Kolektivo Labs Launches on Fuse to Scale Blockchain-Based, Sustainable Development in Curaçao.
Fuse’s technology stack will allow Kolektivo Labs to scale the tools and processes needed to build a “regenerative” economy on the idyllic island of Curaçao.
Curaçao has traditionally benefited from one of the highest standards of living in the Caribbean, thanks to the tourism, oil refining, and financial services sectors. However, the events of 2020, and the ongoing impact that we can expect to witness throughout 2021 and beyond, mean that urgent economic change is needed. The unemployment rate on this Dutch island of just 160,000 people is now at 40%, and there is the fear of potential food shortage issues.