Kester McLennan

While local currencies more generally see such vast application and have the potential to help the lives of such diverse groups, there’s evidently a lot of questions still to be answered when it comes to the function of local currencies in slum settings.

8 years on, the Chiemgauer attracts over 600 businesses and 3000 users, turning over 5 million per year. And this is only the start. Its whopping growth of over 100% per annum means its significance is only likely to grow in the near future.