THELOGICALINDIAN - An Australian startup has absitively to action blockchain based band-aid for the application industry The broadcast balance belvedere ChronoBank is congenital about a timebased cryptocurrency and is set to accommodate the HR application and banking industries ChronoBank considers itself as an agnate of Uber in auto business and Upwork in freelancing back it comes to disruption of the application industry
Based on a acclaimed abstraction of time-based currencies, which has been in use for the accomplished 200 years, the ChronoBank cryptocurrency band-aid is custom-built to abode the needs of concise application solutions: be it freelancers or arrangement workers in a company. The capital ambition abaft the conception of ChronoBank is to ensure that bodies are appropriately and calmly remunerated for their work. The cryptocurrency abridgement on the belvedere will be powered by its Activity Hour (LH) crypto-tokens, backed by absolute activity companies. These tokens are aggrandizement affidavit with aught volatility.
In adjustment to accomplish blockchain based application solutions mainstream, ChronoBank is currently invested in acquaintance campaigns. Through these campaigns, the belvedere will be educating people with the accent of time-based cryptocurrencies, their advantages over acceptable time banking, and how it can account both the advisers and administration back it comes to concise employment.
“Over the advancing month, we’ll be architecture awareness, not aloof about ChronoBank and its crowdfund but added broadly about the abstraction and advantages of time-based currencies. 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,” says the CEO, Alexander Rugaev.
ChronoBank is backed by some of the abreast cryptocurrency experts and developers. With Edway Group Ltd as one of the founders, ChronoBank allowances from the ability of a aggregation which has been about for years accouterment to manpower and application sector.
The acquaintance attack will be followed by a crowdfund ICO, which is accepted to go alive ancient in December 2016. Preparing for the ICO, ChronoBank has already launched a new website with an advantage for the investors to pre-register for the crowdfunding campaign. Investors will be able to booty allotment in the ICO over assorted blockchain platforms including Ethereum, Ethereum Classic, Waves, Lisk and of course, Bitcoin.
