4thtech solutions

General terms, Use of service & Disclaimer

Terms of Use, January 2020

1. General Terms of Use

Acceptance of the Terms of Use These terms of use are entered into by and between you and the 4thtech Consortium. The terms of Use specified here are subject to change at any time and from time to time, without notice. Please read carefully all terms of use. If you do not agree to be bound by these Terms of Use, do not use the Website or the services. Be aware that we are dealing with experimental technology and some malfunctions could appear.

Please read the Terms of Use carefully before you start to use the Websites or any of the 4thtech services. By using the Websites or by clicking to accept or agree to the Terms of Use when this option is made available to you, you accept and agree to be bound and abide by these Terms of Use including our Privacy and Cookie Policy. The use of the www.the4thpillar.io, www.the4thpillar.com is at your own risk. All information and content contained here are available without any representations or warranties of any kind. Any materials downloaded, information or services accessed, is done at your own risk. 4thtech Consortium is not responsible for any data loss or similar that results from your action. These Terms of Use as well as the information and materials contained in the Website are subject to change at any time and from time to time, without notice. The continued use of the Services following such notice will indicate the user acceptance of the new Terms. This Websites and all 4thtech solutions and services are available to users who are 14 years of age or older and not to be used for children under 14 years of age. By using this Website, you represent and warrant that you are; (1) 14 years or older; (2) are not barred to use the Websites or Services under any applicable law, and; (3) are using the Websites and Services only for your own personal use. If you do not agree or meet these requirements do not use the Website.

 

4thtech Consortium is based in Europe and makes no claims that websites and services are compliant and accessible outside Europe. The www.the4thpillar.io, www.the4thpillar.com and all information, content and solutions contained within this pages are not meant at or intended to be used by any person located in any jurisdiction or country where; (1) the distribution of such information, content or solution is contrary to the laws of such jurisdiction; and (2) such distribution is prohibited without obtaining the necessary licenses or authorizations by the 4thtech Consortium.

The use of the www.the4thpillar.io, www.the4thpillar.com is only for lawful purposes and within these Terms of Use. The following actions connected to websites and services use are prohibited; (1) violation of any applicable federal, state, local or international law or regulation (including, without limitation, any laws regarding the export of data or software to and from the US or other countries); (2) the purpose of harming, cause damage of any kind, attempting to exploit or harm minors in any way by exposing them to inappropriate content, asking for personally identifiable information or otherwise; (3) to impersonate the 4thtech Consortium, a 4thtech team members, another user or any other person or entity by using e-mail addresses, Telegram handle, LinkedIn profile or similar, and; (4) to use any kind of spyware, bots, spiders or any other software or hardware with the purpose to harm, copy or inflict damages to 4thtech Consortium. 

Users have no legal or contractual obligation to provide personal data when contacting 4thtech Consortium via the contact form. If such data is not provided, the request can not be processed. If the correspondence occurs, 4thtech Consortium may send you emails and other forms of communication to create a response or assistance following the interest in 4thtech solutions and other services from the 4thtech ecosystem. 4thtech Consortium is not liable to you or anybody else for any damages incurred in connection with any message correspondence.

Content Disclaimer

The information on this website has been issued by 4thtech consortium. These pages are not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of, or located in, any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. They may not be copied, transmitted, displayed, or otherwise distributed in whole or in part. The content of this website is provided for information purposes only and is not to be used or considered to be an investment recommendation or an offer or solicitation to buy, sell or subscribe to any securities or other financial instruments.

Warranties Disclaimer

4thtech Consortium will by best abilities defend its websites, content and services from cyber attacks, but cannot guarantee that media and content will not be virus-free. Users are responsible for anti-virus protection. 4thtech Consortium will not be liable for any damages or information loss caused by cyber-attacks, harmful software, harmful links within the email or social media posts and similar. Please use 4thtech Consortium websites and services at your own risk. Warranties of any kind do not apply!

Use of Service, January 2020

2. General Use of Service

Users may use the 4thtech MVP services; (1) identity mechanism; (2) blockchain electronic data and documents exchange protocol; (3) document Notarisation service, and; (4) wallet. Users must provide a compatible system (i.e. Google Chrome) and working internet access.

