ChronoBank Partners with Lykke for Cryptocurrency Trading

ChronoBank, a Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term-based initiative aimed at disrupting the short-term recruitment sector, has announced a partnership with Swiss mobile Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term wallet and blockchain trading enterprise Lykke – allowing its users to trade ChronoBank’s tokens for other currencies frictionlessly.

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ChronoBank, which is currently holding its crowdfund, has so far raised over 3,000 BTC for marketing and development. It will connect employers with those seeking work, disintermediating the labour-hire sector in the same way that Uber disrupted the taxi business. Employees will receive Labour Hour (LH) tokens, which can be bought and sold by companies to secure professional services, and by cryptocurrency traders who want to hedge their earnings in a stable, inflation-proof token.

"One of the reasons we’re thrilled to be partnering with Lykke is that commitment to making cryptocurrency accessible to new users," comments ChronoBank CEO Sergei Sergienko. "Since we are looking at mass-market applications for crypto tokens, it promises to be a very worthwhile partnership."

Trading of LH tokens, which will be issued on multiple blockchains, will take place on ChronoBank’s decentralised LaborX exchange. Both LH tokens and the TIME token, which will be distributed to ICO investors, will simultaneously be listed at the Lykke Exchange. Lykke will also be a strategic technological partner in the creation of LaborX.

Sergey Ivliev, Lykke co-founder and COO, added: "We feel that our vision is very much aligned. In the future there will be many digital assets and private currencies. You will be able to pay for your restaurant bill with your labor hours. There will be a market for that."