ChronoBank is a business-focused blockchain project that aims to revolutionize the human resources, recruitment, and finance aspects of companies. ChronoBank uses blockchain technologies to create an alternative to traditional financial systems: time-based currencies. The primary focus of ChronoBank is short-term recruitment, connecting businesses and potential employees in a decentralized and rewarding way. Labour-Hour (LH) tokens are used to tokenize real labour and allow it to be easily traded. The ChronoBank ecosystem will be built on the Ethereum, Waves, and NEM blockchains. LaborX, a job marketplace, will be created to enable users to trade labour hours for LH tokens.
ChronoBank (TIME) tokens are Ethereum tokens that were sold in the ChronoBank ICO. They represent a share in the profits of the platform and allow holders to participate in governance.