The Potteries Pound: A Community-Driven Digital Currency

A digital innovation that takes the principles of time-banking forward, as one part of the Stoke Model.

Author: #bekind Community Benefit Society

The Potteries Pound is an innovative approach that takes time-banking principles into the digital age and offers a whole new set of potential benefits for people and communities. Today our society is warped by a failure to value of people's many voluntary contributions and to over-value economic exchanges that have dubious or negative value. This work puts social innovation in Stoke on the map.

“The Potteries Pound is an innovative digital currency initiative designed to foster community engagement, reward volunteerism and incentivise socially beneficial action in the Stoke-on-Trent/Staffordshire area. Based on time banking principles and utilizing Centralized Ledger-Backed PIMS Technology, this currency aims to create a more inclusive and sustainable local economy.

“The Potteries Pound is intricately connected to the Stoke Model, an economic strategy developed by the #bekind Community Benefit Society. This model is designed to address the systemic economic challenges faced by the region, offering a viable alternative to mainstream economic practices that have left many communities behind. The Potteries Pound supports this broader vision by creating tangible value from social contributions, promoting local spending, and building a resilient community economy.

“This white paper provides a comprehensive overview of the Potteries Pound, detailing its conceptual foundation, technical implementation, community integration, economic impact, governance structure, and future development plans.”

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The publisher is #bekind Community Benefit Society. The Potteries Pound: A Community-Driven Digital Currency © #bekind Community Benefit Society 2024.

Documents

Paper | 01.11.24

Basic Income, community, local government, nature & economics, Neighbourhood Care, Neighbourhood Democracy, tax and benefits, England, Paper

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