Chronobank (TIME) Cryptocurrency

1 Chronobank is currently worth 4.69 usd

1 Hour -2.39%  24 Hours -4.24%  7 Days -7.21%

Coin Rank: 573

Price in BTC: 0.00073986

24H Volume: $161,578.14

Market CAP: $3,328,585.00

Total Supply: 710,113

Available Supply: 710,113

Chronobank (TIME) Cryptocurrency About Chronobank
Start date: 08/12/2016

Time is an Ethereum-based token issued by Chronobank. It allows users to receive dividends from the fees and issuance of Labor-Hour Tokens (LHT) in the Chronobank system.

Chronobank is a system designed to tokenize labour-hours using blockchain technology. The system leverages smart contract techniques to automate a process whereby a country-specific ‘labour-hour’ token may be redeemed for real labour-hours via legally binding (traditional) contracts with labour-offering companies. The proposed ‘stable-coin’ LHT implementation provides a non-volatile, inflation-resistant digital asset transfer system.