Chronobank

Overview of Chronobank

  • Chronobank solves this problem by utilizing a system that allows anybody to sell their labor and get money for it, as Chronobank’s system is designed to be similar to Uber’s in the sense that anybody can get paid and anyone can get work quickly without a middleman (which can get costly) and without any other fees.
  • ChronoBank, a blockchain-based initiative aimed at disrupting the short-term recruitment sector, has announced a partnership with Swiss mobile bitcoin wallet and blockchain trading enterprise Lykke – allowing its users to trade ChronoBank’s tokens for other currencies frictionlessly.
  • ChronoBank, a blockchain project designed to disrupt the short-term recruitment sector by connecting employers with those selling labour, will be partnering with Emercoin — a well-known and established cryptocurrency platform — across several elements of shared interest.
  • ChronoBank.io has been designed by a consortium of professionals with over 100 years of combined recruitment experience, in consultation with experts who can create the software to leverage blockchain technology to solve real-world business problems.
  • ChronoBank assets (instances of ChronoBankAsset contract) add interface layout and define a few custom internal logic to allow implementing alternative behavior, for example, adding a fee to token transactions (look at ChronoBankAssetWithFee contract).
  • ChronoBank.io, the cryptocurrency company that is trying to change the short-term labor market, is aiming to launch an exchange early next year where buyers and sellers of alternative trades can trade skills for money and time.
  • ChronoBank uses big and reputable labour hire/HR companies to guarantee the supply of labour hours that are issued, essentially creating an alternative to the traditional banks, which is much cheaper and more transparent.
  • Chronobank’s $US5.4 million ICO was comprised of $1 million in cash and over 3000 Bitcoin, 14,000 Litecoin, 48,000 Ethereum, 33,000 Ethereum Classic, and 13 million XEM, plus a smattering of other currencies.
  • ChronoBank platform has entered the second month of its ICO offering, successfully raising around 1200 BTCs alongside significant investment in other cryptocurrencies (LTC, ETH, ETC, WAVES, and NEM).
  • ChronoBank’s founder told Forbes that the firm is in the process of “developing and testing market making bots that will be used in third party exchanges to provide more liquidity.”
  • Blockchain

    For the long term, this bodes well for both ChronoBank and NEM.This can only strengthen NEM’s position as a world leader in the development of the blockchain technology while at the same time, ChronoBank is able to prove that its model works well in the actual reality of things – labour time as having financial equivalence that is inflation protected – driven by blockhain technology.We hope our solution will be able to fulfil ChronoBank’s intents.

    Mine

    The ChronoBank project aims to make short-term employment as accessible and rewarding as long-term employment, giving workers the flexibility to determine their own schedules whilst being paid a fair rate for their time, expertise and reputation.

    Support

    A key feature to be used by the wallet is Waves’ decentralised exchange (DEX), soon to be released on mainnet.In addition to basic features such as blockchain data validation on the client side and multi-address accounts, the Waves version of the ChronoWallet will be tightly integrated with ChronoBank’s services, natively supporting LH tokens issued on the Waves blockchain.

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    What is ChronoBank?

    The labor market is set for a major shakeup as the Blockchain-based ChronoBank emerges to link job seekers with recruiters and other stakeholders.This ambitious, far-reaching technology focuses on three primary industries: HR, recruitment, and finance.  ChronoBank will help people find work and get rewarded without the involvement of conventional financial institutions.

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    ChronoBank (TIME): What’s New and Where Are They Headed?

    ChronoBank is a lesser-known blockchain project that has a lofty goal: to disrupt the HR/recruitment/finance industries in a similar way to how Uber changed the taxi industry and Upwork created a freelancing revolution.

    What is 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.

    What is ChronoBank?

    The labor market is set for a major shakeup as the Blockchain-based ChronoBank emerges to link job seekers with recruiters and other stakeholders.This ambitious, far-reaching technology focuses on three primary industries: HR, recruitment, and finance.  ChronoBank will help people find work and get rewarded without the involvement of conventional financial institutions.

    How to Buy TIME Token?

    ChronoBank has a fixed supply of its TIME token, so TIME mining is not possible on the ChronoBank platform.However, users can still obtain the TIME token via trading on a cryptocurrency exchange.

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    History of Chronobank