Colu is dedicated to making cities thrive, using everyday interactions to drive social and economic progress. Our app encourages local payments, while rewarding positive actions with City Currency. Powered by blockchain technology, Colu connects people, businesses and city institutions. Already operating in 4 cities, Colu generates shared prosperity to benefit everyone.
Colu is dedicated to making cities thrive, using everyday interactions to drive social and economic progress. Our app encourages local payments, while rewarding positive actions with City Currency. Powered by blockchain technology, Colu connects people, businesses and city institutions. Already operating in 4 cities, Colu generates shared prosperity to benefit everyone.
After raising $12 million from top investors, the blockchain startup is now looking to collect $50 million in a crowdsale launching next month.
The Colu team decided to open source the code as it wants to encourage more developers to work on Colored Coins.
Deloitte insists that if properly applied, blockchain has potential to enhance financial services.