Human Resources solutions, blockchain based platform? Yes, 4th Pillar, a new partly public and partly private sale funded project is an employee database and personal savings solution platform for individuals and business organizations. It is based on the Ethereum main blockchain and uses smart contracts and wallets.
4th Pillars main uses are
• Storing and using of employee history in a blockchain ledger withthe automatic evaluation system.
• Expensive cross-border payment processes and bonus transfers solutions
• Solution for modern blockchain & IPFS distribution of work-related documentation.
FEATURES OF 4TH PILLAR
4TH PILLAR WALLET : This digital wallet will enable all individuals the control and management over received digital assets and work-related documentation.
4TH PILLAR DATABASE : The database is the hub where blockchain personal ledger identity database with automatic non-discriminatory professional identity evaluation is stored and used.
4TH PILLAR DOCUMENT DISTRIBUTION : Work-related document through peer-to-peer distribution.
WHAT IT AIMS TO DISRUPT
The EU population of 540 million, there were 215 million active employees. 4th Pillar affirms that it is impossible to even imagine the volume of printing paper used the entire process, such as payroll slips, CVs, etc., not including the value of commissions paid to all banks.
Hence, digitization in the HR industry is paramount.
The solution is to have a blockchain based platform that will provide a secure shared digital ledger which gives participating parties a way of validating the information related to a transaction. In doing so, it speeds up the process and cuts out any intermediaries and costs.
TOKEN AND ICO DETAILS
4th Pillar has introduced the token FOUR which will be atomic units and internal currency of the 4th Pillar application. All 4th Pillar transactions, gas fees and personal token transfers will be paid in 4th Pillar utility (FOUR) token.
Token : FOUR
PreICO Price 1 FOUR : 0.1 EUR
Price 1 FOUR : 0.1 EUR
Bonus : Available
Platform : Ethereum
Accepting : ETH
Minimum investment pre-sale : 5 ETH
Soft cap : 2000000 EUR
Hard cap : 12000000 EUR
Country : Slovenia
Whitelist/KYC : KYC & Whitelist
FUNDING PHASES
*PHASE 1 - Funding (2017)
At phase 1, the project obtained funding from the founders, approximately 1 million € was spent for idea development, legal audit, blockchain audit, tax audit, team establishment, marketing, TGE process, development of DAPP concept and BETA platform.
*PHASE 2.1 - Funding starting 20. JAN , ending MAR 2018
The project will be gathering early contributor capital in ETH, and early contributors will be rewarded with 50% token bonus. Minimum contributions in the early contribution phase is 20 ETH.
PHASE 2.2 - Funding starting MAR and ending APR 2018
The project will be entering pre sale at this time and the contributors will be rewarded with 30% token bonus. Minimum contribution during pre sale phase is 5 ETH.
PHASE 2.3 - Funding starting APR 2018
Start of the project Crowdsale. There will be no minimum contribution cap in the crowdsale phase.
CONCLUSION
4th Pillar promises to provide financial security and decentralized savings, multiple instant cross-border payments at a subsequent lower cost which makes 4th Pillar an interesting online recruitment platform based on verified data of digital employee professional identity database with automated evaluation system.
For more details visit
Webiste:https://www.the4thpillar.io/
Whitepaper:https://www.the4thpillar.io/documents/whitepaper.pdf
Published By:karanj
Btalk Profile:https://bitcointalk.org/index.php?action=profile;u=1030341
Bountyhive link : bountyhive.io/join/4th%20Pillar
