Sunday, April 1, 2018

TRUSTLOGICS

TRUSTLOGICS
Blockchain For Trusted & Secured Professional Data
The advent of the 21st century saw the widespread adoption of digitized data and centralized platforms. The many advantages provided by seamless storage and sharing of digital information quickly revolutionized the global recruitment process to great acclaim. But, unique insights provided by innovative technologies like Machine Learning and Artificial Intelligence have led several major platforms to shut down the flow of data to other applications and third-party platforms. Previously open networks became walled gardens [1] overnight.
Users can no longer freely share their information between different platforms and are compelled to create profiles and upload their personal information on multiple networks. Their personal details and achievements are now at the mercy of such platforms whose sole aim is to tap them for monetization purposes. In other words, data hoarding is now the norm. In addition, identity theft has been on the rise.

Frustrated at such an unfair, inefficient marketplace, TrustLogicsTM is poised to put control firmly back in the hands of the aspiring jobseeker. With a patent-pending, innovative technology, our aim is to create a decentralized ecosystem where: users can share their professional data across different platforms by setting permissions; a Recruiter can make the most of our global Peer-to-Peer Hiring Model; job seekers can harness the power of TrustLogicsTM partnered Validators; and Independent Service Providers can maintain and leverage their Digital Portfolios and receive ratings for services provided.
The innovative services that TrustLogicsTM has in the pipeline will reduce the gap between Recruiters and Jobseekers even further by leveraging the full potential of blockchain technology. As a result, the recruitment industry, which was previously following long and tedious protocols, will be simplifying its processes to a whole new level.

In a highly complex and competitive workforce placement marketplace, TrustLogicsTM is the missing link that not only bridges the gap between job seekers and potential employers but also aims to build a verification and reputation building blockchain platform for both: Professionals and Independent Service Providers (ISPs).
Given that the majority of current applications are centralized with no verification mechanism for information provided by a job seeker, recruiters are fed with results which are arbitrary, broad and generic which means that plenty of time, energy and resources are spent on various stages of the hiring process. To ease this burden, TrustLogicsTM, with its patent-pending platform, takes a step further and aims to build a blockchain application and become a global information gateway for workforce data, where a user can verify their personal and professional information, store it on the platform and securely share access to their data with any user or application.
By utilizing Hyperledger Fabric, Ethereum smart contracts, data encryption and ERC20 standard Tokens, TrustLogicsTM aims to transform the modern-day $428 billion [2] recruitment industry along with how ISPs are perceived. We aim to be a one-stop solution for recruiters, active as well as passive job seekers, and ISPs by providing a platform to:
• Request for Verification
• Build Reputation
• Access & Maintain Verified Data
• Referral Hiring
These records will be made readily available to users, who can share them with their next employer/hiring agency with user-controlled permissions. This will not only help professionals and ISPs get more visibility and attract potential hires but also make an employer’s decision-making process smoother.

ABOUT TrustLogics

TrustLogics TM is a new platform that empowers and forges reliable connections to available human resources in the global economy.

At TrustLogicsTM our mission is to streamline the global recruitment industry’s inefficiencies – fake resumes, faulty hiring, lack of background verification, data loss – by harnessing the immutable and secure characteristics of the blockchain, and a patent-pending technology for the benefit of both professionals and independent service providers (ISPs).

Our founders, with a cumulative experience of 2 decades in staffing, strong team of global advisers, and dedicated teams (in U.S.A. & India) are focused on keeping professional data secure and developing a global trusted information gateway by partnering with international organizations like AIESEC and countries like the Republic of Guinea and Republic of Suriname.


TrustLogicsTM is a 'Patent Pending' disruptive technology solution. It is powered by decentralized technologies that enable professionals to build credible global profiles, facilitate pre-screening and private networking supported by artificial intelligence.

Smart Verification platform 

ROADMAP
  • Completed market research and 1st draft of requirement draft - March 2017
  • 2nd draft and Web UI/UX finalization and implementation - May 2017
  • Business pitches to International Governments -July 2017
  • Mobile UI/UX finalization and implementation -September 2017
  • Web application for beta launch -November 2017
  • 50k registered user milestone achieved successfully Android and iOS mobile application launch Started analysis on implementing Blockchain for TrustLogics - January 2018
  • Several Partnerships signed - MoU signed with Republic of Suriname, a South American country. - Partnered with several certified validators -February 2018
  • Whitepaper finalization and TrustLogics.io website launch – March 2018
  • Token sale proceedings and Building partnerships - Building partnerships for TrustLogics - April 2018
  • Pre-Sale & Earn coins feature integration to the existing platform – May 2018
  • Crowd sale - August 2018
  • Token distribution and Blockchain POC -September 2018
  • Verification system implementation -December 2018
  • Peer to Peer hiring model implementation Peer to Peer hiring model implementation and Expanding TrustLogics system to signed governments -May 2019
  • Reputation building system -August 2019
  • Digital Portfolio for Independent Service Providers -December 2019





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By : @Jengger_jali
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