Learn more about TIME

TIME is the native token of the Chronobank ecosystem. It is an ERC20 token with a total supply of 710,113. TIME was launched after Chronobank’s crowd sale, which raised $5.5 million in cryptocurrency at the end of 2016 and beginning of 2017.

TIME blockchain

The Chronobank suite of applications and services as a whole aims to use blockchain technology to facilitate recruitment and HR processes, making it easy for anyone to access work and get paid, wherever they are in the world. Chronobank’s software includes: LaborX, a labour-hire platform that connects clients and service providers on a peer-to-peer basis PaymentX, which provides cryptocurrency payroll facilities, enabling companies to pay their workers in crypto TimeX, a Plasma-based decentralised exchange that allows trustless trading of digital tokens. TIME will ultimately be used as a form of fuel and preferential payment currency within the Chronobank network, offering a series of benefits to users and holders alike. The token will be integrated across different elements of the platform, providing a unifying currency and form of value storage over the long term. Further details about the way TIME will be used in the future will be published as new use cases are researched, trialled and implemented.