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Colu

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Decentralized payment system for local communities

About

Colu is developing technology to enable programmers to access colored coins and Bitcoin 2.0 infrastructure through an application program interface that will enable new distributed applications. Basically Colu is creating a meta-data layer on top of the basic bitcoin transaction, which just records volumes or amounts of bitcoin exchanged. Using Colu, application developers can add Blockchain-based approvals to any transaction enabling them to exchange more than just a virtual currency, but real world objects like keys, tickets, titles and deeds, or anything else.

Key facts

Founded
2014
Headquarters
Tel Aviv, Israel
Tags
  • Banking and Financial Services
  • Blockchain
  • Crypto

Business model

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Colu: quick answers

What does Colu do?
Colu is developing technology to enable programmers to access colored coins and Bitcoin 2.0 infrastructure through an application program interface that will enable new distributed applications.
Where is Colu headquartered?
Colu is headquartered in Tel Aviv, Israel.
When was Colu founded?
Colu was founded in 2014.
Which sector is Colu in?
Colu operates in Decentralized Finance, part of Financial Technology.
Who are Colu's competitors?
Companies similar to Colu include Terra, BCB Group, and Stellar.