Time New Bank is a token issued by the time trading platform "Miao Ah" international station - "Miao Ah International", aiming to create a decentralized, cross-border, price transparent time value chain M.I.T. For the commercial value of people's time, the higher the demand, the higher the corresponding time value. The TNB project uses blockchain technology to build an underlying platform M.I.T to provide more efficient value transmission for time exporters and time demanders Assure.

The Miao Ah time trading platform already has an APP. The application includes entrepreneurs, stars, celebrities, and entertainers. These people have their own pricing charts. Technology allows participants on the time trading platform to conduct transactions more openly, and can solve the problem of international settlement.

The advantages of this project are:
1. In adopting blockchain technology, the project uses token settlement. On the international time trading platform, the settlement is faster, and the time provider and demander can trade more conveniently , there is no cross-border settlement problem.

2 Utilizing the transparent and irreversible characteristics of the blockchain, the time, price and basic information of celebrities will be disclosed, and the previous packaging, hype and credit problems can be solved. After all, on this trading platform, there may be huge fluctuations in the news. Eliminate the problem of information asymmetry and enhance the experience of both traders.

Project Highlights

1. In adopting blockchain technology, the project uses token settlement. On the international time trading platform, the settlement is faster, and the time provider and demander can trade more conveniently, without cross-border settlement problems.

2. Using the transparent and irreversible characteristics of the blockchain, the time, price and basic information of celebrities will be made public, and the previous problems of packaging, hype and credit can be solved. After all, on this trading platform, there may be huge fluctuations in the news , Eliminate the problem of information asymmetry, and enhance the experience of both traders.

Application scenario

After the M.I.T platform ecology is formed, on the basis of serving high-value big coffee time exporters, more popular time exporters can be included. Time demanders will overlap with time exporters. As long as there are people Recognized service capabilities can be realized based on the M.I.T platform, making everyone's time valuable, and truly realizing inclusive self-value. At this stage of platform development, while serving partners and users, It can quickly cultivate the user's habit of using TNB in ​​the consumption process. Due to the commercial universality of the M.I.T platform, TNB can cover a wide range of user consumption scenarios and bring in more merchants to cooperate on the chain. The demand for TNB will also increase synchronously, thereby further pushing up the price of TNB and driving the secondary market. Active, giving birth to the emergence of the tertiary market.

Six characteristics of M.I.T

1. The world's first personal IPO platform
Anyone, as long as their personal service ability is recognized and has a certain value, they can generate personal tokens on the M.I.T platform through the constraints of smart contracts, and carry out the first IPO in their lives. A personal IPO. After the IPO is successful, the foundation has been laid for improving personal ability and influence.

2. Tokenization of time and skills
Quantify each person's special skills with time to form a time commodity, and then tokenize the time commodity with a scientific algorithm. No matter which country people come from, as long as they hold Personal tokens can be exchanged for corresponding services. As individuals develop better and better over time, the value of their time commodity increases accordingly.

3. Decentralized time value measurement reflects
M.I.T will develop a time commodity trading platform (secondary market), using blockchain technology to generate transparent market behavior, so that time demanders and investors can obtain commodity information And transactions become easier, and the value of time commodities is realized.

4.M.I.T smart contract and digital identity
Several smart contracts will be generated on the M.I.T public chain, and different contracts will be implemented according to different application scenarios. Smart contracts allow trusted transactions without a third party , these transactions are traceable and irreversible and cannot be tampered with. We will also establish a digital identity system based on the PKI X.509 standard to store the identity information of individuals, organizations, and things in the form of electronic data, and establish digital credit accordingly.

5. Multiple application scenarios
The M.I.T platform adopts the blockchain 3.0 standard to provide API interfaces for more application scenarios, and implement application scenarios through blockchain technology. In addition, the M.I.T platform will integrate more mature Application scenarios to quickly build the platform and promote the sustainable development of the platform.

6. Transactions are open and transparent
Based on the latest blockchain underlying technology, M.I.T builds a decentralized time commodity value transmission platform and provides a block browser. Every transaction can be queried through the block browser , users can quickly, efficiently, safely and legally manage personal time assets.