PutraCryptocurency: The 4th Pillar- CHANGING THE WAY HR INDUSTRY WORKS TODAY

The 4th Pillar concept
The 4th Pillar is a platform concept that gives back free choice and full control over financial crypto savings to the people, bypassing the costs of intermediaries. But at the same time solving the worker’s digital identity problem and private documentation distribution (i.e. employment contracts, payroll slips, annexes, CVs, medical reports, performance reports, work history reports).

Our goal is to provide a new generation platform servicing people, organizations and recruiters, establishing a 4th Pillar service, ensuring a secure and decentralized:

Individual control and received digital assets management
Blockchain personal ledger identity database with automatic non-discriminatory professional identity evaluation
Work-related document through peer-to-peer distribution

DIFIDAES blockchain model

(i.e. 4th Pillar decentralized profesional Identity and financial database with validated automated evaluation system):

Transfer and management of FOUR tokens:
Our simple but effective token transfer feature will enable organizations to reward or transfer FOUR tokens directly to their employees without any intermediaries (e.g. banks), therefore saving time and costs. It gives the individuals a possibility to save some part of the salary, yearly bonus or other income in their own personal savings font wallet.

Blockchain professional identity employee decentralized database with validated automated non-discriminatory evaluation system:
The heart of the project lies in database of individuals with secure digital blockchain ID, which is a long-term solution equivalent to a current passport. It enables individuals to store their work history securely for long periods of time, to provide them in the future, when switching jobs. External users of the 4th Pillar platform will also have the possibility to browse through the 4th Pillar ecosystem and anonymously discover individuals based on their location, work expertise, years of experience and current employment status.

Business concept, token value and token flow
The 4th Pillar revenue model:
The 4th Pillar business concept is founded on the following revenue channels:

4th Pillar organization earns gas fees from the FOUR token blockchain transactions
4th Pillar organization sells FOUR tokens to organizations for their employee rewards and gas money
4th Pillar organization sells platform subscriptions to organizations, recruiters and Human Resources agencies

Research and Strategy

Measure everything, try new things, and learn what works. We want to show community and audience our value differentiation, strength of our team, and to ultimately understand the demographics and the key messages we will convey and how will they resonate.

Regulatory compliance

Regulatory and legal compliance for European region will be prepared by our project’s law firm Jadek & Pensa, based in Ljubljana (Slovenia). We are cooperating with their blockchain legal experts, which is an innovative and forward looking highly respected law firm. They provide comprehensive and straightforward legal advice that is essential for a field as dynamic as blockchain.

Personal data protection
We are firmly committed to protect collected and processed personal data and designing our platform incompliance of individual’s personal data privacy, which will be protected at the highest level. We will make sure that all processes of individual’s personal data will be audited and acquire certifications of our conducts, processes and security measures regarding personal data by respective certification authorities under the EU General data protection regulation.

KYC policy
KYC (Know Your Customer) is the process of a business identification and client’s identity verification. KYC includes procedures of primary identification of customers from financial institutions and companies acting as cryptocurrency exchanges. Strict compliance with the KYC policy protects the customers and us from criminal elements such as money laundering or terrorism financing. As security transaction is our main priority we keep a high standard of costumer identification and provided information verification.

Anti-Money Laundering policy
The 4th Pillar ltd. recognizes the importance of preventing money laundering and terrorism financing and commits to the highest standards of Anti-Money Laundering and Combating Terrorist Financing (‘AML/CTF’). The 4th Pillar ltd., headquartered in Slovenia, is subject to applicable legislation designed to prevent AML/CTF.

Financial forecasts and budgets
We have created 3 financial forecasts depending on fund raising ability. All financial forecasts are prepared for 4 year period year and are based on organization development in terms of Headcount (Full Time Equivalent). In all forecasts 4th Pillar Organization is sales driven, selling services and tokens of the HR Blockhain Platform.

Hard Cap - 12M capital will be raised through the TGE process. Most realistic forecast.
Mid Cap - 5M capital will be raised through the TGE process. Modest forecast.
Soft Cap - 2M capital will be raised through the TGE process. Pessimistic and conservative forecast.

Market overview
Cryptocurrency global total market capitalization has increased dramatically in the last three years. The total market cap of the year 2014 was barely 10 billion dollars, increasing to 190 billion in November 2017 and reached over 600 billion at the end of 2017. (Coinmarketcap.com).

According to Statista, statistics show the growth in value of the European alternative finance market (i.e. cryptocurrency markets) from 2012 to 2015. The market grew year-on-year, from the level of 487 million € in 2012 to more than 5.4 billion € as of 2015. It is expected that 10% of global GDP will be generated on blockchain by 2025.

The global employment and recruitment industry continues to show solid growth, increasing both the depth and scope of its HR solutions and supporting around 72 million people worldwide to access work each year. According to the Ciett’s 2016 Economic Report global annual sales revenue reached 450.4 billion €, an annually increase of 8.6%. The global recruitment process outsourcing market is forecast to grow at a compound annual growth rate of 17.66% from 2017 to 2021, according to the recent reports (Technavio - Infiniti Research Ltd., (2016) Global Recruitment Process Outsourcing Market 2017-2021).

Taking all that in consideration, the blockchain technology, cryptocurrencies, peer-to-peer business models and tokenization models will be interesting products for the HR industry in the near future. Despite of use of current digital recruiting employees recruitment possibilities, according to Forbes employers still spend approximately 4,000 $ per candidate for interviewing, scheduling and assessment of choosing the right candidate. Besides, Forbes states that the entire recruitment market is worth over 200 billion $ worldwide and nearly every employer is a participant. The use of the 4th Pillar employee database and personal savings blockchain solution platform for individuals and business organizations will therefore result in saving great amount of time and money.

Token public sale & TGE
We strongly believe that the project should raise only what’s needed to accomplish the goal, that’s why this is a capped TGE (i.e. token generation event) with a SOFT CAP of 2 million € (i.e. if the SOFT CAP is reached, the complete plan will be executed on the SE European market) and a maximum cap of 12 million € (i.e. if the HARD CAP is reached, the complete plan will be executed on the European market).

TOKEN DETAILS:

TGE event: CROWDSALE start day
Token name: FOURTH PILLAR UTILITY TOKEN
Token symbol: FOUR
Blockchain: Ethereum
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 €
Token standard: ERC-20

Not just an idea
One of the fundamental values in business and personal relationships is trust. We are not a startup, but an expert team of 30+ people. Our first activities started back in 1995, when we obtained a first concession from the Ministry of Labour.

TEAM
CEO

TALI REZUN, co-founder, CEO
Tali started his entrepreneur career in the year 1998, specializing in various fields from investment, human resources, online marketing etc. Currently he is finishing his doctorate specializing in online brand development, SEO and Social Media Marketing. Overwhelmed with Bitcoin and blockchain, he brought the idea behind the 4th Pillar to light.

DUŠAN LAZAR, co-founder, CEO
Dušan has over 25 years of experience in various businesses as a CFO, CEO and HR recruiter. He has successfully created, helped, consulted and led many start-ups as well as corporations. For the past 10 years, he has been the co-founder and CEO of Naton HR and WS – one of the largest HR agencies in Europe.

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