Grassroots Currency

Grassroots currencies are digital payment systems designed to foster independent local economies by transforming mutual trust into liquidity, bypassing reliance on global financial institutions or cryptocurrencies. Current research focuses on developing secure and efficient payment protocols, often utilizing novel data structures like blocklaces (a DAG-like alternative to blockchain) to manage transactions and ensure the grassroots nature of the currency. This research area is significant for its potential to empower marginalized communities by providing access to financial tools and facilitating the development of localized digital economies.