Berkeley

The city of Berkeley, California, plans on issuing municipal microbonds based on blockchain technology. The Microbond Initiative is focusing on issuing bonds which are pocket-friendly – minimum of $25 – so that members of the community could directly invest in feasible public projects. The initiative is expected to proceed through a request for data that will invite the sector to bring forth qualified applications.

The city of Berkeley, California, is planning to create its own cryptocurrency and launch an ICO to gain financing for the city’s vital needs.