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"The Town Hall of Barcelona has recently announced working on the design of a local digital currency that will be used by local businesses with the aim of stimulating commercial activity in the city.One of the motives underlying the new scheme is enabling purchases to be made via digital wallets and mobile devices, thus reducing the costs associated with producing physical money. The digital currency will be convertible into euros at any time.The government considers that the purpose of the digital currency is to boost independent small and medium-sized businesses in Barcelona*and prevent money being spent outside of the municipality. Businesses that sign up will accept payments for goods and services online or through a mobile device. Besides, municipal workers may receive part of their salary in digital currency if they desire."
"The Town Hall of Barcelona has recently announced working on the design of a local digital currency that will be used by local businesses with the aim of stimulating commercial activity in the city.One of the motives underlying the new scheme is enabling purchases to be made via digital wallets and mobile devices, thus reducing the costs associated with producing physical money. The digital currency will be convertible into euros at any time.The government considers that the purpose of the digital currency is to boost independent small and medium-sized businesses in Barcelona*and prevent money being spent outside of the municipality. Businesses that sign up will accept payments for goods and services online or through a mobile device. Besides, municipal workers may receive part of their salary in digital currency if they desire."
[text] Barcelona Will Launch Digital Currency to Stimulate Local Business – CoinSpeaker
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