Vitality budgets to be spent locally

The municipality of Heerlen allows employees to automatically receive a periodic vitality budget through this application, which they can spend at affiliated local retailers. This way it is not only the employee, but also the local economy that benefits. By using provisionary money, the budget can only be spent on the intended purpose and within a predetermined period of time. The municipality now knows that employees regularly participate in activities within the theme vitality. The transactions cannot be traced back to the employee, assuring employees to have the privacy they are entitled to.

VitKnip is one of several ‘Knip’-applications developed by BeeHolder. The way Blockchain technology is used, enables us to quickly develop new applications that work on the basis of conditional or earmarked money.