Open money is a means of exchange freely available to all. Any community, any association - indeed, any body - can have their own money. Open money is synonymous with LETS - an invitation to come inside and play, as in open door and open house; collaboration as in open hand and open for all; attitude as in open mind. The purpose of the open money project is to bring together and organize the people and resources necessary for the development and propagation of open money everywhere. The open money project remains a work in progress - a continuation of almost 25 years of LETSystem and community currencies development all over the world, two community way projects in Canada using smart cards, the Japan open money project, and, most recently, a community currencies services provider - ccsp.
Related: P2P Lending