Review on Time New Bank by Jesmin Akter

Time is the one commodity that it makes easy to commoditize in the younger generation of cryptocurrencies. Investors are becoming interested in cryptocurrency owing to the fact that it is the first marketplace where people who are in desperate need of time (time demanding) and who have excess of time (time exporting) may connect. This will be covered in more depth later on. Time New Bank is a settlement token used to settle transactions between participants on the MIT network. This distributed network uses Grid blockchain technology and hopes to reward individuals for their time by offering time-based goods and services.



Anyone and everyone on the MIT platform can be time exporters, from celebrities to businesses to the everyman. MIT will thrive because the importance of each person's time is emphasized. In the long term, MIT may jump to promote the adoption of TNB as a common corporate practice. Higher demand is expected from the broader variety of business applications TNB provides. The price of TNB may increase with secondary and third market activity.



For the purpose of increasing the range of international trade and increasing the cost-effectiveness of transactions, M.I.T. may be used in combination with third-party exchange platforms in order to utilize TNB. In the long term, this may result in new market entrants and the recruitment of more investors, both of which could contribute to a market boom. While adding offline resources is important, so is creating substantial traffic traction power. The growth of the M.I.T. network will further TNB's buy-side market, as well as the other businesses that use it.



MIT has the potential to be a successful cryptocurrency, thanks to decentralization, internationalization, payment flexibility, pricing transparency, and robust rights and proof-of-stake protection. It's a very good tool for time suppliers and time-demanded clients alike because of this arrangement. Time commodities and TNB are often bought and sold on the purchase side of the market, which is flourishing at MIT. This may enable the network to use celebrities, like Warren Buffet, Donald Trump, and others, to buy time on the network. TNB will use the MIT platform to crowd-fund and will enable TNB to provide the premium resulting from the marketing of the time exporters. This also allows TNB to flow across other digital currency exchanges, where it may be exchanged.