Our Blog

1000 trades networking club
Posted on Mar 13, 2020

1000 Trades Networking Club On Thursday the 5th March we hosted our first ‘1000 Trades Networking Club’; here are some highlights from the event. It was a fantastic turnout and we are very thankful to everyone attending. It’s amazing to see how many businesses enjoy networking and want to trade more locally; that’s the kind of community we aim to build in the Jewellery Quarter. “business that enjoy networking and want to trade more locally” We wish to give credit to 1000 Trades pub who made available the venue and tapped some great craft beers.

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March Business Networking Events
Posted on Feb 28, 2020

Weekly Business Networking Events Tuesday Business for Breakfast - Two Greens Brunch Best Western Westley Hotel, 88 Westley Road, Acocks Green, B27 7UJ Tuesday 6.45am or 10am £8 Book Wednesday Alliance BNI 70 Broad Street, Birmingham, B1 2HT Wednesday 6.45am Book St.Paul BNI 14 St Paul’s Square, Birmingham, B3 1RB Wednesday 6.45am Book Business for Breakfast - Castle Bromwich Castle Bromwich Hall Hotel, Chester Road, Birmingham, B36 9DE Wednesday 7am

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Why Parity? Benfits of using this local currency
Posted on Feb 21, 2020

Why Parity? Benfits of using this local currency We acknowledge small independent businesses are the backbone of our economy and only by leveling the playing field we can let them drive local development and growth. We recognise the importance of competitiveness in the current economic fabric, but rather than advocate for more competition we support local cooperation and offer a tool that makes local trade more advantageous. Localism and entrepreneurship are two reasons why we have started Parity, but our members also have good economic reasons to use this local currency.

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

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

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

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

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

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

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. https://play.google.com/store/apps/details?id=network.parity.app https://apps.apple.com/gb/app/parity-network/id1486679582

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

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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