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Cloughpenny A virtual currency for Cloughjordan eco-village Rónán Kennedy, School of Law, National University of Ireland Galway

Cloughpenny overview

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Page 1: Cloughpenny overview

CloughpennyA virtual currency for Cloughjordan eco-village

Rónán Kennedy, School of Law, National University of Ireland Galway

Page 2: Cloughpenny overview

Cloughpenny Project

Using blockchain technology to create proof-of-concept virtual local currency for eco-village

Disseminate information via academic workshop and academic article

Connect eco-village to wider network of researchers

Page 3: Cloughpenny overview

What is ‘Blockchain’?

Distributed online virtual ledger

In theory:TransparentSecureLow transaction cost

In practice: ?

Page 4: Cloughpenny overview

TimescaleWorkshops April to May

Implementation and testing June to September

Public workshop Friday 28 October