TrustLogics
TrustLogics
Token: TLT


Blockchain for Verified and Secured Data

ICO dates
Start date: 2018-06-01
End date:

Registrated in: Estonia

Platform: Ethereum
Type: ERC20

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TrustLogics categories
Platform
TrustLogics whitepaper
TrustLogics token sale
KYC passing required No | Whitelist Yes | Restriction for countries No
Soft cap 2,000,000 USD
Hard cap 16,000,000 USD
Token distribution in ICO
55%
55%
Price 1 TLT = 0.08 USD
Acceppting BCH,BTC,ETH,LTC
TrustLogics news, social
TrustLogics search trends in Google
Random whitepaper excerpts

1. Abstract
3
2. Introduction
4
3. Inefficiencies in the Current Hiring Industry
5
3.1 Overview
5
3.1.1 Professionals Segment
5
3.1.2 Independent Service Providers Segment
5
3.1.3 Definitions
5
3.2 Identity and Data loss
6
3.3 Lack of Trusted Reputation
7
3.4 No Concrete Background Information
7
3.5 Keywords-based Hiring
8
3.6 Monopoly of Service Websites
8
4. TrustLogics
TM
Proposed Solution
9
4.1 Current Platform
9
4.2 Blockchain Solution
10
4.2.1 Why Ethereum?
10
4.2.2 Why Hyperledger
10
4.2.3 Token Type
11
4.3 Business Cases
11
4.3.1 Verified Profile Status
11
4.3.2 Peer-to-Peer Hiring Model
12
4.3.3 Digital Portfolio for Independent Service Providers (ISPs)
12
4.3.4 Reputation Building System (RBS)
14
5. Unique Value Proposition
15

1. ABSTRACT
The advent of 21
st
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 raise.
Frustrated at such an ...

2. INTRODUCTION
In a highly complex and competitive workforce placement marketplace, TrustLogics
TM
is the missing
link that not only bridges the gap between jobseekers 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 jobseeker, 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, TrustLogics
TM
, 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 a...

3. INEFFICIENCIES IN THE CURRENT HIRING INDUSTRY
3.1 Overview
3.1.1 Professionals Segment
The Professionals Segment consists of salaried employees whose line of work is highly specialized,
knowledge-oriented and mainly takes place in an office or a professional environment.
3.1.2 Independent Service Providers Segment
The Independent Service Providers (ISPs) Segment consists of self-employed or contractual
individuals whose line of work involves manual work taking place within the confines of a service
requestor’s nearby environment
, such as a home or other personal property.
3.1.3 Definitions:
The terms listed below have been used in our White-paper and, hence, have been defined to help
you gain a better understanding of our product:
Jobseeker/Candidate

An individual who's equipped with a unique skill set and is looking for a job
opportunity or change from their current employer.
Recruiter

An individual who posts human resource require...

Service Requester

A person who has availed services from Individual Service Providers (ISPs)
3.2 Identity and Data loss
One of the major triggers of personal and identity data loss is the hiring industry: random,
unnecessary circulation of sensitive personal and professional data across unsecured networks

both online and offline

which leads to data being compromised.
The collection of personal identification details during the pre-screening stage of the hiring process
is actually unnecessary, but it has gained widespread popularity because verified, shareable data
through secure channels was unavailable. Sensitive information such as Social Security Number
(SSN), State/National Identity card details and many more are mandatorily collected during the
recruitment process, and are also at risk of falling into the wrong hands. There have already been
several instances
[5]
of sensitive personal and professional data belonging to millions of jobseeker...

From an ISP’s perspective, trust and reputation are factors that play a vital role in enabling a
successful working career

in the short as well as long-term. There are no reputation monitoring
portals available to maintain a record of background verifications, reviews or feedback for such
service providers. There are no technology platforms which allow users to hold, maintain, and share
such information in the long run. This is precisely where TrustLogics
TM
is believed to be a game
changer.
3.4 No Concrete Background Information
From a Professional’s perspective, on average, a company spends anywhere between $35 to $100
[6]
per person for a background check which involves: a background check company, educational
institutes and past employers

which could typically last between 15 to 50 days.
It is said that, on average, expenses incurred by an organization to close a mid-level position is
approximately $4,129
[7].
After the...

