| General information | |
|---|---|
| Global rank: | 980 |
| Name: |
Chrono.tech |
| Symbol: | TIME |
| Current coin price (SAR): | 66.06 ﷼ |
| Last hour: | arrow_downward-0.680 % |
| Last 24 hours: | arrow_upward5.81 % |
| Last 7 days: | 7.42 %trending_up |
| Capitalisation (SAR): | 46 912 469.90 ﷼ |
| Volume 24h (SAR): | 840 697.35 ﷼ |
| Available supply: | 710 113.00 TIME |
| Total coin supply: | 710 113.00 TIME |
| Algorithm: | ETH Token |
| Start date: | 08/12/2016 |
Chrono.tech/Saudi Riyal (TIME/SAR) price chart
Chrono.tech/Saudi Riyal (TIME/SAR) 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.