TrustLogics

TrustLogics

Created using Figma
Created using Figma

Last Update

Sep 11, 2018

Trust Logic. It is a distributed platform that facilitates digital authentication of professional data, stores blocked versions in a block chain, and allows sharing based on the user's authority. With a reliable logic platform, users can securely store information and personal data in a block chain and share them with user-controllable privileges so that recruiters can easily talent capable employees based on that data You can earn it.
Sale
May 30, 2018
Sep 25, 2018
100% completed
Raised funds - no Data
Goal 16 000 000 USD
past
  • 1 TLT
    =
    0.08 USD
Token Details
Ticker
TLT
Accepted Currencies
ETH, BTC, LTC, BCH
Company Details
Registered Country
Cayman Islands
Additional Details
MVP/Prototype
Yes
Platform
Ethereum ,hyperledger
KYC
Yes
Categories
Platform

About TrustLogics

We, at TrustLogics, aim 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 blockchain technology. We strongly believe that we can breathe fresh life into the hiring process for both Professionals and Independent Service Providers by utilizing Smart Contracts and certified background validators. We intend to establish a platform where: 1) Jobseekers can get their professional milestones verified, by TrustLogics ecosystem users or 3rd party certified & partnered validators 2) Recruiters can use power of Peers who can refer suitable candidates for posted jobs 3) Independent Service Providers (Blue Collar contractors) can benefit from background checks and build shareable Digital portfolios containing reviews, ratings and reputation levels, which will eliminate middlemen/service websites

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 the 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 pay 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 bringing down the costs which are spent by Service Requestors and increase ISPs profit.

Technical Info

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 endpoints.

TrustLogics Roadmap

  • March 2017

  • Completed market research and 1st draft requirement draft.
  • May 2017

  • 2nd draft and Web UI/UX finalization and implementation.
  • July 2017

  • Business pitches to International Goverments.
  • September 2017

  • Mobile UI/UX finalization and implementation.
  • Read More
  • November 2017

  • Web application beta launch.
  • January 2018

  • 50k registered user milestone achieved successufully; Android and iOS mobile application launch; Started analysis on implementing Blockchain for TrustLogic.
  • February 2018

  • Several Partnership signed.
  • March 2018

  • Whitepaper finalization and TrustLogic.io website launch.
  • April 2018

  • Token Salw proceeding and building partnerships.
  • May 2018

  • Pre-Sale & Earn coins feature integration to existing platform.
  • July 2018

  • Crowd sale.
  • September 2018

  • Token distribution and Blockchain POC.
  • December 2018

  • Verification system implementation.
  • May 2019

  • Peer to Peer hiring model implementation.
  • August 2019

  • Reputation building system.
  • December 2019

  • Digital Portfolio for independent service providers.

Activity

Activity:
289
HIGH
Posts:
6 529
VERY HIGH
Views:
19 776
VERY HIGH
Activity:
289
HIGH
Merit:
254
HIGH
Posts:
1 599
VERY HIGH
Views:
15 840
VERY HIGH
Users:
647
VERY HIGH
Posts:
167
MEDIUM
Followers:
9 301
HIGH
Likes:
9 265
HIGH
Rating:
5
VERY HIGH
Members:
5 980
HIGH
Investors Detected:
6.81%
30 Days Growth:
-449
Alexa

Rank:
6 367 257
VERY LOW
Delta:
6 182 753

Team

Verified 100%

CEO
verified
Co-Founder and COO
verified
Senior Management – Program Development
verified
TGE coordinator
verified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Marketing and PR Adviser
unverified

TrustLogics Interviews

Srinivas Dubba
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Founder and CEO. I feel that TrustLogics will disrupt the current hiring process. We are bringing in Peer to Peer hiring model Smart Verification Platform Shareable Digital Portfolio for Independent Service Providers Reputation Building System (RBS). Our technical approach is - Considering the number of users (current and future prospects), we decided to go with Hybrid approach where private blockchain, Hyperledger in our case, to store & retrieve data and public Blockchain, Ethereum, to record token state changes. This will help us in two ways - 1. This solution can be scaled to millions of users 2. Reducing transactions fee Hyperledger, which will be hosted on cloud (in our case, we picked Amazon AWS) with necessary libraries and a REST API wrapper will be implemented with Read-Write API end points Ethereum Blockchain will be used to deploy smart contracts, record token state changes (during transactions).
Sujith Achuri
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
COO at Trustlogics
Yash Pakala
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Program Development
Adithya Thota
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Have been with this project for the past 8 months. It's exciting to work with this team and looking forward for successful execution.

Last News

3.80
stable
5.0 16
ICO Profile Vision Activity Potential Product Team

TrustLogics Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

TRUST LOGICS

This is a decentralized platform which facilitates digital authentication of professional data, stores the attested version on blockchain and makes it shareable based on the user's permissions.

PROS:

  • The platform enables the users to verify their personal and professional data   and securely stores it on the platform preventing any data loss due to hacking
  • The platform users can easily share their stored information with other urgencies   under user-controlled permission hence helping professionals and ISPS get smoother as well as making the employer’s decision – making process
  • The platform has a well developed mobile application which is readily available in the Google store enabling the users to easily access the platform via their Smartphone
  • The platform tokens use  promotes jobseekers to place a request to get any of their information verified e.g. Education, Past Employment, Criminal  and Drug Information with suitable validators being notified of the request  hence improving the data authenticity
  • The platform AI-based algorithms notify suitable peers in the TL system when a recruiter posts a job making the hiring process simple and cost-effective as the candidates are hired by reference which is more reliable
  • The platform has a good team on board with varied skills and experience from different related fields led by the founder and the CEO Srinivas Dubba who has established several successful, ventures

CONS:

  • The platform white paper is not properly established
  • The Trust Logics token value at the initial token pre-sale stage is no highlighted

SUGGESTIONS:

  • The platform technical team should make the white paper more detailed to give clear information to the users
  • The platform token should be involved in a pre-sale stage to help determine its value and raise funds for the project implementation

NOTE:

Trust logic platform enables the users to securely store their information and personal data on blockchain and share them under user-controlled permissions which enable recruiters to easily get competent employees based on their data. This is a motivating factor in investing into this project.

Read More
expert-coin.com
reviews

The project has one strong point: the working version of the platform has already been created and is working.

But the project has many significant drawbacks:

Lack of marketing strategy and market vision
Lack of strong competitive advantages
Filled up market niche
There is no understanding of the target audience.
According to experts of Expert-coin rating, the project needs serious revision.

Read More
bitcoinexchangeguide.com
reviews

The world of hiring has a lot of desire and a long way to go if it is genuinely aiming to make the process more efficient. Therefore, ventures such as TRSUTLOGIC could make the difference in finally eliminating how people have access to job recruitments. However, the most significant challenge with the investment as with any new technology is to indeed get the participants within the hiring world to warm up and adapt.

Read More
cointrust.com
reviews

If this is the type of investment you are looking to make then be aware that the do have a KYC requirement however they are not whitelisting clients, and as such whenever you do wish to make a purchase of their tokens you will be able to do so with relative each and peace of mind of course.

The time scale at which they are going to be going live with their ICO reasonable and as such you do have a fair amount of time in which to stake your claim for their tokens.

The business concept does look a sound one and one that does have plenty of merit, and if it is actively taken up by those people who are interested in using a blockchain to sell their digital assets that there is a long-term appeal to their project too, which is what often makes or breaks any ICO.

Read More
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