- A system that guarantees that people will always get paid for their work according to their effort, as well as a system that provides a stable token on Ethereum and other participating blockchains
- Revolution in the short-term recruitment of the real world professions
- Based on the tried-and-tested model of timebanking, in which workers trade hours of labour for goods and services
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Ultimately, ChronoBank is targeted towards freelancers who want a different way to quantify their effort and reputation. Today, freelancers sell their time in exchange for fiat currencies. With ChronoBank, freelancers can sell their time in exchange for labor hour tokens (LH) based on the price of labor in their country of origin. Overall, ChronoBank plans to disrupt the HR, recruitment, and finance industries in a similar way to how Uber disrupted the taxi business.
This offer is based solely on information provided by the offeror and other publicly available sources.
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