The same time wordwide - no time zones, no daylight saving time.
Phone conference @800?
The idea for an Internet Time is attributed to Nicholas Negroponte, the co-founder and long-time leader of the MIT (Massachusetts Institute of Technology) Media Laboratory(1).
SMH the manufacturers of the Swatch®(1) watches took it up and designed a series of watches displaying the internet time together with / instead of the local time.
Since the Internet is global the Internet Time should be the same globally:
People communicating and cooperating over the internet don't care about local times at different places on earth. Internet conference members are all awake and at work. People more and more are permanently interconnected. Messages are sent and received throughout the day. Different time tags between senders and recipients only could give rise to misunderstandings and never really are useful.
Wouldn't it be nice if conference partners in New York, in Bangkok, Tokyo, London, and Berlin could agree upon their next "meeting @450".
According to its inventors the measure "time" should comply to international (metric) standards. Thus a day would be made up of 10 hours of 100 minutes instead of 2 day halfs of 12 hours, containing 60 minutes of 60 seconds each. In other words:
The internet time reference is defined as midnight in Biel / Switzerland, where the Swatch / SMH group has its headquarters. Then everywhere on earth it's @000 internet time. At noon Biel local time all internet watches display @500. This reference time is also named "Biel Mean Time", (BMT) by the Swatch people.
…wherever you are.
The Java applet shown above may be downloaded in compiled and in source code form. If you abide to the simple rules written in the "readme" file that accompanies the applet code you may use it for non-commercial as well as for commercial purposes. It has been written as an extension to a ticker applet for which the same rules apply.
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Applet demo (german)