The digital identity mechanism provides blockchain wallet address verification of an individual or an organisation. The mechanism creates a link between a user’s online identity and blockchain wallet address. The digital identity mechanism is currently in the experimental concept phase therefore 4thtech is not liable for any technical errors. 4thtech can not interfere with or access your identity or the connections forged between your existing digital identity and your blockchain wallet. Identity mechanism executes its service in the 4thtech ecosystem and can not operate as a stand-alone solution. The digital identity mechanism is currently compatible with all SI-Trust (i.e. Trust Service Authority of Slovenia) enabled digital certificates; (1) Sigen-CA, POŠTA®CA, AC-NLB and Halcom ENA ZA VSE. 

Electronic data and documents exchange is a protocol that allows its users to exchange and safely store sensitive digital assets among each other without any intermediaries. It offers a safe, fast and inexpensive DLT based solution, a principal future way of sensitive document exchange and eDelivery. When a user wants to share documentation, he or she must first install the 4thtech wallet and go through the onboarding process (i.e., KYC identification, which is needed only for the first registration process). The protocol is designed to place the governance in the hands of the user, as the user; (1) chooses the blockchain network; (2) holds the private keys, and; (3) signs the transactions. Therefore 4thtech is not liable to you or anybody else for any process errors incurred in connection with electronic data and documents exchange.

The electronic data and documents exchange process run between blockchain wallets, where private and public cryptographic keys are used for transaction authentication. To test the blockchain electronic data and documents protocol (i.e. FOURdx), an electronic blockchain wallet (i.e. 4thtech wallet) is needed.

The 4thtech blockchain wallet is a Google Chrome extension, that allows you to visit the decentralized web of tomorrow in your browser today. It is one of the 4thtech main innovations, a first system on the market capable of handling cryptographic tokens but also other assets such as encrypted electronic data and documents. The wallet supports various chains and it is an essential component in 4thtech ecosystem.

Steps for installation; (1) follow on the link below; (2) add an extension to chrome browser; (3) now you have installed extension, you can see an icon on the right side; (3) click on that icon and set up your wallet; (4) refresh the page and log in.

Use Disclaimer

The 4thtech MVP solutions (i.e. digital identity mechanism, electronic data and documents exchange and document notarisation) are currently in the experimental pilot phase, therefore 4thtech is not liable for any technical errors. 4thtech can not interfere with or access your digital identity or the connections forged between your existing digital identity and your blockchain wallet, nor can access any exchanged digital data of any kind.

Warning

4thtech Consortium does not hold your keys for you. We cannot access accounts, recover keys, reset passwords, nor reverse transactions. “Protect your keys and always check that you are on the correct URL, use the wallet backup file and seed words. You are responsible for your security.”

Compliance, January 2020

3. Compliance Fees, Taxes

The user is responsible for any access or data fees incurred from third parties and for any and all taxes.  User must comply with any and all applicable tax laws. 4thtech Consortium will strive to the full compliance with all applicable EU legislation. In addition, it will contribute to establishing best practices and guidelines on how to implement blockchain solutions.

 

The user is responsible for any access or data fees incurred from third parties (e.g. internet provider or mobile carrier) in connection with the use of blockchain electronic data and documents exchange protocol (i.e. FOURdx).

The user is responsible for any and all taxes. Users must comply with any and all applicable tax laws, including the reporting and payment of any taxes arising in connection with your use and testing of the blockchain electronic data and documents exchange pilot protocol. The reporting and payment of any such applicable taxes are the sole user's responsibility.

The 4thtech solution are developed according to the requirements of the; (1) regulation (EU) No 910/2014 of the European Parliament and of the Council of 23 July 2014 on electronic identification and trust services for electronic transactions in the internal market and repealing Directive 1999/93/EC (eIDAS); (2) regulation 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (GDPR); (3) regulation (EU) 2018/1724 of the European Parliament and of the Council of 2 October 2018 establishing a single digital gateway to provide access to information, to procedures and to assistance and problem-solving services and amending Regulation (EU) No 1024/2012, and; (4) directive (EU) 2016/1148 of the European Parliament and of the Council of 6 July 2016 concerning measures for a high common level of security of network and information systems across the Union.

