chrono.tech Price

About the coin

Chrono.tech provides blockchain-based solutions aimed at improving recruitment, HR, and payment processes. The project seeks to reduce barriers to accessing work and transferring funds securely within the global labor marketplace. The ecosystem includes a suite of services and the native governance token, TIME, which is hosted on multiple blockchains.

Main features

Chrono.tech's ecosystem includes several key products:

• LaborX: A peer-to-peer freelancer marketplace that allows freelancers and customers to organize work via digital agreements powered by smart contracts. Payments are escrowed and made in cryptocurrency, with automatic release upon job completion.

• TimeX: A hybrid Plasma-based cryptocurrency exchange that combines centralized and decentralized technologies for fast, secure trading. It is licensed and compliant with AUSTRAC regulations in Australia.

• TimeWarp: A DeFi yield farming application where TIME holders can stake their tokens to earn revenues generated by all Chrono.tech products.

• AUDT: An Australian dollar-backed stablecoin that facilitates moving money into and out of the blockchain ecosystem from an Australian bank account.

• PaymentX: A multi-currency crypto payroll solution that integrates crypto payments into day-to-day invoice processes.

• TimeBridge: A multi-blockchain token bridge supporting Ethereum and BSC, allowing TIME tokens to be transferred between networks.

How it works

The TIME token is central to the Chrono.tech ecosystem, used within its products to secure premium account status and for staking on TimeWarp.finance. In November 2020, the TIME token was upgraded to the ERC677 standard, enhancing integration with DeFi protocols and enabling lower-cost transactions while remaining ERC20-compatible. The ecosystem's products generate revenues distributed to TIME holders, providing a comprehensive solution for modern recruitment and payment challenges.