Parity supports four local firms to transact without cash Posted on Feb 6, 2020
Businesses used Parity local currency to transact

Parity supports four local firms to transact without cash This week four businesses have used Parity to conduct transactions within our local currency. Parity is a B2B platform in Birmingham that has its own local currency. This week some of its members have had the first chance to really appreciate what Parity can do. It all started on Tuesday when Repc and Kinetic conducted their first transaction. It was supported by our broker and digital platform.

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February Business Networking Events Posted on Jan 31, 2020
A list of Birmingham business networking events in February

Business Networking Monday 3rd February MaD Midlands - Make a Difference Networking Drinks The Good Intent 32-33 Great Western Arcade Birmingham B2 5HU 5.30pm Free Book Tuesday 4th February Cereal Network - Breakfast Networking Alpha works, Alpha Tower, Suffolk Street Queensway, Birmingham, B1 1TT 7.30am - 9.30am Free Book Speed Networking - Greater Birmingham Chamber of Commerce (GBCC) Chamber House, 75 Harborne Road, Birmingham, B15 3DH 8.30am - 10.30am

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Is Parity like Bitcoin? Posted on Jan 31, 2020
Comparison between Parity and Bitcoin

Is Parity like Bitcoin? A common question we get asked when we explain what Parity is is if it is like Bitcoin. Bitcoin is the most well known crypto currency and the first to gain any traction. Parity tries to solve a different problem to Bitcoin and therefore is quite different. Bitcoin was developed by a pseudonymous person or group called Satoshi Nakamoto in 2008 to 2009. It borrowed ideas from previous projects such as Nick Szabo’s Bit Gold and Adam Back’s Hashcash as well proposing novel solutions to the problem of decentralised digital money.

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How does Parity compare with Bristol Pound? Posted on Jan 23, 2020
Comparison between Parity and Bristol Pound

How does Parity compare with Bristol Pound? We have been on a long journey of development to get to where we are today. I have personally been interested in alternative currencies for a while now. I have studied a wide range of models, from the famous Bitcoin, to Sardex, which is our main inspiration. The largest local currency in the UK is the Bristol Pound. I thought I would share some thoughts on how we differ from the UK’s leading local currency project.

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Why is Parity a tool for Local Economic Resilience? Posted on Jan 10, 2020
Learning for the experience of WIR and Sardex

Why is Parity a tool for Local Economic Resilience? A currency designed to support independent businesses and boost the local economy is not a complete novelty mainly because of the long standing experience of the WIR Bank in Switzerland. Established in 1934 by Zurich’s entrepreneurs, WIR was conceived to address the lack of liquidity and credit crunch in years of economic depression. The financial instability after 1929 made credit unavailable or very expensive, uncertainty reduced the overall consumption resulting in revenue losses; nevertheless the capacity of local businesses to produce and sell had not changed.

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Parity app available in the app stores Posted on Nov 25, 2019
Download now from the App Store or Play Store

Parity app available in the app stores Parity app is now available for both Android and iPhone. Search your app store for “Parity Network” to find it or alternatively follow the following links. You will need a to be a member of the parity network to use this app.

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Why we use FreeAgent for our accounts software plus a referral code (49mrifmj) Posted on Nov 14, 2019
Makes accounts and book keeping simple

Why we use FreeAgent for our accounts software plus a referral code (49mrifmj) Previous to my time with Parity I had owned a web design company and a software contracting company. In this field FreeAgent is very popular as online accounts software as a replacement for either Sage / Quickbooks or a mix of spreadsheets provided by an accountant. When starting Parity I knew that I wanted something similar for this business but assumed a “proper” business would need something more than FreeAgent which is really targeted to very small companies.

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Visiting the Jewellery Quarter Posted on Oct 25, 2019

Visiting the Jewellery Quarter The Jewellery Quarter is a historical neighbourhood in the north west of Birmingham city center. In the 18th and 19th century it developed as an international hub for the jewellery industry and still nowadays it produces almost half of the jewellery made in the UK. Nevertheless, in the last decades this area of Birmingham has experienced a change. It has become residential area and home for many local and independent businesses.

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Jewellery Quarter Pubs Posted on Oct 16, 2019

Jewellery Quarter Pubs 8 places to discover in the Jewellery Quarter Being part of the jewellery Quarter community has been great and we have quickly learnt that the Jewellery Quarter in Birmingham is a vibrant neighbourhood. In the morning people come here to work while In the evening - probably even from the afternoon -, people reach the Jewellery Quarter to enjoy nice food, a pint and, why not, some live music.

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Ten things you must know about Parity Posted on Sep 25, 2019

Ten things you must know about Parity 1. What is Parity? Parity is a network for independent businesses in the Jewellery Quarter with its own local currency. Our digital platform facilitate networking and allows members to promote their business, connect with new local customers and increase revenue. Members can also benefit from using a local currency, called Parity, and accessing an interest free credit line to support cash flow and purchase expenses.

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