DigitalTown group launches new ecosystem tech to sustain London's independent future

DigitalTown Inc, a provider of people-centric Solutions for Smart Cities, has announced the launch of Smart.London.

It is said to be a ‘cooperative ecosystem’, where residents and visitors can improve their quality of life in London as they search, connect, share and shop locally, transacting directly with local merchants.

With the introduction of Smart.London, residents have their very own Google, Expedia, AirBnB, OpenTable, PayPal and Bitcoin, all in one, accessible 24/7 via the Smart.London web portal.

Furthermore, Smart.London can be owned by Londoners through the distribution and sale of CityShares, a blockchain-based solution for shared ownership of city cooperatives.

Starting today (February 6), residents can claim their free CityShares - ownership stakes of the Smart.London city platform.

The free CityShares are limited to 10 shares for each legal resident of the Greater London area, last estimated at 8,869,898 as of June 30, 2016. Unclaimed CityShares are also available for purchase while they last.

Rob Monster, CEO of DigitalTown, explained: “AirBnB and Uber have shown the world the power of the sharing economy to tap the productive capacity of individual citizens in a community.

“Blockchain, and in particular Bitcoin, has shown the world the power of distributed ledgers as an efficient medium of exchange. With Smart.London, we are making it easier than ever for residents and visitors to search local, shop local and think local.”

To claim a CityShare in Smart.London, residents of the Greater London area should visit Smart.London, click on “CityShares”, and complete the free claim. To find out more about DigitalTown, visit DigitalTown.com or download the DigitalTown Smart City App on iOS or Android.

Smart.London is a service of DigitalTown, which powers Smart Cities to succeed in the modern age.

The company provides turnkey hosted solutions to power ‘digital towns’, helping residents and visitors through locally owned solutions for economic development, civic engagement and digital inclusion for cities around the world.