This article is more than five years old

Liverpool gets own currency built with blockchain

The UK city of Liverpool has launched its own digital currency using blockchain technology supplied by Tel-Aviv-based digital wallet provider Colu. The Liverpool Local Pound (LLP) is available through Colu’s app. Users can top it up using a credit card and will receive five free LLPs when signing up, equalling £5 (US$6). “Transactions happen at the swipe of a finger and the money is transferred between accounts immediately,” The Telegraph reports.

Next: Visit the NFCW Expo to find new suppliers and solutions