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Norway's first private city adopts City Coin

Liberstad, Norway’s first private city, has adopted City Coin as its official currency. City Coin is a secure and innovative cryptocurrency based on City Chain, a smart city platform that enables the design, implementation and use of next-generation services for smart cities and their inhabitants. The platform gives existing and emerging cities like Liberstad the opportunity to build and offer services conducted on a private, internal and voluntary basis. The autonomous city, located in southern Norway, is said to be being built with “efficiency, transparency and community in mind”. Using blockchain as its basis, City Chain said it has created a smart city platform that hosts a suite of features for emerging cities like Liberstad. While the broader features of City Hub are under development by the City Chain Foundation, the platform’s native currency, City Coin, is tradeable and functional today. - SmartCitiesWorld -

 

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