The City of Turin is one of the winners of the announcement Urban Innovative Actions (UIA): 4 million 100 thousand euros have been allocated by the European Union for the project of Turin CO-CITY, for care, shared management and regeneration of urban commons, achieved by the offices of the City with the University of Turin, the ANCI and the Cascina Roccafranca Foundation.

“This award confirms Turin as European Capital of Social Innovation: Co-City is an extraordinary opportunity to support new forms of active participation of citizens to the care and regeneration of the territory“, said the mayor Chiara Appendino.

The University of Turin will have to create a legal model based on the collaboration between citizens and public administration and to coordinate the urban regeneration policies starting from the shared management of common goods, through the use of the platform ‘FirstLife’.

It is a social network that “allows citizens who don’t necessarily know each other but live the same urban spaces to coordinate themselves through an interactive map of the city to co-produce new services in an era in which public resources are shrinking“.

The University of Turin also will test a local currency and a bank of time based on innovative technologies such as blockchain, which is the basis of cryptocurrency such as bitcoin, converting them from a financial use to a social use.