20 Dec 2012

Cyclos : The future for currency systems?

One of the many things I learned from reading "People Money" is that there are already groups that are working on the technology needed to implement alternative currencies.

An organisation called The Social Trade Organisation (STRO) has developed open source and free software that can be used for running alternative currencies. It's called Cyclos.

It looks really good. I've downloaded the iPhone App that allows users to make payments to other users using the system. You can have multiple accounts using different exchange systems - as illustrated in this screen shots.

You can also make payments using Text messages using any mobile phone, and they are working on systems that would allow the use of POS (point of sale) terminals and payment cards. The software is very configurable, and can be used for a wide range of different sytems - local currencies, eCommerce, Complementary currencies, LETS, Time Banks, Commerce and consumer circuits (C3), and barter schemes.

Brilliant. The only problem is that the list of systems that are using Cyclos only includes one group in France - and that link doesn't work.

So, if anyone knows of any systems that make use of Cyclos, that I can use, do let me know.

In the meantime, I am very happy to have learned that much of the infrastructure needed to get a system like the N-Euro off the ground has already been done.

1 comment:

  1. https://web.archive.org/web/20140209100535/http://www.cyclos.org/cyclos-users