Company Information

Get to know ChronoBank

ChronoBank was launched via an Initial Coin Offering (ICO) in 2016-2017 with the mission to disrupt the short-term labor market. Its core concept was to use blockchain technology to create a decentralized system where labor hours could be represented as crypto tokens, allowing freelancers and employers to connect and transact efficiently and globally. The project's native token, TIME, was central to its ecosystem. While the original ChronoBank website remains online as a historical record, the project, team, and technology have since transitioned and been integrated into a broader fintech ecosystem called Chrono.tech, which now offers a suite of services including the LaborX freelance platform, TimeX crypto exchange, and the AUDT stablecoin.

Industry

Technology Software DevelopmentPRIMARY
Crypto Cryptocurrency
Financial Other Service

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ChronoBank

Australia

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.