The OpenAlcohol initiative is an open source effort to design and develop a distribution network and method of exchangeable credits to be backed by small scale and independantly produced ethanol. These credits will function as a local currency and subscription share in a CSE similar to that of a CSA. The redeemable ethanol backed credits will be issued using current cryptocurrency technologies such as Bitcoin, Mastercoin, Colored Coins, Ripple and OpenTransactions as well as future evolutions. There is much to come and much to be developed. If you have questions or would like to contribute please contact firstname.lastname@example.org or join the email list below.
Listen to my interview on Let’s Talk Bitcoin
Also watch this talk on small scale ethanol production.
David Blume: Alcohol Can Be A Gas