Time New Bank
Miao'A International Timechain
Time is the most valuable assets mankind possess, in some point of view, the only valuable treasure a person can have. People’s time is limited and appreciates when he/she is needed by others. TNB (a.k.a. Time new bank) is the only cryptocurrency issued by M.I.T, and aim to shape the time transactions, time commodity exchange and time asset exchange powered by blockchain technology.
After conducting solid market research and analysis, combining the team’s strong offline resource integration ability and sales capacity, the team has constructed M.I.T, a precision time-value transmission platform based on blockchain technology, to organize a comprehensive network comprised of primary, secondary and third market for time commodity exchange. M.I.T aims to deliver a standardized system that fully expresses the value of time commodities based on how time exporters are recognized and demanded via scientific and systematic analytical model by leveraging its decentralized value transmission platform. In commodity value transmission process, TNB will be adopted as the settlement currency to accurately tell both the current and future value of the time commodities. Under the abovementioned structure, time demanders can quickly retrieve on the M.I.T platform to position and purchase the exact time commodity from the exact time exporter. After completing the purchase, time demanders could either materialize the time commodities or transfer them on the secondary market. Investors can invest on commodities via the third market. In this way, multiple-layers of demand are fulfilled.