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Time-based cryptocurrency initiative ChronoBank.io has launched its new website, aiming to accession acquaintance for its advancing multi-blockchain ICO.
ChronoBank.io, a activity that aims to revolutionise the concise application area in the aforementioned way that Uber afflicted the auto industry, has launched its new website as the aboriginal date of its crowdfunding campaign.
Time-based currencies accept been about for about 200 years and abounding hundreds of timebanks accomplish about the world. However, the ChronoBank aggregation – who accept all-encompassing acquaintance in both the application industry and in the cryptocurrency area – accept the abstraction can be adapted to change the way professionals attending for assignment and companies accommodate it.
Traditional timebanking vs ChronoBank
Timebanking has about accurate acknowledged aural bound settings – best conspicuously Ithaca, New York, which has a advancing time-based abridgement congenital on the Ithaca Hour time currency. However, for assorted affidavit it is not ill-fitted to broader appliance aural the 21st aeon all-around workplace. ‘We apperceive we can change that with blockchain technology,’ comments Alexander Rugaev, ChronoBank CEO. ‘We appetite to accomplish a abbreviate appellation application as assisting and celebrated as continued appellation recruitment. One of our founders is Edway Group Ltd, one of the better labour-hire companies in Australia, so we apperceive absolutely what the bazaar needs and how to accomplish it.’
Key to the abstraction are time-based cryptocurrencies, a fundamentally altered anatomy of money. Time-based money has a altered tax cachet to approved authorization money, and can be exchanged for appurtenances and services, or awash for added currencies. ‘Labour Hour tokens are additionally a abundant abundance of amount and barrier adjoin inflation, back alternate accomplishment tend to acceleration in band with or aloft inflation. That makes it adorable to acquire and adorable to hold.’
Building awareness
The aboriginal date of the activity is to body and abound a attendance aural the cryptocurrency community, disseminating advice and answering questions that may arise, afore ablution the crowdfund in December.
‘Over the advancing ages we’ll be architecture awareness, not aloof about ChronoBank and our crowdfund but about the abstraction and advantages of time-based currencies added broadly. We appetite bodies to accept that we’re serious, we’re accomplished in blockchain and the application sectors, and we accept the aptitude and abetment to accomplish this appear in a big way,’ continues Rugaev. ‘We’re activity to authority the crowdfund and affair Labour Hours on assorted blockchain platforms, including Ethereum, Classic, Waves, Lisk and bitcoin, depending on demand.’
ChronoBank’s crowdfund is appointed to alpha in December. To acquisition out more, visit www.ChronoBank.io
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