Exchanging sensitive documentation or merely digital assets should be as easy as exchanging information. Blockchain technology proposes the ideal foundation to make this a reality. To address this issue we have developed a safe, fast and inexpensive blockchain-based solution, a future way of sensitive document exchange and eDelivery. Our technology was created so it could replace the traditional distribution services and actively reduce costs. We are building Individual Digital Identities by verifying wallet accounts through sensitive document exchange and KYC. With the creation of self-sovereign identities, we can simplify the identification process as it will be based on measurable data and proven facts. To go even further, FOURdx can reduce the usage of paper and actively help the environment. The applications of our protocols are limitless, as they could be applied to any industry.
The 4THTECH products combine several advanced technologies and deliver first blockchain-based EU compliant solutions. What makes us unique is the way our infrastructure is conceptualized, developed and integrated into the business. Our products are blockchain-based and combine several digital solutions that solve many well-known document exchange and identity challenges. 4THTECH solutions have great possibilities for the future and the potential to expand. Our infrastructure combines functions and functionality that are not offered by anyone in the market today and can be easily applied to any industry.
4THTECH infrastructure currently consists of four finished blockchain-based products; (1) FOURdx (i.e. document exchange protocol/eDelivery); (2) FOURid (i.e. digital identification mechanism); (3) 4THTECH ADD-ON (i.e. Google-extension with build-in asset management); (4) FOUR-TOKEN, and; (5) HI-WISE (i.e. hardware & mobile wallet of the future).
FOURdx is a protocol that allows its users to exchange and safely store sensitive digital assets among each other without any intermediaries. FOURdx blockchain-based multiple wallet and document management system is capable of: (1) connecting senders and receivers by executing document exchange; (2) performing eDelivery based on the current EU legislation, and; (3) archiving securely encrypted data storage. FOURdx protocol is designed and build based on blockchain-technology, tested on KOVAN network and implemented on ETHEREUM main net in Q3 2018. Designed and build from the ground-up in Solidity the product is fully operational, compatible and ready for implementations.
The 4THTECH ADD-ON is a Google Chrome extension wallet, that allows you to visit the distributed web of tomorrow in your browser today. It is one of our main innovations, a first system on the market capable of handling not only digital assets but also other assets such as links to encrypted files or documents. Designed and build from the ground-up, the ADD-OD is fully operational and also offers a secure identity vault, providing a user interface to manage FOURid identities and sign blockchain eDelivery transactions. A 4THTECH ADD-ON can be comparable to a bank account. It contains a pair of public and private cryptographic keys. A public key allows for other wallets to execute eDelivery to the desired wallet’s address, whereas a private key enables the description of documents from that address.
The FOUR-TOKEN has been created as a 100% utility token, an atomic unit and technical component, combining three unique main features; (1) embedded token teleportation-service; (2) multiple-transfer option, and; (3) main value and “gas” in a decentralized, token-based 4THTECH ecosystem. To use the FOURdx, eDelivery service, the FOUR tokens are needed to fuel the transactions. The number of tokens is fixed, thus, there cannot be any inflation effect. As the adoption of the 4THTECH network and FOUR-TOKEN transaction volume within the network grow, the demand for the FOUR token increases.
More information:
https://the4thpillar.io/https://the4thpillar.io/technology/https://www.the4thpillar.io/documents/whitepaper.pdf