3.5 Keywords-based Hiring
The hiring decisions of Recruiters are significantly influenced by the data contained within a
jobseeker’s resume. Keyword matching, a popular technique of identifying co
mmon keywords
between a job description and a resume, is being liberally used by Recruiters in their pursuit to trim
the field of potential candidates. This process has turned out to be very inefficient
[3]
, leading to
errors in many cases and paving the way for fraudulent practices, like the creation of deliberately
misleading resumes by jobseekers. For instance:

Incorrect education details

Incorrect work experience and salary details

Incorrect skills and certificates
During a nationwide survey
[4]
in the U.S, 58% of the hiring managers admitted that they caught a
lie on a resume. As a result, honest and deserving candidates may have lost out on opportunities.
By hiring the wrong individuals, organizations end up paying a penalt...

4. TRUSTLOGICS
TM
PROPOSED SOLUTION
4.1 Current Platform
The TrustLogics
TM
platform (which has a patent pending) is a cloud-hosted, SOA-based (Service
Oriented Architecture) system and has a provision to create two different types of user profiles

Recruiter and Jobseeker. Services operate depending on the type of user, the user-defined
permissions, and/or platform defa
ults. The platform’s public beta phase was launched in
December, 2017. The web and mobile apps (Android & iOS) are also available and can be
accessed by visiting the
official website
or by downloading from the App/Play Store.
The top features on the TrustLogics
TM
platform are detailed below.
4.2 Blockchain Solution
Overview
TrustLogics
TM
is aiming to develop a hybrid approach to its blockchain solution: a private
blockchain to store and retrieve data with user-set permissions; and a public blockchain to record
transactions. ...

TrustLogics Roadmap

1
March 2017
Completed market research and 1st draft requirement draft.
2
May 2017
2nd draft and Web UI/UX finalization and implementation.
3
July 2017
Business pitches to International Goverments.
4
September 2017
Mobile UI/UX finalization and implementation.
5
November 2017
Web application beta launch.
6
January 2018
50k registered user milestone achieved successufully; Android and iOS mobile application launch; Started analysis on implementing Blockchain for TrustLogic.
7
February 2018
Several Partnership signed.
8
March 2018
Whitepaper finalization and TrustLogic.io website launch.
9
April 2018
Token Salw proceeding and building partnerships.
10
May 2018
Pre-Sale & Earn coins feature integration to existing platform.
11
July 2018
Crowd sale.
12
September 2018
Token distribution and Blockchain POC.
13
December 2018
Verification system implementation.
14
May 2019
Peer to Peer hiring model implementation.
15
August 2019
Reputation building system.
16
December 2019
Digital Portfolio for independent service providers.
Srinivas Dubba
Srinivas Dubba Founder and CEO

Sujith Achuri
Sujith Achuri Co-Founder and COO

Yash Pakala
Yash Pakala Senior Management – Program Development

Adithya Thota
Adithya Thota TGE coordinator

Anand Vyas
Anand Vyas Technology Lead

Lakshmi Deepak
Lakshmi Deepak Backend Lead

Raja Mohan Reddy
Raja Mohan Reddy Blockchain Developer

Rajana Sekhar
Rajana Sekhar Mobile App Developer

Murali Krishna
Murali Krishna Mobile App Developer

Suresh Reddy
Suresh Reddy Frontend Developer

Vamsi Prakash
Vamsi Prakash Quality Assurance

Amarpreet Singh
Advisor Amarpreet Singh Blockchain Consultant

Karthikeyan Thangavel
Advisor Karthikeyan Thangavel Blockchain consultant

Amarpreet Singh
Amarpreet Singh
Blockchain Consultant
INTERNATIONAL RELATIONS ADVISOR
Ex-Microsoft, The World Bank, NUS, MBA
Blockchain & ICO Advisor | Fintech | Innovation | Machine Learning | AI
(Blockchain & Strategy Advisor)
Blockchain & ICO Advisor
Advisor
Advisor
Advisor
ASEAN Advisor of Global Blockchain Foundation
Top 10 Global ICO Advisor
Board Advisor
Advisor-Business
Advisor
Top 10 Global ICO Advisor
Blockchain Advisor
Senior Blockchain Engineer
Chief Partnership Officer
Global Business Development Director
Global Business Development Director
Project Team Mentor
Senior Adviser of Global Blockchain Foundation
Blockchain & ICO Advisor
Business Development Digi Block Pte Ltd
AMARPREET SINGH
AMARPREET SINGH
TECHNOLOGY & ICO ADVISOR
Karthikeyan Thangavel
Karthikeyan Thangavel
Blockchain consultant
Blockchain Expert