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The concept of "Time Bank" intBANK and Time Coin Timecoin has long been popular in Europe and the United States, becoming a kind of community mutual assistance model. "Time Bank" is covered with more than 30 countries around the world. 53 official certified "time banks".
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Curning refers to any functions that can execute the exchange medium, value scale, extended payment standards, and full flow of wealth storage methods, which can be regarded as currency; from goods in products; Separate products that are fixed as general equivalents are currency; currency is the product of the development of commodity exchange to a certain stage. The essence of currency is general equivalent.
"Time Coins" Time is different from ordinary currencies. It will not depreciate, and the transaction does not need to pay taxes. It is also flexible and convenient. It can zero the scattered service time to rectify and be promoted at any time. At the same time, "Time Coins" can be exchanged for other currencies, can be transferred globally for free, or even withdrawn from time banks.