MiaoA International Timechain (M.I.T) is a precision time-value transmission network which enables the valuation of the time assets belonging to individuals and/or corporations. Utilizing the unique benefits derived from Blockchain technology and digital identity, the network can achieve the automated management of digitized time assets through the use of smart contracts. To facilitate this innovation, M.I.T has introduced TNB (a.k.a. Time New Bank) as the sole settlement token for transmitting the value of time commodity. M.I.T vision is to establish a time-value transmission network which encompasses the key principles of decentralization, internationalization, transaction flexibility, pricing transparency, and strong protection of rights.

M.I.T connects high-value time exporters, time asset operators and investors, as well as large volume of time demanders. The project is dedicated to fully integrate industry best practices to ensure both a trust in the project and to maximize its value, which is anticipated to lead to an evolution of the whole industry. M.I.T platform comprises of underlying Blockchain ledger, M.I.T time commodity exposition platform (entry portal), M.I.T time commodity issuance platform (Primary Market), M.I.T time commodity exchange (Secondary Market), M.I.T time asset exchange (Third Market), APP, DAPP, enterprise service middleware, SDK,APT etc. TNB will serve as value-conveying instrument within the platform ecology.