Blockchain electronic data and documents exchange protocol was designed and built according to the European Union and GDPR guidelines with main GDPR compliance features; (1) blockchain network is used for transactions that include encrypted document link, that only the receiver can open using his or her private key; (2) no personal information is located in the blockchain transaction; (3) send encrypted electronic data and documents are stored in the off-chain data repository (i.e. data repository of user choice) and can be erased on the subject request, and; (4) the sender and the receiver jointly assume responsibility for complying with the GDPR and establishing a lawful basis.

4thtech Consortium is firmly committed to protecting collected and processed personal data and designing our platform in compliance with the individual’s data privacy, which will be protected at the highest level. The legal analysis was conducted of the 4thtech habitat for personal data protection issues with the help of external legal service providers to ensure that what we pursue is feasible. All processes of individual’s data will be audited and acquire certifications of our conduct, procedures and security measures regarding personal data by respective certification authorities under the EU General Data Protection Regulation. The individuals will be able to choose a level of privacy according to their needs and desires on the 4thtech platform. They will also be able to withdraw their data. The blockchain electronic data and documents exchange protocol does not store the transmitted electronic data and documents on the blockchain. The electronic data and documents are encrypted and stored off-chain. The exchanged data is only available to the user with his or her private key. The protocol records links to encrypted files and hashes of the encrypted content on the blockchain. This safeguards the rights of individuals to confidentiality and privacy. This safeguards the rights of individuals to confidentiality and privacy.

 

The 4thtech Consortium solutions are developed from modules in which the source code is published under a copyright holder licence. The licence will be released as an EU open source licence. The licence will permit users the rights to; (1) study the code; (2) test the code, and; (3) distribute the software openly.

 

4thtech Consortium reserves all rights regarding its content and intellectual property. The 4thPillar trademark is registered under the number 017683285 with the European Union Intellectual Property Office.

Fees and Tax Disclaimer

THE USER OF 4THTECH SOLUTIONS IS RESPONSIBLE FOR ANY ACCESS OR DATA FEES INCURRED FROM THIRD PARTIES AND FOR ANY AND ALL TAXES.  USER MUST COMPLY WITH ANY AND ALL APPLICABLE TAX LAWS.

Regulations, January 2020

4. Regulations Risk Mitigation & Liability

The fast development, increased adoption of blockchain technology accompanied by tokenisation models propose a more and more demanding regulatory challenge. Therefore it is imperative to point out that the 4thpillar technologies (i.e. 4thtech) are a blockchain technology innovation and development initiative that do not sell four-tokens, guarantee or influence the token price or deal with financial or trading token elements, nor offer any licensed financial services, such as investment or brokerage services, capital raising, fund management, or investment advice.

4thpillar technologies (i.e. 4thtech) is a blockchain technology innovation and development initiative. Its main focus goes to the development of future experimental blockchain technology. 4thtech consortium does not sell four-tokens, guarantee or influence the token price or deal with financial or trading token elements, nor offer any licensed financial services, such as investment or brokerage services, capital raising, fund management, or investment advice. The content of this website is provided for information purposes only and is not to be used or considered to be an investment recommendation or an offer or solicitation to buy, sell or subscribe to any securities or other financial instruments.

The exchange (i.e. swap) of the four-token is available on the designated exchanges and de-fi protocols and it is not a public offering of equity or debt and, consequently, does not fall under securities or any prospectus regulation. The four-tokens are not securities as defined under applicable laws. Therefore, the four-tokens have not been registered with any competent regulator. The exchange (i.e swap) of the four-tokens is unregulated. Changes to legislation in the most relevant jurisdictions in the world are closely monitored. Appropriate actions will be undertaken to act accordingly if regulatory changes impact the four-token exchange and operations.

The four-token was developed with a purpose focused on; (1) research and development for the transaction tokenisation model; (2) providing the solution to multi-chain electronic data and documents exchange protocol deployment tokenisation challenge; (3) providing a technical solution for token teleportation service, and; (4) conserving blockchain network transactions.  According to the legal opinion of YSL Legal LLP, the four-tokens are not “capital markets products” as stipulated or contemplated under the Securities and Futures Act by virtue of the Token Functions.

