• Means of Exchange

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  • Means of Exchange

    Using emerging technologies to build a resilience economy

  • Means of Exchange

    Promoting a return to local resource use

Time banking

Definition

Time banking is a method of exchange that uses units of time as currency.

Principles

One person helps another for a predetermined number of hours in exchange for an equivalent amount of time. This might be an hour’s help in the garden or specific professional tuition. There are various examples of time banking in a community setting and an increasing number of online tools to help bring communities together.

 

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