General information | |
---|---|
Global rank: | 980 |
Name: |
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Symbol: | TIME |
Current coin price (RWF): | 24 949.68 ر.س |
Last hour: | arrow_downward-0.680 % |
Last 24 hours: | arrow_upward5.81 % |
Last 7 days: | 7.42 %trending_up |
Capitalisation (RWF): | 17 717 089 749.49 ر.س |
Volume 24h (RWF): | 317 500 027.22 ر.س |
Available supply: | 710 113.00 TIME |
Total coin supply: | 710 113.00 TIME |
Algorithm: | ETH Token |
Start date: | 08/12/2016 |
Chrono.tech/Rwandan Franc (TIME/RWF) price chart
Chrono.tech/Rwandan Franc (TIME/RWF) 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.