In time banking today, a merchant trades one hour’s worth of work for the consumer’s one person-hour, which the merchant can then use to pay for another merchant’s goods or services later.

But while this most often happens at a local level, labor hour coins at BobCoin will be linked to average wages in each country.

These coins will also be tradable peer to peer and on a decentralized marketplace called Nemchange, and tied to a reputation system for employees and employers, allowing employers to choose the best workers for the job and workers to assess hiring companies worldwide.

In that, the online platform will help connect a more globalized workforce, allowing people to monetise their labour through access to markets around the world, with very little friction