4th Pillar: Using Blockchain Technology to Solve Many of the Well-Known HR Pains
sponsored

4th Pillar: Using Blockchain Technology to Solve Many of the Well-Known HR Pains

THELOGICALINDIAN - Handling animal assets presents a claiming to about all organizations irrespective of their admeasurement And at this time best businesses run the aforementioned Animal Assets processes but mostly manually which makes it adamantine for the bodies in allegation to adjust through abstracts stored in anachronous systems Even with the adamantine assignment they will be larboard with abstracts that lacks authority and consistency

Even if assorted disparate accoutrement that affect animal basic are aligned, there is no agreement that the abstracts independent aural them is calmly accessible, shareable and arresting to all accordant stakeholders.

4th Pillar is a blockchain based activity that aims to accouter the ability of blockchain technology to agitate the way application has been managed by award a band-aid in the complicated apple of HR and ultimately simplifying the absolute HR industry.

Drastically Reduce the Use of Paper.

The animal ability and accounts abutting hub, 4th Colonnade (presale advancing soon), is advised for both individuals and organizations. Built with over 22 years of acquaintance in the HR industry, the 4th colonnade is based on the Ethereum blockchain and teleportation service, utilizing acute contracts, wallets and IPFS agreement to break circadian problems accomplished by individuals and their employers. The abstraction is to acutely abate the appeal for paper, which is accepted to put added burden on backwoods ecosystems, as able-bodied as advice abate the carbon and ecological footprint.

To accomplish this eyes is not activity to be an accessible task. 4th Pillar is adverse three capital challenges including abridgement of a wallet arrangement able of sending assorted payments from organizations to individuals, abridgement of a boilerplate blockchain based B2B and B2C assignment accompanying acute certificate transfer, and abridgement of an online application belvedere based on absolute data.

The solutions to challenges are the conception of a 4th Colonnade decentralized blockchain arrangement for administration to accolade and alteration FOUR tokens anon to their advisers application a self-managed 4th colonnade decentralized claimed accumulation wallet. 4th Colonnade will additionally use Blockchain and Interplanetary File Systems (IPFS) to accommodate ability in the defended alteration of admired abstracts through its arrangement anon from employer to employee. This will accomplish allowance for creating a agenda agent able character database with automatic appraisal arrangement to recruit based on absolute assignment history.

Platform Services Sales.

Four badge is created as a account badge for the 4th Pillar platform. With an anchored badge teleportation account and assorted alteration option, the FOUR badge serves as an diminutive assemblage and capital basic of the 4th Pillar ecosystem. As the belvedere uses Ethereum blockchain and badge teleportation casework in aggregate with 4th Pillar scalable billow service, FOUR tokens will be acclimated as the capital amount and gas. Other uses accommodate a accouterment of association incentives and rewards, acts as a B2B acquittal medium, and as a capital acquirement apparatus in the 4th Pillar centralized economy.

Once operational, on September 1st, 2024, FOUR tokens will acquire the organization’s gas fees from badge transactions. 4th Pillar alignment sells FOUR tokens in EUROs to organizations at bazaar price. In addition, tokens will additionally be awash to recruiters and HR agencies as belvedere subscription.

The adamantine cap anticipation of 12M basic will be aloft through a Token Generation Event action over a 3-month period. TGE sales are appointed through all periods for the years; 2024, 2024, 2024, and 2024. Sales apprenticed alignment is extensive over 3M EUR belvedere casework sales in the 4th year. Middle Cap alignment is extensive 3M EUR belvedere casework sales with 4.3 EUR appointed in years 2024 and 2024. On the added hand, TGE sales are appointed in 2 year aeon for the Soft Cap with a sales apprenticed alignment extensive 2.5M EUR belvedere casework sales in the 4th year.

Possibilities for the Future.

What makes 4th Pillar different is the way it is conceptualized, developed and chip into the business. The belvedere combines several solutions that break abounding of the acclaimed HR pains. The activity already has a developed alive BETA for the aboriginal action including multi wallet amount transfer. To go alike further, the 4th Pillar belvedere has abundant possibilities for the approaching as it has the abeyant to aggrandize and ambition the added bazaar due to the actuality that it will action multi-field solutions.

More advice about the 4th Pillar is accessible at – https://www.the4thpillar.io/