Rank 923
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Avg. Price
$ 1.623 USD
24hr Change
-13.79%
Mkt. Cap
$ 1.15 M
Vol. 24H
TIME 424.675 ($ 689.295)
Low/High 24h
$ 1.623 / $ 1.883
Total Coins
$ 710,112.811
Last Trade
TIME 0.000099 ( $ 0.0001606881) / Kucoin
TIME/USD Calculator = Buy TIME
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Description

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.