Overview

The Time Reserve

The TimeReserve.sol smart contract will lay the foundation for the time-based financial system by establishing time as a unit of account within a broader time protocol. This contract will be secured by three key components: a Verifiable Delay Function (VDF) cryptographic algorithm, the use of block.timestamp, and a Unix epoch API accessed via Chainlink oracles. Together, these mechanisms form a reliable, cryptographically verifiable standard for measuring and tracking elapsed time.

The Time Reserve contract enables time to be tokenized and used as a basis for economic and policy models. It ensures accurate issuance, tracking, and verification of time as a unit of value, allowing for the creation of adaptable, decomposable economic systems. This framework supports secure, time-backed transactions and value storage.