The reserve behind these tokens, the actual aid funding, was about $2.5k USD).This means that $2,500 USD of Aid funds created 10,000 tokens
By Will Ruddick
Enabling Leverage
By exploring this space and enabling leverage we can open the door to truly decentralized financial services. If credit can be safely issued
By Will Ruddick
Banking on the SILC Road
Rarely in development work do you see an intervention that sprouts its own two legs and starts running across the country without donor fund
By Paulina June
The people behind the transactions: a peek into the data of Kenya's most active Community Currency
Sarafu stands at the fore-front of digital community currencies offering novel ways to learn about the inner workings of local exchange system
Red Cross' Impact Continues Post Cash
"Community Currencies have enabled food insecure communities to sustainably feed themselves post Red Cross support" - Mwanamuna Sw
Looking Back at 40,000 Blockchain Transactions
So far, after roughly 6 months of piloting we've witnessed 40,000 blockchain transactions! So what does that actually mean?
By Will Ruddick
Refugee Inclusive Community Currencies (RICCs)
Responding to Refugee Crisis This is the current and biggest humanitarian global crisis in our lifetimes and we all need to play a part....
When a woman saves the community wins
Community-based savings and loans are often what keep under-resourced economies afloat. In Kenya, these savings groups or chamas, as they are locally known, are an important source of funds in times of scarcity. We zone in on some of the women who use Sarafu to show how the community currency …
By Will Ruddick
Shrimp Fishing Builds an Economy
Fishermen pay for their children's school fees by selling shrimp to a cooperative with a freezer for storage. Women buy the shrimp and cook
Community Currencies: Cash Transfer 2.0
A few decades ago, the idea of giving money to poor people instead of food packages and healthcare was almost scandalous. Free money?...
