Interesting numbering system that I didn't know about before today, thanks for sharing!
It doesn't seem like it would be quite as useful for a tally system, though, where you're meant to be able to increment easily by 1 without changing/erasing earlier markings. This system seems strictly focused on simply representing numbers in as compact a form as possible.
It does have me feeling like it could be a lot more efficient than Arabic numberals, though. Wonder if there are any clock apps that support it so I could have it to reference for time...
Edit: a word