ChronoBase Secures an Investor for Further Project Development
The world’s first global luxury watch database accepted a private investment offer for the speedy development of the platform. Therefore, the team has opted to discontinue the public token sale and refund those, who purchased ChronoBase tokens in early stages.
On May 9, 2018, ChronoBase team announces acceptance of the significant private investment into the project. The identity of investor is kept confidential. The team plans to proceed with project development in accordance with its roadmap and further launch a marketplace available for watch manufacturers, dealers, and owners.
The only change to the project structure is obsolescence of the BASE utility token. ChronoBase discontinues its public token sale and refunds those, who have given credence to the project and purchased BASE tokens in a limited pre-sale earlier this year. …
ChoroBase Ethereum blockchain integration
The world’s first decentralized luxury watch database keeps developing. The project has implemented information recording in the Ethereum blockchain and now is going to be even more secure than before.
As long as ChronoBase is a project utilizing a blockchain technology — a decentralized database — as its basis, it is essential to understand, how exactly does this technology enable to store and save all information about your watch.
ChoroBase is built on Ethereum, an open-source, public, blockchain-based distributed computing platform, and operating system. Ethereum technology enables to register transactions (in ChronoBase case these ‘transactions’ are data about the watch) on a decentralized contracts basis without any possibility of downtime, censorship, fraud or third-party interference. …
Expertly Protected: ChronoBase joins NEM Enterprise
As the world’s first decentralized luxury watch database, ChronoBase is always looking for the best technology to develop secure and efficient solution. Since the early days of the project, the team has aimed to adopt the most outstanding technologies, such as Ethereum blockchain. Now, right after the end of the token presale event, ChronoBase joins the NEM blockchain platform and starts to use its enterprise solutions.
What is NEM?
NEM is a decentralized full-featured blockchain engine that can power both private and public networks with its unique built-in “Smart Asset” plugins. NEM’s blockchain platform was designed and coded from the ground up for scale and speed. NEM’s permissioned private blockchain delivers industry-leading transaction rates for internal ledgers. And its revolutionary consensus mechanism and the Supernode program ensure that NEM’s open, public blockchain can grow without ever compromising throughput or stability. …