What is Chronobank Crypto Currency?A brief description of Chronobank.
ChronoBank.io is an ambitious and wide-ranging blockchain project, aimed at disrupting the HR/recruitment/finance industries in a similar way to how Uber disrupted the taxi business and how Upwork represented an evolution in freelancing.
Chronobank Video
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The purpose of Chronobank
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Chronobank Abstract
This whitepaper abstractly describes a system designed to tokenise labour-hours using blockchain technology. ChronoBank is a proposed implementation of the described system that can be deployed in several economic localities. The proposed 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’ implementation provides a non-volatile, inflation-resistant, digital asset transfer system.
More information can be found in the Chronobank whitepaper https://chronobank.io/files/whitepaper.pdf
Other Chronobank facts
- Trading symbol: TIME
- Governance: Centralized > Hierarchical
- Open source: Yes
- Product status: Fully working product
- Consensus method: Ethereum consensus (currently proof of work, will be proof of stake later on)
- Emmission rate: Company will decide
- Transactions per second: Unfortunately we don’t have this data available.
- Total Supply: N/A
- Release date: 2017-02-25
Usefull Chronobank links
- Chronobank’s Website
- Chronobank pricing data & fundamental Chronobank information
- Chronobank’s Website
- Chronobank official blog
- Chronobank’s Bitcointalk Forum
- Chronobank’s Reddit Forum
- Chronobank’s block explorer
- Chronobank’s Alexa site stats
- Chronobank’s official forum: Unfortunately we don’t have this data available.
- Chronobank’s Github code repository:
https://github.com/ChronoBank/SmartContracts - Chronobank’s roadmap:
ChronoBank roadmap!
Posted by ChronoBank on Tuesday, October 18, 2016
- Chronobank’s team page: https://chronobank.io/#team
- Chronobank’s whitepaper: https://chronobank.io/files/whitepaper.pdf