What is MonedaPAR?
MonedaPAR is a blockchain-based mutual credit system developed by WABA.network in cooperation with the Observatorio de la Riqueza Padre Arrupe (a think tank) and the Movimiento Nacional de Empresas Recuperadas (a group of recovered entreprises). It was launched in Argentina in May 2017. The platform connects a network of prosumers who exchange goods, services and knowledge in person or virtually using a cryptocurrency named PAR as means of exchange. Currently the network has a presence in 4 Argentinian cities or “nodes”: Buenos Aires, La Plata, Tandil and Mar del Plata.