Making systematic digital currency assets on the Blockchain chain #Colu #Decentralized2018

Imagine, if you are a tourist who spends a weekend vacation with family in an area that receives local currency, enters the store and pays to the merchant, only uses a smartphone without the need for a credit card or cash. Isn't this a safe and comfortable step for you, without the need to think about losing money while traveling.

This technology is open source. Enabling others to participate in the economy including helping the local economy develop. COLU and the small currency he will make, may not be able to defeat the popularity of Bitcoin. Startup COLU can help you create digital currency assets that are systematic on the Blockchain chain. And this really helps local traders who want their business to grow and make their unique coins easily, so that their local area has coins that can be used by buyers.

What is COLU

Colu is a digital wallet application whose purpose is to localize #cryptocurrency use in local community businesses. Through the COLU application, people in certain regions can form their own unique coins and use them as local micro currencies. These micro currencies can then be spent easily through applications in participating local businesses. So the buyer or seller can receive the details of the payment transaction on the #Blockchain that is encrypted. Transactions can also be scanned using Barcode. So that it is easily stored on a Smartphone, laptop or directly transferred to anyone without being charged.

COLU was founded in 2014, with 10,000 developers using this money-generating tool. As well as providing details of transactions without third parties. From 2014-2016, COLU has received funding of more than $ 27 billion. This is good for local businesses and will help strengthen local communities.

After you download the COLU application, they will also help you create an attractive business profile in the COLU application and notify others. That you receive payments in local currency, and they will also release weekly news about their business and your local business will be displayed on their social media channels. They will also attend the #Decentralized2018 event which will take place November 14-16 2018 at Divani Caravel, Athens, Greece. "This world class summit will feature more than 70 speakers and 1,000+ participants from more than 50 countries, exchanging knowledge and ideas about innovative business and the political implications of blockchain technology". Mark Smargon will be a speaker of the COLU currency community, about the "Colu Community currencies as the engine driving city growth"

Mr. Mark Smargon is one of the founders of COLU

Mark Smargon "After your account is set up, you can start accepting payments. Yes, it's easy and fast. Only minutes from installation for active use. If only everything in life is easy. Our comprehensive yet easy-to-use suite of business tools allows you to track all your transactions, make payments in local currency and recognize your customers by name even when you've never met before! Become a local star. Attract more customers and get secure free payments. Support your city and help build a stronger local economy"

COLU Team

Currently they have local communities in LONDON, LIVERPOOL, TEL AVIV, and HAIFA.This is one way to help increase the growth of local businesses in your city and help economic growth in your community.

Project Website

Twitter

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Github

Disclaimer

This shall not be taken as financial advice. I am not a financial advisor and none of your investing should be carried out based on any information presented here. You can lose all of your money investing in crypto currencies. The information above is for educational and entertainment purposes only.

Links to include

Website: https://www.decentralized.com/
Speakers: https://www.decentralized.com/speakers-2018/
University Of Niscosia: https://www.unic.ac.cy/
Sponsors: https://www.decentralized.com/sponsors2018/
Press Releases: https://www.decentralized.com/blog/category/press/
Buy Tickets: https://www.decentralized.com/conference/register/

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