ARTIS ECO
  • Welcome to ARTIS ECO
  • About ARTIS ECO
    • Features
    • Roadmap
    • Sovereign OS
      • Digital Wallet - Minerva
      • Sovereign ID Layer
        • DID Registration
        • Verifiable Credential Management
        • Transaction Relayer
      • Decentralized Storage Layer
        • IPFS
        • SWARM
    • Use Cases
      • Energy Communities & P2P Trading
      • Asset Tokenization
      • Data Marketplace
      • Community Currencies
      • Physical Internet Platform
      • Multimodal Traveling Platform
      • Satellite Monitored Carbon Sequestration
    • Comparisons
      • ARTIS 2.0
      • xDai Chain
    • R&D
      • Honey Badger BFT - Testing (SonnWende+ Project)
      • ARTIS Energy Efficiency
    • Wallets
  • ARTIS 2.0 - Transition
    • ARTIS 2.0 - Transition Overview
    • Step 1: Transition Bridge
    • Step 2: Launch Contract
    • Step 3: Gnosis Auction
    • Step 4: Honeyswap Listing
    • Step 5: ARTIS ∑2 Genesis
  • ARTIS 2.0 (Whitepaper)
    • Introduction
    • Challenges & Solutions
      • Real-Time
      • Efficient
      • Sovereign
      • Effortless
    • Markets
    • ARTIS DAO
    • Exchange Listing
    • Liquidity & Staking
    • Competition
    • Tokenomics
    • Conclusion
  • Archive
    • Education Package
    • Tools
      • Explorers
      • ARTIS <> Ethereum Bridges
      • ARTIS <> xDai Chain Bridge
      • Governance DApps
      • ARTIS NFC Demo App
      • tATS Faucet
    • Getting ATS coins
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  1. About ARTIS ECO
  2. Use Cases

Community Currencies

Energy is the new currency.

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Last updated 4 years ago

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In more and more communities there is a growing awareness that we can only increase our standard of living if essential things in life - such as energy and food - are also produced and consumed locally.

While local markets for food have been on the rise for decades, independent energy production is still in its infancy. However, this is changing very quickly, especially because of solar and wind energy, and is opening up the market for regional currencies based on energy.

The ARTIS Ecosystem provides everything needed for community currencies - identity and token management. Furthermore, with bridges to and it can tap into all the available decentralized financial markets (e.g. ).

Community currencies are acting in a similar way. They keep purchasing power in the region and help to build and rebuild local economies. In times of COVID-19 this will be more urgently needed than ever.

The simplest analogy to these new types of community currencies is the well known system, which let's you not just buy flights but also pay for many goods and services within that system.

A typical application is, for example, payment for charging an electric car, as demonstrated at :

Miles-and-More
Mission Innovation Austria Week
xDai Chain
Ethereum
Honeyswap