SoNantes is a fully-electronic system that combines elements of both Retail and B2B currencies. Launched in spring 2015 in Nantes, France, the currency runs alongside the euro and seeks to stimulate economic development in the local area.
Developed as part of the CCIA project, SoNantes allows both B2B and B2C transactions. Local businesses can exchange goods and services with each other using the currency. Similarly, citizens have access to a great variety of goods and services from local retailers, service providers and cafes. This enables both businesses and consumers to save on their euro expenditures and help strengthen the local economy.
Qoin has developed the infrastructure for the electronic version of SoNantes.