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Author Topic: [ANN] OEL Foundation - Open Enterprise Logistics Enterprise Architecture  (Read 4543 times)
AmaZixOfficial (OP)
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June 08, 2018, 08:03:13 AM
Merited by Kaznachej123 (1)
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June 08, 2018, 08:04:06 AM
Last edit: June 14, 2018, 08:32:55 AM by AmaZixOfficial
 #2

COMMUNITY REWARDS THREAD LIVE HERE

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June 08, 2018, 08:15:15 AM
 #3

Looking forward to seeing what the community rewards will be. The project looks exciting. Let us know of any bounties.
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June 08, 2018, 01:05:29 PM
 #4

Looking forward to seeing what the community rewards will be. The project looks exciting. Let us know of any bounties.

Thank you for the support Smiley

We will notify everybody.

If you want to keep yourself updated
follow us on Telegram https://t.me/OELFoundation and also
Announcement channel https://t.me/OELFoundationAnnouncements
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June 09, 2018, 05:33:52 PM
 #5



The OEL Foundation is delighted to announce that Jonas Sevel Karlberg, Founder and CEO of AmaZix, and Mac McGary, President of Sweetbridge, are now members of the Foundation’s board of advisors.

https://medium.com/oel-foundation/welcoming-jonas-sevel-karlberg-and-mac-mcgary-to-the-oel-foundations-board-of-advisors-c657303a5e0d
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June 11, 2018, 08:35:02 PM
 #6

Exact TGE dates still have to be announced, but token metrics can be found already in the whitepaper: https://oel.foundation/assets/whitepaper/oel_foundation_whitepaper_v1.0.pdf
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June 12, 2018, 06:02:23 PM
 #7

I like the idea of your project. Tell me, please, what is the minimum amount needed to start investing in the project?
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June 12, 2018, 08:24:53 PM
 #8

At present, logistics projects are very fashionable. I read white paper and more than half of the text was devoted to the problems of logistics, it's tiresome. I think that many make a mistake. In white paper it is necessary to capture the investor's attention immediately, and not to bother the investor's attention with a long presentation of the problems of the logistics industry.
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June 12, 2018, 09:08:47 PM
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At present, logistics projects are very fashionable. I read white paper and more than half of the text was devoted to the problems of logistics, it's tiresome. I think that many make a mistake. In white paper it is necessary to capture the investor's attention immediately, and not to bother the investor's attention with a long presentation of the problems of the logistics industry.
It's a living document in the nascent stage of the project, there might be some changes made in the future.

I like the idea of your project. Tell me, please, what is the minimum amount needed to start investing in the project?
The TGE has two phases. Min. 200/max 25k and if you want to contribute more, you can contact OEL Foundation: https://oel.foundation/token-generation-event/
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June 14, 2018, 08:33:36 AM
 #10

The Rewards Program has just been launched: https://bitcointalk.org/index.php?topic=4469189.0

We are also drawing 50 prizes of $40 each, don't miss out!


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June 14, 2018, 10:35:42 AM
 #11

AmaziX recently introduced a number of logistical projects, including Smart Containers, Blockshipping and OEL Foundations. Are projects overlapping and competing when operating in the same field?
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June 14, 2018, 05:08:01 PM
 #12

OEL Foundation hasn't been promoted in the group mentioned in the reply above mine, so beware.  Wink
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June 14, 2018, 07:53:33 PM
 #13

I see this idea, quite useful, that will simplify the routine work. And the application of the block chain in this direction, today these are the necessary steps. In this area there is much room for new and innovative projects. And I think that your idea should find its application.






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FORUM
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GreenSkyTrails
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June 15, 2018, 01:00:55 AM
 #14

I see this idea, quite useful, that will simplify the routine work. And the application of the block chain in this direction, today these are the necessary steps. In this area there is much room for new and innovative projects. And I think that your idea should find its application.

