Technological integration in the business sectors has changed the ways the businesses used to function in the past. Especially the use of internet has changed the business techniques significantly, as the entire structures within the business have been reshaped by the grace of the online service system. Now, businesses can be able to function more freely and they can do all their transactions without using the tons of paper-based document system and financial legislation. The major technologies that have made it all possible are the Artificial Intelligence, digital currency, digital wallet and finally but most importantly the Blockchain. These technologies are the main catalysts which have made the global business system, completely online and have ensured the maximum data security within business platforms. Financial systems of businesses have experienced significant growth by integrating these technologies within business platforms, but still, companies at present do not utilize these technologies for other major functionalities of their business. The cause may be their lack of knowledge about these technological advancements or their misconceptions. They might not have considered the infinite possibilities they might have achieved by using these technologies within their other systems apart from the financial structure, but the 4TH PILLAR has.
The 4TH PILLAR online service platform has been designed in such a way that it can be able to help the HR & Finance Hub of the businesses. For this, they have integrated all the major technological enhancements to their platform. They are the one who is dedicated to change the world business system completely by using their platform to solve the limitations of the market. They are committed to change the traditional HR system as well finance hubs of businesses by providing them with the help of an autonomous platform, digital currency or cryptocurrency, digital wallet and the security of Blockchain technology.
If you wish to know more about their technologies, then visit, https://www.the4thpillar.io/ , or, read their whitepaper from, https://www.the4thpillar.io/documents/whitepaper.pdf .
The Technologies within the 4TH PILLAR
4TH PILLAR uses a variety of technologies within their platform to provide the better user experience. These technologies are the greatest inventions modern science for business organizations. The names of these technologies are the following,
- Digital Wallet
- Blockchain and IPFS
- An Automatic Professional Identity Evaluator
- Digital Wallet
The Laravel (PHP) framework is the one on which the 4th Pillar platform is built on. A user needs a browser with a web3 provider like; MetaMask, to log into the platform and create a digital wallet. In the later stage, 4TH PILLAR Add-On will be used. By the first click on the login button, users can log-in in the platform. A popup is to be opened on MetaMask, which requires a text signature with a private key. This signature is sent through the AJAX request to the server-side platform which is Laravel to validate the signature after the private key is entered. Soon after validating the signature, the user is logged into the platform and he/she has to fill in the KYC form of 4TH PILLAR. Vue JS is the main component which by which the 4 TH PILLAR digital wallet is made. This wallet allows the application to be reactive and for that, the organization uses Vuex. Simply to say, it starts to works by initiating the web3 token smart contract at the Vuex store and concurrently runs a script monitor which oversees changes related to Blockchain.
The advanced digital wallet of the 4TH PILLAR can be used for receiving or sending crypto-tokens via the smart-contract system. The smart-contracts connect with the authenticate users and thus make the overall transaction process safe and secure. The users can send FOUR tokens from anywhere in the world through a secure network and can receive the tokens in the same network gateway. As the entire system of the digital wallet currency transfer is free from any intermediaries, so there is almost no risk of financial exploitation and the users have to pay a minimal amount of service fee for using 4TH PILLAR network for their transactions. - Blockchain and IPFS
The Blockchain has made the entire platform decentralized and has created a safe ecosystem for data management within the 4TH PILLAR platform so that the users and the company owners both do not have to worry about their privacy and their profile’s security. The Blockchain is also integrated with IPFS or InterPlanetary File System. This system helps the users to manage their documentation system. if an individual or an organization desires to send documentation, then they must select the document first and let the 4th Pillar platform encrypt it with the public key for the user that is stored in the user database. After this, the document is sent to IPFS through INFURA. INFURA allows a secure, reliable and scalable access to the IPFS gateway. Then the IPFS provides the user with the “hash” of the saved location and lets the document to be submitted to the system. This hash then integrates with a smart contract which is saved on the Blockchain and can be accessed by the recipient. After that, the user receives the previously mentioned hash and can be able to download it from IPFS. This hash can be decrypted by using the user’s private key which is saved in the browser’s Add-On or later using a mobile app. - An Automatic Professional Identity Evaluator
4TH PILLAR automatic non-discriminatory professional identity evaluation can be done by the following process,
a. A Verified professional identity-generation tool: To generate the evaluation for individuals.
b. Search tool: To enable employers and recruiters to search the individual job seeker in the 4TH PILLAR database.
The platform has a MySQL database integrated within it, which will be able to collect data and parameters for every employee. The system will retrieve these dossiers from employers and then 4TH PILLAR data system will import them and update them regularly. The platform has the ability to queue the parameters and restore them accordingly.
4TH PILLAR Token and ICO
The 4TH PILLAR token details can be shown in the following manner,
• TGE event: CROWDSALE start day
• Token name: FOURTH PILLAR UTILITY TOKEN
• Token symbol: FOUR
• Blockchain: Ethereum
• A maximum number of FOUR tokens issued:
• 400,000,000 (100%)
• FOUR tokens distributed in public sale: 152,000,000 (38%)
• Decimals: 18
• Initial value: 0.10 EUR
• Token standard: ERC-20
The ICO phases of 4TH Pillar can be described by the following segments,
• Early Contribution
• Pre-Sale Contribution
• Crowdsale
Early Contribution
• Start date: 20. 01. 2018 – end date: to be announced
• Min Contribution: 20 ETH, max contribution 100 ETH – 50% bonus.
Pre-sale Contribution
• Start date: to be announced – end date: to be announced.
• 30% bonus.
Crowdsale
• Start date: to be announced
• Bonus: no bonus
So, from the above descriptions, we can say that the 4TH PILLAR platform is a high-tech platform which has all the potentials to manage the HR works as well as finance hub accordingly and has the capability to analyze, filter and store data through their highly advanced database system. So, join this revolutionary cause and be a part of this exceptional organization.
You can join their ICO by registering through their website, https://www.the4thpillar.io/ .
To know more about their ICO you can read their lightpapaer from, https://www.the4thpillar.io/documents/4thpillar_lightpaper.pdf
Do you want to know more about the 4TH PILLAR then visit the following links,
• Company Website: https://www.the4thpillar.io/
• Whitepaper Link: https://www.the4thpillar.io/documents/whitepaper.pdf
• Lightpaper Link: https://www.the4thpillar.io/documents/4thpillar_lightpaper.pdf
• Bountyhive: https://bountyhive.io/browse/4th%20Pillar
Do you want to know, what people think about 4TH PILLAR then join and subscribe the following links,
• YouTube Channel: https://www.youtube.com/channel/UCcMkIrVUJoILdEpA4An0Sog
• Medium: https://medium.com/the4thpillar
• Steemit: https://steemit.com/@the4thpillar
• Reddit: https://www.reddit.com/r/4th_Pillar/
• Github Pages: https://github.com/The4thPillarOfficial
• Telegram Group: https://t.me/joinchat/Hv2QVBEi2yIsGK62l9szpw
• Facebook Group: https://www.facebook.com/The4thPillarLtd/
• Twitter Pages: https://twitter.com/the4thpillarltd
• BitCoinTalk Thread: https://bitcointalk.org/index.php?topic=3038672.0;all
• User Name: kathrynSston
• Referral Link: http://bountyhive.io/r/kathrynSston
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By reading this article, I have learned about the revolutionary projects for HR and Finance hub, initiated by the 4TH PILLAR. The project is so remarkable as well as integrated with so many amazing technologies, which is really impressive.
Is it the strongest pillar?