Time bank refers to the institution where volunteers deposit their time in public service in the bank. 2. It is a public bank account system, and it is also an application of government governance, social adjustment and residents' independent pension.
China Time Bank was developed by Ping An Medical Insurance Technology Company. 12 On February 20th, the first electronic time bank based on electronic social security card in China was officially opened in Qingdao. The e-banking platform takes Ping An Medical Insurance Technology's "City One Account Connect" APP as the exclusive technology platform, and builds a "time exchange" platform for volunteer service through innovative technologies such as mobile Internet, big data and blockchain. Volunteers use the electronic social security card as the carrier to record the service time in the time bank. When you or your family and friends need help, you can withdraw the time in your personal account and get the volunteer service provided by others. Ping An Group is also committed to deeply applying this model to Ping An's volunteer service management system, subverting the conventional volunteer service model of one-way output, and innovating the form of public welfare mutual assistance of "all for one, all for one", so as to benefit others and create a public welfare circular ecology with endogenous motivation of volunteers. ___