Marbella tourist hot spot launches native cryptocurrency


Spanish tourist hot spot Marbella is introducing its cryptocurrency, with the ongoing promotion of the Blockchain Cultural Association of Marbella.

The cryptocurrency will be launched on MarbellaChain, which is described as "an open platform of smart governance designed to maximize the development of blockchain technology, its relationship with cryptocurrencies, the world of smart contracts and decentralized apps within Smart Cities ".

The platform will host a series of dApps on the blockchain, some of which will be used to store data to work together with intelligent contract mechanisms.

MarbellaCoin will be used as a "fuel" for the blockchain. It will also be used to pay "the computational resources needed to run decentralized applications and Smart Contracts in this blockchain".

The ultimate goal of the project is to help streamline processes for sellers, citizens and tourists in Marbella. The technology of the smart contract will eventually work in tandem with the vision of Marbella of an "intelligent city", which "will adapt new ways of making decisions for the local government", as well as speed up the process for people who want to get the citizenship.

The implementation of a blockchain project in a popular tourist destination like Marbella is a fairly important step for the ecosystem. The adoption of tourist hubs will not only help guide blockchain knowledge, but will also demonstrate a key use case of how blockchain technology can integrate into people's daily routines, potentially fast tracking processes such as requests of citizenship or government decisions.

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