The current recruiting system and employment process is faced with numerous irregularities and partiality, ranging from endorsement from those in authority references and also bribing.
With the increased population if humans around the globe it, the work of an HR personnel becomes increasingly tiring and tedious as there are more and more cvs to now attend to in their quest to make their work easy they seems to go for those who can buy their way into the system through bribe and endorsement from people in authority instead of going through the normal process of going through the CV to be able to pick the best man for the job.
Also connecting numerous people in the financial industry becomes a force to reckon with as it is now uneasy to transact between organization and individuals.
THE EXISTING PROBLEM IN THE HUMAN RESOURCES (HR) AND FINANCE INDUSTRY
Some of the problem in both industries that isn’t highlight in the above paragraph includes:
• Lack of financial security due to centralized
banking.
• No decentralized savings option.
• No cryptocurrency wallet system capable of managing multiple transfers.
• Extremely expensive and time-consuming cross-border payments.
• No online recruitment platform based on verified data.
THE FOURTH PILLAR
The 4th pillar is a human resources (HR) and finance connecting HUB for individual and organizations built with over 22years of experience. Based on the ethereum blockchain and teleportation service, the platform utilises smart contracts, wallets and IPFs protocol to solve day-to-day problem experienced by individuals and their employers. The solution drastically reduce the use of paper as well as help reduce the carbon and ecological footprint.
WHAT 4TH PILLAR OFFERS
The 4th pillar offers innovative blockchain solution like:
- Possibility of recruitment based on verified work history.
- Wallet system capable of sending multiple payments from an organization to the individuals.
- Blockchain & IPFs based sensitive document distribution and new registered postal service.
The fourth pillar is embacking on a mission to improve and revolutionize the current recruiting system and employment process by solving precious resources, cutting unnecessary costs, solving day-to-day inefficiencies and overall empowering individuals, employers and organization with vast array of digital solutions.
THE FOURTH PILLAR SOLUTION
The fourth pillar aim to bring decentralized savings to the financial industry and enhance financial security. The unique wallet system and instant multiple cross-border payment system with lower cost will solve the problem of the existing extremely expensive and time-consuming cross-border payments.
The problem of no online recruitment platform based on verified data can be solved by digital employee professional identity database with automated evaluation system.
The fourth pillar aim to distrupt the many powers of the intermediaries by creating a blockchain that will eliminate intermediaries and make transaction easy and less costly.
THE FOURTH PILLAR BLOCKCHAIN
The 4th pillar aim to use blockchain as it provides a decentralized and secure shared digital ledger, which gives participating parties a way of validating information related to a transaction. In doing so, it speeds up the process and cut out intermediaries and costs. Blockchains are made out of trial of validated facts. These facts can be anything from money to information.
THE FOURTH PILLAR BUSINESS AND TOKEN MODEL
TOKEN DETAILS
The fourth pillar token is called the FOURTH PILLAR UTILITY TOKEN. The fourth pillar will be based on the ethereum blockchain. The 4th pillar distributes about 152,000,000 four token during the public sales.
THE COMPETITION COMPARISON
The competition comparison table is shown below
source
ROADMAP
Read more about 4th pillar on
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