General information | |
---|---|
Global rank: | 980 |
Name: |
![]() |
Symbol: | TIME |
Current coin price (MMK): | 36 973.40 K |
Last hour: | arrow_downward-0.680 % |
Last 24 hours: | arrow_upward5.81 % |
Last 7 days: | 7.42 %trending_up |
Capitalisation (MMK): | 26 255 293 455.47 K |
Volume 24h (MMK): | 470 509 350.27 K |
Available supply: | 710 113.00 TIME |
Total coin supply: | 710 113.00 TIME |
Algorithm: | ETH Token |
Start date: | 08/12/2016 |
Chrono.tech/Myanma Kyat (TIME/MMK) price chart
Chrono.tech/Myanma Kyat (TIME/MMK) capitalisation and volume charts
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.