Maybe it’s no surprise that new initiatives on the web-currency theme are pouring out of Great Britain.
The British pound is down and the decline of the currency is already more apparent in the UK than in other countries that depend on less independent currencies like the US Dollar or the Euro.
Alternative British projects with potential include KuberaMoney (“Banking of Trust”) and WeBank (“Can People Replace Institutions?”), an event based in London which digs into this topic:
"While in the past web-enabled innovation in the sector meant online banking and web-access to front-end customer services, there is today a growing set of organisations which remove banks and other institutions as intermediaries altogether."
A detailed announcement for the WeBank can be found at OpenBusiness. And for everyone who's interested in these topics the Nesta Connect Blog belongs in the feedreader.
Originally posted in German by Jochen Krisch, translated by Jason Soo.
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