volunteers for their efforts. The Guardian featured the HullCoin initiative in the economically depressed city of Hull as part of the newspaper’s....


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