Friday, March 23, 2018

4th Pillar: Blockchain-Based Human Resources Platform



The HR solutions market faces further change
In the last 8–10 years, HR Technologies have seen their fair share of change. The market has seen disruption; HR solutions have moved to subscription-based models on cloud platforms; organizations are emphasizing mobile-first strategies; employees expect consumer-grade digital services.
 The next 5 years will continue to challenge our ability and agility to innovate — to continually re-invent the customer experience, to embed advanced analytics and social media. At the same time, the next wave of disruption will always loom on the horizon.

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.

As a cross-industry disruptor, Blockchain has the potential to reshape the HR technology landscape

A recent Gartner report “Hype Cycle for Emerging Technologies 2016” (August 2016) ranked blockchain highly in terms of expectations. It indicated blockchain technology has potential to kick-start a platform evolution or revolution within the next 5–10 years.

Blockchain is to value what the internet is to information. Currently blockchain is mostly known as the backbone technology behind Bitcoin and is one of the hottest and most intriguing technologies in the market. Similar to the rise of the internet, blockchain has the potential to truly disrupt multiple industries and make processes more secure, transparent, and efficient.

In essence, blockchain provides a decentralized and secure 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 middlemen.

What really interests us, and is the purpose of this blog, is to share how innovators and entrepreneurs are using blockchain technologies to improve the exchange of information which forms the framework for the employer-employee relationship.

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.

FOUR token will be here to permanently serve you as 100% utility token. FOUR token provides access to professional identity verification-related services and serves as main value and gas in a decentralized, token-based ecosystem. FOUR token also represents a unit on 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 and valuable addition. 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. FOUR token will be used on the 4th Pillar platform.

152,000,000 (38%) FOUR tokens are intended for public sale
152,000,000 (38%) FOUR tokens will form the 4th Pillar vault. The 4th Pillar vault will be a valuable part of the 4th Pillar ecosystem, key essential for system operation and a source for B-to-B FOUR token sales. For easier and quicker platform adoption, 4th Pillar vault will sell FOUR tokens to organizations in EUROs at market price.

50,000,000 (12.5%) FOUR tokens are held by the founders and the team, but VESTED for a period of 12 months and gradually released monthly according to the 12-month cliff plan
29,000,000 (7.25%) FOUR tokens are intended for the advisors
10,000,000 (2.5%) FOUR tokens go to the contributors, who helping with the project
7,000,000 (1.75%) FOUR tokens are reserved for the bounty. Bounty tokens will be distributed for community building and sales incentives for pre-sale contributors.

For more information visit:

Website: https://www.the4thpillar.io/
Whitepaper: https://www.the4thpillar.io/documents/whitepaper.pdf
Bounty: bountyhive.io/join/4th%20Pillar

Author: Cristina ngocok

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About The Geoma DAO The Geoma DAO ,through the Geoma Dao Association, is a strong advocate for Blockchain Technology and its implemen...