Totally agree with you Scolary, did you know the global supply chain industry is worth around $5 Trillion USD but full of inefficiencies? It is totally ripe for disruption.  Smiley
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June 16, 2018, 02:14:02 AM
 #15

Dear Community,

We are happy to announce you that Maia Global, BSA Logistics, XVC Logistics and Bastian Consulting Join the OEL Alliance to Promote Blockchain Within the Logistics Industry.

Please check out the whole article here:
https://medium.com/oel-foundation/maia-global-bsa-logistics-xvc-logistics-and-bastian-consulting-join-the-oel-alliance-to-promote-7e112106a3b7
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June 16, 2018, 02:17:07 AM
 #16

OEL Foundation board member Max Ward sits with Jason English of Sweetbridge to discuss the powerful applications for driving liquidity in the supply chains that can be built on the partnerships between these entities. Definitely worth the watch.

https://www.youtube.com/watch?v=Zf2yywR8AaY
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June 16, 2018, 05:05:51 PM
 #17

Dear Community,

The OEL Foundation is delighted to announce that Jonas Sevel Karlberg, Founder and CEO of AmaZix, and Mac McGary, President of Sweetbridge, are now members of the Foundation’s board of advisors.

Read Full Post: https://medium.com/oel-foundation/welcoming-jonas-sevel-karlberg-and-mac-mcgary-to-the-oel-foundations-board-of-advisors-c657303a5e0d
Excellent cooperation. I think that the goals set are worthy to bring it to life.
I also think that transparency will be a decisive factor for success. This factor has an accent today.
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June 18, 2018, 04:29:08 AM
 #18

Hello everyone

Check out this recent insightful article by Eseandre Mordi of Coin Announcer about OEL Foundation.

Quote
The foundation has found blockchain technology as the most useful technology considering its decentralized nature in addition to its high level of security that allows companies everywhere to have access to the better-secured system of storage. Giving them a reliable method to keep track of all their vital transit services.

Read the full article: https://www.coinannouncer.com/oel-foundation-building-a-blockchain-powered-ecosystem-for-less-burdened-supply-train/
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June 18, 2018, 08:18:55 AM
 #19

Hello everyone,
Don't forget to follow us on social media to keep up to date with all the latest developments:


Twitter: https://twitter.com/OELFoundation
Medium: https://medium.com/oel-foundation
Facebook: https://www.facebook.com/OELFoundation/
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June 20, 2018, 07:01:27 AM
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Hi there, join us here.
https://t.me/OELFoundation
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June 20, 2018, 07:21:03 AM
 #21

At present, logistics projects are very fashionable. I read white paper and more than half of the text was devoted to the problems of logistics, it's tiresome. I think that many make a mistake. In white paper it is necessary to capture the investor's attention immediately, and not to bother the investor's attention with a long presentation of the problems of the logistics industry.

They explained clearly about the problems because people should understand what are the major situation being faced by the logistics sector. Without knowing complete details about ins/out how can people invest?
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June 20, 2018, 09:16:05 AM
 #22

Project provides Solutions for the logistics industry based on the blockchain technology.An Amazing project

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June 20, 2018, 12:09:19 PM
 #23

OEL Foundation – The Open Enterprise Logistics Blockchain Ecosystem.
For everyone to better understand OEL.

https://www.techbullion.com/oel-foundation-the-open-enterprise-logistics-blockchain-ecosystem/

https://oel.foundation/wp-content/uploads/OEL-Foundation-TGE-Infographic.pdf
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June 21, 2018, 09:09:12 AM
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Greetings everyone,

Please check out OEL Foundation ICO Introduction by ICOGenius here:

https://www.youtube.com/watch?v=q0xgQiJDbv4
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June 21, 2018, 09:09:21 PM
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Greetings everyone,

Please check out OEL Foundation ICO Introduction by ICOGenius here:

https://www.youtube.com/watch?v=q0xgQiJDbv4
Great intro! Genius is objective as always.
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June 25, 2018, 01:15:39 AM
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Tech Bullion just did an excellent interview with our co-Founder Max Ward which would be great reading for our newer members - very informative!

