The cryptocurrency project ChronoLogic considers time as our true value, and that is why it works on developing and introducing its innovative Proof of Time mechanism, rather than using proof-of-stake or proof-of-work algorithms. ChronoLogic‘s revolutionary concept of POT (proof-of-time) was initially manifested by their token named DAY, launched in August 2017. DAY is built on the Ethereum blockchain. The ERC20 compliant time-based token integrates the Proof of Time advanced technology TimeMints. The quota of tokens to be minted depends on the minting power of each specific TimeMint named ChronoPower. There are 3333 minted addresses which could produce additional DAY. The Chronologic platform is used to create P2P ETH debt and innovative smart contracts. The proof-of-time technology integrated into the blockchain model is vital for many current and future practical implementations in different industries such as eCommerce, finance, and transportation. The expansion of the prospects of using time and blockchain technologies are to be witnessed with the launch of the Proof-of-Time platform Chronos.

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