The 4th Pillar, allow people for building a verified professional history identity and also their personal decentralized savings crypto fund. Furthermore, organizations are capable of sending number of cross border payments, documentations related to work, verified data based recruitments while minimizing ecological & carbon footprint with digitization of documents. The FOUR token is considered as the key value which connects and fuels the ecosystem of 4th Pillar.
Major Problems and Solutions
Problems
• For B-to-B and B-to-C work related sensitive document distribution storage and control, there is no mainstream blockchain service.
• Online recruitment platform based on verified data is not available.
• Due to centralized banking there is lack of financial security.
• No decentralized savings option.
• No cryptocurrency wallet system to manage multiple transfers.
• Very expensive and time-consuming cross border payments!
4th Pillar solutions
• Instant multiple cross-border payments with lower costs.
• One of a kind innovative blockchain & IPFS based postal service for sensitive registered document distribution.
• Environmentally friendly P2P communication.
• Financial security.
• Decentralized savings.
• Unique wallet system.
• Employee professional identity database is digital and has an automated evaluation system.
• Possibility to recruit based on verified work history.
FOUR Token
To permanently give people as 100% utility token, FOUR token will be there. FOUR token gives entry to services related to professional identity verification and serves as key value and gas in a token-based decentralized ecosystem. Moreover, FOUR token denotes a unit in the network. The higher the network develops, greater the utility in the token. FOUR Token can serve as a very significant part and valuable addition as it is designed and embedded in the blockchain infrastructure.
As Main Component of 4th Pillar Economy
The platform will use token teleportation service (TTS) and Ethereum blockchain with the combination of 4th Pillar scalable cloud servers. FOUR token as its key value and gas will be used by the 4th Pillar complete token economy.For Platform Usage
FOUR token is needed to fuel the transactions, to access the database and to send digital value and to use the 4th Pillar platform. For using 4th Pillar blockchain, there is a minimal amount of gas fees in FOUR tokens.For Community Incentives and Rewards
Platform will give individuals the opportunity to reward first early adopter organizations and gain FOUR tokens for positive incentives. A million euros in FOUR tokens will be allocated for this.A B-to-B Payment Method and Subscription
4th Pillar organization is capable of selling FOUR tokens directly to the organizations. It is sold in EUROs based on the day-to-day market price. With that, the complicated FIAT / CRYPTO exchange process will be eliminated.As Main Revenue Mechanism
FOUR tokens in EUROs are sold by the 4th Pillar organization to organizations at the market price.
Early adopters and partners
• ZZI - Strategic & Development partner
• WORK SERVICE – HR partner & early adopter
• PROHUMAN – HR partner & early adopter
• ENLOYD – HR partner & early adopter
• ATON HR – HR partner & early adopter
• TEHNIKA TEMP&PERM – HR partner & early adopter
• JADEN & PENSA – LEGAL partner
For More Information Visit :
• Website : https://www.the4thpillar.io/
• Telegram : https://t.me/the4thpillarofficial
• Facebook : https://www.facebook.com/The4thPillarLtd/
• Twitter : https://twitter.com/the4thpillarltd
• Bounty : https://bountyhive.io/browse/4th%20Pillar
• Referral Link : bountyhive.io/r/Crypbull
• Bountyhive Username : Crypbull
Author details
Isuru M Kularathne