Re: [ANN] [ICO] TrustLogics : Blockchain For Trusted And Secured Professional Data

What's the point of this platform? On a reputable employer's point of view, the HR department should take care of verifying the information on an application and in any case, if it's free for an employer then why not but if the employer would still have to pay, then the employer should just hire it's own PSV, just saying.

For the fees, it's the applicant who will have to pay in the platform. I'm not sure about the employers though, since the applicant already paid for the information on his profile, there's no mention of the employer having to pay.

Well, if there would really be no fees for employers in joining and using the platform, then more employers would be encouraged to join since in other platforms, they would have to pay just to access information and pay whenever an applicant is hired.The question is will it be free for employers?

"Jobseekers can use their TrustLogicsTM Tokens to place a request to get any of their information
like Education, Past Employment, Criminal& Drug information verified. Suitable Validators will be
notified of the request. After successful completion of the background check process, jobseekers
will be notified of the results. Post-acknowledgment, the allocated TrustLogicsTM Tokens get
distributed between Validators and the TrustLogics platform."
- 4.3.1 Verified Profile Status - TrustLogics Project Whitepaper

I think they would pay for tokens because TrustLogics Tokens that was payed by the Jobseekers will be distributed to the platform, so that the platform will be selling token to be sold by the company rather the employer to access by. And in the other hand, the Jobseeker will pay for their credentials to be displayed on their profile. But as far as I know it would be free because of the "5.1 Data Protection" Feature that allows the jobseeker to turn off and turn on privacy viewing of their own profile.
"At TrustLogicsTM we value user data privacy. We built this platform to ensure that any third-party application gaining access to data is completely dependent on user-defined permissions. In the current public beta release of the platform, Jobseekers can place their network users (e.g. Recruiters) into different groups and assign separate permissions to every group. Basically, the display of individual components of a jobseekers profile can be enabled/disabled for one or more recruiters. Recruiters will only see the data that has been made visible for them by jobseekers." - 5.1 Data Protection - TrustLogics Whitepaper