ChronoBank

Chronobank.io Project By Edway

One of the founders of ChronoBank.io is Edway Group Ltd., one of the leading Australian companies in industrial training and labour supply with more than 400,000 satisfied customers and a team with more than 100 years of combined relevant experience.

JOIN NOW: https://chronobank.io/

ChronoBank.io is a very ambitious project to rival Blockchain comprehensive project, intended to disrupt or destroy industry HR / Recruitment / FINANCE in a manner similar to how disturbed Uber taxi business and how Up works represent an evolution on the loose.

In ChronoBank.io, we challenge the status quo and bring an alternative to the traditional financial system.

This alternative is a new generation of time-based currencies utilising the latest developments in blockchain technology.

Despite soaring interest in distributed ledger technology, there are currently very few blockchain apps poised for mainstream market adoption.

ChronoBank.io has been designed by a consortium of professionals with over 100 years of combined recruitment experience, in consultation with experts who can create the software to leverage blockchain technology to solve real-world business problems.

Specifically, we want to create a revolution in short-term recruitment within key professions.

Our goal is to make a difference to the way people look for jobs and appreciated their work - so within the framework of decentralisation and without the involvement of traditional financial institutions.

Profession Our main target is:

-E-commerce
-Cleaning
-Warehousing
-Industrial
-Building
-Freelancers



ChronoBank.io: Stage 1

The first stage of our project is to create the financial backbone of ChronoBank.io: national Labour-Hour (LH) tokens.

LH are linked to average hourly wages in the host country and are backed by a real labour force from big recruitment and labour-hire companies.

Labour is abundant enough for everyone to have access to it, yet scarce enough to be valuable. It is the most tradeable resource in the real economy.

LH tokens will tokenise this resource. Because they are backed by real labour, they are absolutely inflation-proof and have next to zero volatility – in comparison to bitcoin and other cryptocurrencies.

This solution is far more sustainable than any of the fiat-pegged or backed coins that currently exist in the crypto market. LH tokens will be hyper-liquid and accessible 24/7 via the LH debit card.


Labour Hour Features:
  • Alternative financial system
  • Multiple blockchains supported
  • Protection from inflation
  • AUD/USD/EUR/GBP transactions
  • Stable tokens
  • Simple to use
  • Transparency
  • LH Debit Card

ChronoBank.io: Stage 2

LaborX Decentralised Marketplace

The second stage is to create LaborX, a decentralised marketplace where people in real-world professions will be able to sell labour hours to anyone.

LH tokens will act as a substitute for payments in fiat currencies and will enable people to be rewarded for their work – without cryptocurrency’s signature volatility risk.

We have taken great care to design the system for ease of use, to make sure that actual labour time and the LH token can be exchanged efficiently for each other. While time banking in its simplest form uses a standard exchange rate for time, each ChronoBank.io participant will have reputation assigned to them, to enable them to access remuneration appropriate to their skill level.

The better the individual’s reputation based on previous work, the higher the price they will be able to command for an hour’s work. Initial reputation will be set based on the individual’s experience within the partner company from stage one of the project.




Well, that's Programs and objectives ChronoBank ICO , with the presence of ChronoBank ICO us as workers do not have to worry about the work of we that later his not appreciated because in ChronoBank ICO all the work will be appreciated.


well if your interests and interested web Join ChronoBank ICO in https://chronobank.io/

Follow us @ChronoBankNews




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