Australia-based ChronoBank wants people to trade their time and talent safely and securely in a decentralised global network. Based around the idea that labour time is the most valuable commodity people have, time-based labour notes have been in existence for over a century, but the concept has been stymied by problems around fungibility. He said: "LH we will finish we think by September 2017. The company behind ChronoBank, which was founded in 2013, says it aims to solve these issues with its new blockchain-powered platform. The company aims to create a marketplace where people buy and sell their labour hours.
Australia-based ChronoBank wants people to trade their time and talent safely and securely in a decentralised global network. Based around the idea that labour time is the most valuable commodity people have, time-based labour notes have been in existence for over a century, but the concept has been stymied by problems around fungibility. The company behind ChronoBank, which was founded in 2013, says it aims to solve these issues with its new blockchain-powered platform. The company aims to create a marketplace where people buy and sell their labour hours.