ChronoBank.io is a blockchain project, they want to make a breakthrough in the recruitment industry on the labor market. ChronoBank.io helps laborers control their employment and receive fair wages via the TIME token, they aim at disrupting the HR/recruitment/finance industries in a similar way to how Uber disrupted the taxi business and the way Upwork revolutionized the freelancing industry. ChronoBank wants to change the way people find work and are paid. This should be possible without the involvement of traditional financial institutions.
The TIME Coin was introduced in the first phase of the project and serves as a currency within the platform. The main features of this coin are that, unlike many other cryptocurrencies, it supports multiple blockchains. The TIME token has been designed not to represent or resemble a security.The TIME coins and the ChronoBank dApps are created on the blockchains of Ethereum, Waves and NEM. Since the TIME coins are linked to national hourly wages, the risk of inflation is reduced.
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