SEATTLE, July 12, 2018 (GLOBE NEWSWIRE) — DigitalTown (OTC:DGTW) – with its blockchain-based technology for local-first ecommerce and community – has rebranded, launched a new website and published new mobile applications to equip municipalities and communities with the tools required to co-create more resilient and equitable local economies.
The DigitalTown turnkey solution of ‘a digital city in a box’ makes it easy and convenient for cities to get online without investing in expensive custom systems. With DigitalTown, merchants are eligible for a free online storefront. Residents and visitors receive a SmartWallet for carrying out transactions. In addition, upon registration, residents receive 10 free blockchain-based CityShares in their city and have access to Community Tools for sharing and distribution of local interest content, discussions, news, events and projects.
DigitalTown CEO, Rob Monster, says: “DigitalTown is the leading Internet of People platform. We put people at the heart of the Smart City movement with our decentralized web and mobile applications. DigitalTown connects local merchants with residents and visitors and provides everyone with a free SmartWallet for low-cost, frictionless transactions in both conventional and cryptocurrencies. Our free community tools encourage and reward active participation in a local community that benefits everyone.”
DigitalTown Chief Brand Officer, Karen Floyd, comments: “The rebrand comes at a very exciting time for the DigitalTown movement. As interest from investors, municipalities, Community Leaders, co-ops, NGOs and especially youth groups is accelerating, the DigitalTown brand needed to better reflect the movement’s core value of empowering co-creation of thriving local economies and communities around the world in a bold and appealing manner. The ‘Be local. Everywhere.’ slogan lets you know that DigitalTown is the solution to support local economies and communities wherever you happen to be in the world. The logo shows a dot in the center symbolizing the world, community, wholeness, unity, town or city center, a hub, meeting point, the place to be. The D is strong yet yielding and supports the global community.”
Rob Monster adds: “DigitalTown advocates the UN Sustainable Development Goals (SDGs), particularly through an emphasis on Digital Identity and Economic Inclusion. With DigitalTown, users retain ownership of their data and control who knows what about them and for how long. In some cases, our free SmartWallet can be accessed by those who cannot participate in the mainstream banking system. Our solution is inclusive of all.”
“DigitalTown grants municipalities the opportunity to take control of their locality and fund projects via revenue rather than taxes. Citizens can claim a stake in their town or city with the CityShares and have a say in the direction the platform takes in their community. DigitalTown provides the tools for communities to take control of their economic future in the Digital Age,” concludes Rob Monster.
Visitors to the new DigitalTown website will find a host of new materials, designed to facilitate the adoption of DigitalTown in any community, whether from the top down via municipality licensing or from the grass roots level via residents and visitors. The DigitalTown mobile apps grant users the ability to manage their digital identity, pay merchants, send funds to other SmartWallet holders and engage in community tools, as well as discover the area where they happen to be.
The DigitalTown solution is currently being adopted by towns and cities around the world including Central Texas, Florida, India, the UK and Asia.
For more information, www.digitaltown.com
DigitalTown, Inc. (DGTW) powers Smart Cities to succeed in the Digital Age. It provides turn-key hosted solutions to power “Digital Towns”, which improve Quality of Life for residents and visitors through locally owned solutions for economic development, civic engagement and digital inclusion for cities around the world. You can download the DigitalTown App from the App Store, or visit one of our many city sites such as Austin.City to get a feel for how DigitalTown is creating value for cities around the world.
Rob Monster, Chief Executive Officer
Karen Floyd, Chief Brand Officer
+34 692 336 787 firstname.lastname@example.org
Disclaimer – Forward Looking Statement
Safe Harbor Language: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.