TrustLogics (TLT)

We, at TrustLogics, aim to streamline the global recruitment industry’s inefficiencies for both Professionals and Independent Service.

Review Score
4.07/5
ICO Price
0.08 USD
Pre ICO Price
0.052 USD
Soft Cap
2,000,000 USD
Hard Cap
16,000,000 USD
Start Date
30 May 2018
End Date
6 June 2018

What is TrustLogics?

In a highly complex workforce marketplace, TrustLogics is aiming to streamline the process of global hiring by creating a platform for ensuring identity protection in professional data and normalizing the necessity of verified profiles in the recruitment industry. We at TrustLogics, aim to rectify $428 billion global recruitment industry’s inefficiencies for both professionals and independent Service providers. We are a live application with more than 100,000 registered users and several partnerships.

Platform Features

1) Build Trusted Profiles
Jobseekers can get their personal and professional information verified by
• 3rd party certified & partnered validators and
• Using Reputation Building System (RBS)

2) Reduce hiring cost with Peer to Peer hiring model
Recruiters can use power of Peers who can refer suitable candidates for job listings. As candidates are referred by peers, verified and trusted candidates are expected. We believe this process reduces the time taken for hiring suitable candidate and cost involved in hiring.

3) Help Independent Service Providers (ISPs)
ISPs, who are self employed contractors, who pays service websites to get contracts, can benefit from background checks and build shareable Digital portfolios containing ratings and reviews, which will eliminate middlemen/service websites. This will help in brining down the costs which are spent by Service Requestors and increase ISPs profit.
TrustLogics is aiming to develop a hybrid approach to its blockchain solution: a private blockchain to store and retrieve data; and a public blockchain to record transactions. This approach helps us in scaling the Blockchain solution to hundreds of millions of users.

Technical Approach:

TrustLogics is aiming to develop a hybrid approach to its blockchain solution: a private blockchain to store and retrieve data; and a public blockchain to record transactions. This approach helps us in scaling the Blockchain solution to hundreds of millions of users. A REST API wrapper will be implemented on top of the private blockchain for read/write operations.

Hyperledger will serve as the private blockchain (to store data), and Ethereum will serve as the public blockchain (to record transactions). Hyperledger will be cloud-hosted on Amazon AWS with the necessary libraries and API end points.

Current major Partnerships:

AIESEC – AIESEC enables leadership development through global internships in more than 127 countries.Republic of Suriname – Republic of Suriname is a north-eastern South American country with a population of more than 550,000.

Republic of Guniea – Republic of Guinea is a western African country with a population exceeding 12.3 million.
Hispanic Health Coalition of Georgia – HHCGA advances health policies to improve medical access for more than 920,000 Hispanics in Georgia.

And many more in progress.

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