Local Currencies 6.x-1.4

Local Currencies (Complementary currencies) is an all-embracing and flexible package which includes a mutual credit engine, transaction forms and displays, including several views and blocks. It can be used as a digital back end for paper money projects, or to run an entire LETS or Timebank. With a little tweaking, it can manage currencies conforming to a wide range of designs.If you've looked at Cyclos and CES, then this module will do most of the work of either of those.Community Forge & other examplesThere is a non-profit organisation offering free hosted community sites, using this module. Also see:Madison hoursRichmond hoursFernieRoadmapWe know there is demand for the following, but demands far exceed resources at presentVersion 6.x-2.0 (underway)The transactions module is being broken up into three main parts 1. the api will incorporate transactions as nodes and multiple currencies 2. forms have been done properly, with AJAX and improved mass payments 3. UI will provide account display information. Stats and notification will also be in separate modules. 4. Intertrading via CES 5. other features such as stats & notification will be in separate modulesVersion 7.x-2.0As soon as resources, allow, another rewrite will be needed to take advantage of Drupal 7's entitites. Ideally this would happen before implementing the following features. * Mutual guarantor system * SMS integration# Tax/tithe and demurrage toolsFuture * detachment of users and accounts, allowing non-user accounts, and shared accounts * Offers and wants as transaction templates? * Mutual Credit banking APIFeatures * customisable themable transaction form * offers/wants directory (do compare with classified ads) * global/personal min/max balance limits * mass payments * visualisation & stats * email notification * transaction api * all fields exposed to viewsTime Banks, LETS, barterCommunity currency projects should find that this module works almost out of the box, but if you have no resources to commit to properly customising such a web site, you should think carefully about whether you have the resources to nurture a new economy. This is not a shop, a cart, or an ecommerce system, but a mutual credit system which tracks credit extended between users, though it will meet more business-like objectives in time, for example, there is an experimental ubercart payment method.Contrast with userpoints in which points are awarded to users for their online activity.Hours module is much simpler than mutual_credit.Warning about GovernanceComplementary currencies historically have a very high failure rate. Web tools are no substitute for proper governance and community buy-in. You should be seeking advice from experienced professionals if you don't want to let down people in your community, and the wider movement. Please check out Value for People's Community Currency starter pack.

Requirements:	No special requirements
Platforms:	PHP
Keyword:	Community,  Credit,  Currencies,  Experimental,  Methodcontrast,  Module,  Mutual,  Payment,  Projects,  Resources,  System,  Transaction,  Ubercart,  Userpoints,  Users
Users rating:	0/10