Most of all the business and organization of the world runs more or less the same HR (Human Resources) process and most of them agree that manual effort is one their today's biggest challenge, talking about checking through the data stored in dated system which naturally took a lot of time and when most of this datas are acquired, most of them lacks validity and consistency and there is no guarantee that the datas are easily shareable and visible to the relevant stakeholders.
Most Individuals and businesses experience day-to-day problems in terms of storing and securing information about the company and individual datas. and also, to pay their employees, companies find it difficult to do that on their own thereby using intermediaries like bank to help in payments. This method is not always convenient for the employees as a result of stress they undergo in banks and also monthly deductions by banks for monthly maintenance charges leaving the employees with little or no control over their accounts and funds in the banks.
Other problems that surfaces are:
4th Pillar
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"The 4th Pillar platform empowers individuals to build a verified professional identity and a decentralized personal crypto savings fund. Simultaneously, it enables organizations to recruit based on automated and verified employment data as well as digitally transfer multiple cross-border payments and work-related documentation. The FOUR token serves as a main value connecting and fueling the 4th Pillar ecosystem."
Source
The 4th pillar is a Human Resources (HR) and financial connecting HUB for organization and individuals. Based on the Ethereum Blockchain and teleportation service, the platform has been able to provide solution to solve day-to-day problems that individuals and organization experience which will also help in reducing the use of paper, ecological footprints and as well as carbon. Other solutions are:
Provision of financial security and a decentralized savings which will allow individuals to transact with each other directly.
There will be provision for a unique wallet system that is capable of sending multiple payment to individuals from the organization giving the employers opportunity to send rewards or tokens directly to their employees without intermediaries like banks.
Provision of Blockchain and HFS based postal services for vital registered documents distribution that will put an end to problems facing private documents distribution. Through this network, document can be securely send from the employer to employees and also allow individuals to gain control over his/her professional documents.
Possibility of recruitment on the basis of verified work history is more or less similar to the solution 3 above which offers a more efficient and elegant medium to send valuable documents.
About Four Token
It is an utility token that serves as an atomic unit for main technical components of the 4th pillar ecosystem.
Four Token Distribution
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