Abstract. This whitepaper abstractly describes a system designed to tokenise labour-hours using blockchain
technology. ChronoBank is a proposed implementation of the described system that can be deployed in several
economic localities. The proposed system leverages smart contract techniques to automate a process whereby
a country-specific ‘labour-hour’ token may be redeemed for real labour-hours via legally binding (traditional)
contracts with labour-offering companies.
ChronoBank is also the platform with the wide functionality that may become available for Time Token