Today Chrono.tech price in US dollars is currently
USD, and if converted to Bitcoin is
BTC. A total of 710,112 TIME are currently circulating in the Market. Chrono.tech price is currently experiencing a change of 0.62 %, and check here all cryptocurrency. Over the past 24 hours 0.000 M US dollarsChrono.tech have been traded on Crypto Exchanges. Get Chrono.tech's progress by adding it to your favourites and creating a free portfolio.
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.
Chrono.tech Crypto Technology
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The vision of ChronoBank (CBE) is to launch a stable cryptocurrency, Labor Hour Tokens (LHT) backed by an agreement to redeem tokens for one hours worth of labor at the Australian national average wage. Over the course of two months, ChronoBank collected a total of $5.4 million in a number of different currencies. This included:
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