The 4th Pillar project in regards to competition

“We have a clear business model (i.e. collecting fee in FOUR token gas), we have a working BETA, we are coming from real business and we know specific industry needs!”

What makes us unique is the way our product is conceptualized, developed and integrated into business. Our product — the 4th Pillar platform — is blockchain-based and combines several solutions that solve many of well-known HR pains. Three of four founders are HR experts, working in the human resources industry for several years as executives and leaders. Their experiences and understanding of the HR field are the base for our platform supported solutions. To go even further — The 4th Pillar platform has great possibilities for the future as it has the potential to expand and target the wider market due to the fact that it will offer multi-field solutions. The important difference that separates us from the rest is the fact that our platform is not just an idea. We have already developed a working BETA for the first function — Multi wallet value transfer.

Unique solutions such as:

• New blockchain & IPFS based postal service for sensitive registered document distribution.

• Wallet system capable of sending multiple payments from organization to individuals.

• The possibility of recruitment based on verified work history.

Sensitive registered document distribution will enable users to send sensitive documents (i.e. payslips, contracts, medical reports) peer-to-peer safely and in confidence. Documents will be encrypted and accessible only with an individual’s private key, making transfers very secure. Documents will be sent via IPFS system, links to documents distributed through the blockchain. Since a part of documents distributed is work-related based, documents individual archive will also be a base for automatic non-discriminatory professional identity evaluation system.

Value transfer is another function 4th pillar offers. Value can already be transferred using our FOUR token and our complex wallet system, adapted for organizations (BETA: https://the4thpillar.com/ ). FOUR tokens are essential for The 4th Pillar eco-system. The FOUR token is designed so, that it enables organizations to make multiple payments in a click of a mouse. FOUR token serves as main value and gas in a decentralized, token-based ecosystem. FOUR token also represents a unit of the network. The bigger the network grows the more utility in the token. Designed and embedded in the blockchain infrastructure, it can serve as a very important part of the blockchain and be a valuable addition to its ecosystem. As the adoption of the 4th Pillar network and FOUR token transaction volumes within grows, this creates and drives further demand for the FOUR tokens.

As part of non-discriminatory professional identity creation tool, automatic non-discriminatory professional identity evaluation system is objective. Its evaluation bases on hard-facts (i.e. education degree, additional certified knowledge, work succession rate, years of service, etc.). These parameters will be defined as they get through the development process since they might be further specified by the local legislation. We did not base our evaluation system on subjective natured facts such as endorsements and recommendations. That is what makes a big difference between us and everyone else.

Jan Jordan Franges