To the fullest extent permitted by law, in no event shall 4thtech Consortium with all its team members and legal entities, or any of the consortium directors, employees, sub-contractors, partners or service providers have any liability whatsoever to any person for any direct or indirect loss, liability, cost, claim, expense or damage of any kind, whether in contract or in tort, including negligence, or otherwise, arising out of or related to the use of all or part of the Website, or any links to third party websites.

Financial Disclaimer

4thtech consortium is not a financial institution and not under the supervision of any financial supervisory authority. 4thtech consortium does not provide any licensed financial services, such as investment or brokerage services, capital raising, fund management, or investment advice.

Interoperability, January 2020

5. Interoperability Legal, Governance & Technical

To achieve legal interoperability, 4thtech solutions are designed and built according to the EU and GDPR guidelines with main GDPR compliance features. 4thtech protocol and services are being deployed as an application on designated DLT. As such, the 4thtech solutions transaction governance falls under the DLTs governance of its deployment. 

GDPR dictates that no personal data including name, identification number, location data or other online identifier relating to a person should be published on the blockchain. As a compliance answer, the 4thtech protocol does not store any personal data on the blockchain. The data is stored off-chain. The protocol records links to encrypted files and hashes of the encrypted content on the blockchain. The hashing of exchange data enables the GDPR compliance, for example, if there were a request to delete some electronic data or documents, the network controller would be able to delete the requested data from off-chain storage, leaving what would then become an empty hash on-chain. Additionally 4thtech uses the advanced encryption standard (i.e. AES), with a combination of RSA encryption algorithms. The electronic data and documents are encrypted with a symmetric algorithm (i.e. AES), as the asymmetric algorithm (i.e. RSA) is used to encrypt symmetric key and initialization vector (i.e. IV) with the public key of the receiver. Person's digital identity is safeguarded in the system wallet by a blockchain wallet key, known to users only. GDPR compliance is an ongoing compliance process so additional legal counsel is advisable when setting up a new Enterprise blockchain ecosystem.

4thtech solutions are deployed as an application operating currently on Ethereum and SI-Chain networks, with third and fourth open-chain deployment coming. As such, the 4thtech solutions transaction governance falls under the DLTs governance of its deployment. The challenge lies in single and multiple cross-platform DLT governance interoperability and content user control. 4ttech solutions can be deployed on a different DLT chain, so there is only a matter of choosing the chain that will be most compatible and Governance interoperable according to deployment needs. As the protocol uses DLTs only for recording transaction links to encrypted files and hashes of the encrypted content exchanged between sender and the receiver, and the content can be accessed only with the private key, the protocol transaction Governance is completely in the user’s hands.

 

In the case of 4thtech technical interoperability, the challenge is how to interact between different blockchains and be compatible with the Multi-chain systems. 4thtech uses hosted Ethereum node on Infura over JSON-RPC protocol, to connect to the Ethereum node. In the case of SI-Chain (i.e. HashNet protocol), 4thtech uses Tolar Gateway which transforms JSON-RPC calls to gRPC (i.e. universal RPC framework) calls to connect to the Si-Chain node. Regarding the additional blockchain interoperability, the same connection principles with specific modification will apply.

The digital identity mechanism is currently interoperable with all SI-Trust (i.e. Trust Service Authority of Slovenia) enabled digital certificates; (1) Sigen-CA, POŠTA®CA, AC-NLB and Halcom ENA ZA VSE. As X.509 digital certificate standard is widely supported across Europe, the solution can be easily adapted to all counties using the same certificate standard. Small differences in the installation and verification process may vary.

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The 4thPillar trademark is registered under the number 017683285 with the European Union Intellectual Property Office. © 2020 4thtech Consortium, all rights reserved. 

The content of this website is provided for information purposes only and is not to be used or considered to be an investment recommendation or an offer or solicitation to buy or sell to any securities or tokens.

Read more in 4thtech Terms of Service