WHAT
IS 4THPILLAR?
The 4th Pillar is a
platform concept that gives back free choice and full control over financial
crypto savings to the people, bypassing the costs of intermediaries. But at the
same time solving the worker’s digital identity problem and private
documentation distribution (i.e. employment contracts, payroll slips, annexes,
CVs, medical reports, performance reports, work history reports). The 4th
Pillar platform will enable organizations to transfer digital value directly,
cutting costs of middle men. It will provide the world’s first truly automated
and validated employee evaluation system, perfect also for all recruiters, in a
discrete manner.
The 4th Pillar project is partly privately and
partly public sale funded employee database and personal savings blockchain
solution platform for individuals and business organizations. Based on the
Ethereum main blockchain, it utilizes smart contracts and wallets that solving
day-to-day challenges of individuals and their employers.
THE BLOCKCHAIN
Blockchain provides a decentralized and 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. Blockchain is made out of a trail of
validated facts. These facts can be anything from money to information. As part
of this digital system of record keeping, each transaction and its details are
validated and then recorded across a network of computers. Everyone who has
access to the distributed ledger receives this information, and the parties
agree on the accuracy before the block is replicated, shared and synchronized
among the entities. A blockchain is virtually impossible to tamper with since
each block of information references the block before it. In an age when trust
is both elusive and held at a high premium, blockchain presents a way to
confirm, validate and authenticate both values and events. Smart contracts are
basically a code, rules written into a digital program, which determine what
happens when digital assets come in, or when certain conditions are met.
The 4th Pillar, empower individuals to build a
verified professional history identity, their personal decentralized savings
crypto fund and at the same time, organizations can send multiple cross border
payments, work-related documentation, recruit based on verified data and help
reducing carbon&ecological footprint with document digitization. The FOUR
token serves as main value, connects and fuels the 4th Pillar ecosystem.
PROBLEMS
- Lack of financial security due to centralized banking, no decentralized savings option and extremely expensive cross border payments.
- No mainstream blockchain service for B-to-C work related document storage, distribution and control.
- No online recruitment platform based on verified data.
SOLUTIONS
- Financial security and decentralized savings, multiple instant cross-border payments with lower cost.
- Environmentally friendly P2P document distribution.
- Digital employee professional identity database with automated evaluation system.
TOKEN DETAILS
- TGE event: CROWDSALE start day
- Token name: FOURTH PILLAR UTILITY TOKEN
- Token symbol: FOUR
- Blockchain: Ethereum
- Maximum number of FOUR tokens issued: 400.000.000 (100%)
- FOUR tokens distributed in public sale: 152.000.000 (38%)
- Decimals: 18
- Initial value: 0.10 €
- Token standard: ERC-20
TEAM
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AUTHOR
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