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.
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Research shows that at least 50% of the world population is employed and that means their are tones of employees out there and they are being paid and also mostly all of them save. It is hard to imagine how big the companies pay banks to make this transactions to pay their employees and most times payments don't reach employees on time. Also In this digital world organizations still share important documents between employer and employee in the old version way which is not safe most times.
The 4th Pillar found these challenges faced by organizations and employee
FINANCIAL SECURITY AND SAVINGS
There are three major problems faced by organizations and individuals, these problems are based on the financial institutions we entrust our funds in and the currency we use for savings.
Intermediaries like banks and centralized organizations take fee to process payments from organizations to process payment. The 4th Pillar want to eliminate the intermediaries in the payment system of organization. The blockchain provides a safe and trusted platform of payment without intermediaries. This payment system will be completely automated and fast more than the traditional banking systems.
We entrust in the same organization that process our transactions to control our savings on their own terms. The 4th pillar want to give individual control over their savings and also control over their funds. individual will be able to save based on their own terms. Also nobody will take fee from individuals while saving for them.
We mostly save with our Fiat currency. Nowadays Fiat currencies are being devalued everyday. Fiat currencies just sit in the bank account without value or being invested. The 4th Pillar has created has created the FOUR token to serve as the 4th pillar internal currency. Saving with a cryptocurrency can make a lot of profit for individuals. We have all seen cryptocurrency gone from 2% to 200% increase. This will bring a good money saving and money holding platform based on users terms.
DIGITAL EMPLOYEE PROFESSIONAL DATABASE WITH AUTOMATED EVALUATION SYSTEM.
In this digital we share our digital professional identity every now and then but we don't have control over it's privacy. We can't decide we it should be and where it should not. The 4th Pillar want to provide a platform where digital identity are privately saved and shared. Also the platform will provide a fully automated and unbiased recruitment system. This is one of the goal of The 4th Pillar to provide a nondiscriminating employment system.
PEER-TO-PEER DOCUMENTATION DISTRIBUTION
Organization face the problem of privately sending important documents like, employment contracts, payroll slip, work annexes, performance reports, work history etc. to workers. These reports are sent to employees at least once a month in a sealed envelope. The 4th Pillar want to provide a platform where these type of documents can the sent securely from the organization to their employees. This will also give both the Organization and individual control over their documents sharing and security.
GOALS
With these problems , The 4th Pillar come up with a goal to:
Ensure a secure and decentralized individual control and receive digital assets management
Create a secure and decentralized Blockchain personal ledger database with automatic, non-discriminating professional identity evaluation
Ensure a secure and decentralized work-related document through peer-to-peer distribution.
These goals bring about the creation of the FOUR token which will serve as the internal currency of the 4th Pillar application.
THE FOUR TOKEN
• The 4th Pillar (FOUR) tokens will be atomic units and internal currency of the 4th Pillar
application
• All 4th Pillar transactions, gas fees and personal fond token transfers can be paid in
4th Pillar utility (FOUR) token.
• DAPP (decentralised application) – Front-end html gateway
to the blockchain database - www.the4thpillar.com
• ERC-20 FOUR token
• Ethereum blockchain
• Smart contracts
• Smart contract teleportation token service
• IPFS distributed web, peer-to-peer hypermedia protocol
• HTML5 project public sale webpage - www.the4thpillar.io
TOKEN DETAILS
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
For more information
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Thanks for reading I'm Samkol on https://bountyhive.io/join/4th%20Pillar?from=Samkol