community currencies

There is a clear, clear need for a certain kind of community web application, but so far, it hasn't been well articulated. Because the communities that need it aren't investing in web technologies, for various reason, the commercial sphere isn't addressing this need at all.

The needs this group is trying to address are in no way specific to transition towns.

Time Bank is an all-embracing and flexible package which includes a mutual credit engine, transaction forms and displays, including several views and blocks. If you viewed weaver-demo it is pretty much the exact functionality

Moved to official ideas list

The 'mint of the realm' is not the only store of wealth or medium of exchange. Community currencies facilitate trading all over the world.
Such currencies

• are resilient against recesssion and collapse
• do not favour the rich by charging interest
• belong to communities, not to banks
• prefer local goods and services over the globalised economy
• are used for economic regeneration and international development