ChronoBank , a blockchain - based time - sharing system , has announced funding of its LaborX exchange venture , which will offer a marketplace for buying and selling hours as tokenised labour hours . It has said that after the exchange launches , it will develop ChronoWallets and labour hours trading cards , as well as middleware to facilitate crypto exchanges . The LaborX exchange is built on Ethereum 's smart ##phone platform and allows peer - to - peer connection between businesses and workers . ChronoBank hopes Labour-Hours (LH) tokens could become the most sustainable stable coin on the blockchain so far – as opposed to crypto systems that hold fiat as collateral in a bank account. The exchange offers labour hours matched to the price of that hour in the country from which it is being purchased .
ChronoBank , a blockchain - based time - sharing system , has announced funding of its LaborX exchange venture , which will offer a marketplace for buying and selling hours as tokenised labour hours . It has said that after the exchange launches , it will develop ChronoWallets and labour hours trading cards , as well as middleware to facilitate crypto exchanges . The LaborX exchange is built on Ethereum 's smart ##phone platform and allows peer - to - peer connection between businesses and workers . The exchange offers labour hours matched to the price of that hour in the country from which it is being purchased .