For the first time in philosophy and physics, the author developed the concept of objective, in his terminology, functional time.
According to the functional concept, time arises in every object,
process (each object is a process).
Objective, functional time, according to the author, does not arise
outside of objects, since in subsequent objects, in which their
material content is embodied, their own present times also arise.
In this regard, the objective time is always the present. Therefore,
objective time flows from the present to the subsequent present, and not from the past, through the present to the future.
It follows from the above that objective, functional time is unsubstantial, it is not a physical entity. For this reason, time is
irreversible, does not slow down and does not accelerate.
The study also deals with the possibilities of practical application
of the concept of objective, functional time.