Time banks effectively use people’s time and talents as currency for exchanges of value. It’s been effectively used across the world to tackle explicit local issues, such as childcare provision or urban regeneration. They have been successful in delivering small but important local results because they excel at building networks of reciprocal social relations, trust, civic participation and community solidarity. Though the exchange can easily happen across borders, time banks are a true peer-to-peer way to build community locally.
Check out the Chicago Time Exchange to follow what is happening here.