4thpillar technologies updates
- February 2020, SI-Chain partnership
4thpillar technologies joined the Slovenian national blockchain testing infrastructure called SI-Chain. The Si-Chain implementation of 4thpillar technologies electronic data and documents exchange protocol and identity mechanism is underway. Supported by Slovenian Ministry of Economic Development and Technology, powered by HashNET and Telemach, Si-Chain was established in November 2019 with the intent to enable testing of existing and new blockchain applications for the public and private sector. More information
- April 2020, 4thtech and HashNET consortium
Supported and approved by Slovenian Ministry of Public Administration, the consortium was formed between 4thpillar technologies and HashNET, to enter the INEA 2020 CEF Telecom Call with the blockchain eDelivery solution and SI-Chain implementation. More information
- April 2020, blockchain eDelivery cross-platform client technical paper publication
After two years of blockchain eDelivery protocol (i.e. FOURdx) MVP testing, the technical feasibility and its practical potential have been proven, with that PoC (i.e. proof of concept) was confirmed. As the European Union is embracing the benefits of blockchain technology, now is the time for furthered development of blockchain eDelivery protocol (i.e. FOURdx). The development of blockchain eDelivery (i.e. FOURdx) cross-platform (i.e. Windows, Mac OS, Linux, Android, iOS) desktop and mobile client is specified in the blockchain e-delivery cross-platform client technical paper.
- May 2020, CEF Telecom Call - eDelivery (CEF-TC-2020-1) application
We are days away from CEF Telecom eDelivery Call application, with the objective to develop and deploy cross-platform eDelivery client, a DSI with a unique Access Point, that will leverage blockchain for electronic data and documents exchange.
“We are not a start-up, but an expert team of 16+ people. With over two decades of international business experience, we are a reliable partner and a trusted advisor. To realize the company vision we employ programming specialists and a strong expert support team.”
The 4THTECH team
Exchanging sensitive electronic data and documents 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 FOURdx, 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. To provide an option for blockchain address ownership verification, the verification mechanism FOURid was created, which can lead to individual digital identity and authenticate verified connection between a blockchain wallet and a person. Our products are reducing the usage of paper and actively help the environment. The applications of our services are limitless, as they could be applied to any industry.
We are not a start-up, but an expert team of 16+ people. With over two decades of international business experience, we are a reliable partner and a trusted advisor. To realize the company vision we employ programming specialists and a strong expert support team.
According to many, there are three fundamental technology developments in human history; (1) the invention of electricity; (2) the invention of the microprocessor, and; (3) the invention of the internet. We are certain, that the invention of blockchain technology is the fourth fundamental technology pillar, which revolutionary applications will yet to be revealed to the world.
According to the article Regulating emerging technology | Deloitte Insights, n.d.), regulatory leaders are faced with a key challenge: how to best protect citizens, ensure fair markets, and enforce regulations, while allowing new technologies and businesses to flourish? In this time, companies and organisations are already using different centralised systems for exchanging and storing sensitive personal electronic documentation within the organisation as well as between the organisation and individuals. As the use of blockchain technology will start to emerge, so will the need for a legal framework. The European Commission is currently working on the legal framework for smart contracts enforceability, along with solving the question of issuing and trading tokens (i.e. crypto assets), when they are not considered as financial instruments. (Blockchain Technologies | Shaping Europe’s digital future, n.d.)
Read about real people on a fin-tech journey of innovation, discover 4thpillar technologies and its team of experts, their commitment, dedication towards making a change. Explore 4thpillar technologies Medium blog.
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