https://www.techbullion.com/interview-with-max-ward-co-founder-of-oel-foundation-an-open-enterprise-logistics-blockchain-ecosystem/
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June 25, 2018, 12:29:52 PM
 #27

Please check this Global Crypto Press post about OEL Foundation

http://www.globalcryptopress.com/2018/06/delivering-blockchain-oel-foundation-ico.html

Also join us on Telegram here https://t.me/OELFoundation  Smiley
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June 25, 2018, 12:32:40 PM
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Can I join now?
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June 25, 2018, 04:46:29 PM
 #29

OEL Foundation — Unified Logistics Blockchain Infrastructure

The Open Enterprise Logistics Foundation (OEL) is a non-profit organization that provides management and resources for the development of the OEL blockchain ecosystem. The OEL ecosystem includes OEL Enterprise’s open source architecture, OPN Token and members of the OEL Alliance.

The creation of a unified infrastructure based on blockchain technology has a number of advantages that you can hardly argue with. Just imagine the scalability and high speed of transactions, which, in this case, once and for all, will save businesses from paperwork, confusion and data loss.

The second important aspect is the confidentiality of data. For the corporate environment, this is simply the most important factor that the existing centralized solutions can not adequately represent.

Read more: https://medium.com/@Vladar49/oel-foundation-unified-logistics-blockchain-infrastructure-ee3cfa18cbdf

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June 25, 2018, 08:43:51 PM
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Can I join now?
Hello Gafar, what do you mean? Join the Telegram? https://t.me/OELFoundation  Grin
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June 26, 2018, 03:16:23 AM
 #31

OEL Foundation — Unified Logistics Blockchain Infrastructure

The Open Enterprise Logistics Foundation (OEL) is a non-profit organization that provides management and resources for the development of the OEL blockchain ecosystem. The OEL ecosystem includes OEL Enterprise’s open source architecture, OPN Token and members of the OEL Alliance.

The creation of a unified infrastructure based on blockchain technology has a number of advantages that you can hardly argue with. Just imagine the scalability and high speed of transactions, which, in this case, once and for all, will save businesses from paperwork, confusion and data loss.

The second important aspect is the confidentiality of data. For the corporate environment, this is simply the most important factor that the existing centralized solutions can not adequately represent.

Read more: https://medium.com/@Vladar49/oel-foundation-unified-logistics-blockchain-infrastructure-ee3cfa18cbdf



Nice summary of the project Smiley

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June 26, 2018, 06:58:51 AM
 #32

Hey guys check out this OEL ICO Review by Crypto Coin World

https://www.youtube.com/watch?v=2FUlltAizDA&feature=youtu.be 

Also join us on Telegram here https://t.me/OELFoundation Smiley
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June 27, 2018, 08:46:56 AM
 #33

Greetings everybody  Smiley

The OEL Foundation – Revolutionizing Enterprise Logistics & The Supply Chain Industry With The Blockchain
Check out the article on Chipin :blush:

https://www.chipin.com/oel-foundation-enterprise-logistics-supply-chain-blockchain/
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June 28, 2018, 11:52:41 AM
 #34

Greetings everybody 👋

We have published our technical paper.

Medium: https://medium.com/oel-foundation/how-to-build-a-blockchain-for-logistics-technical-paper-548f8793910b

Direct download: https://oel.foundation/wp-content/uploads/OEL-Foundation-Technical-Paper-v1.0-1.pdf
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June 28, 2018, 09:01:05 PM
 #35

For those that don't know it yet: OEL will be conducting two TGE phases. More info can be found here: https://oel.foundation/token-generation-event/
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June 30, 2018, 02:54:05 AM
 #36

By the way, if you didn't know The Open Enterprise Logistics (OEL) Foundation estimates that the current outsourced spend on domestic road freight in Asia alone is over USD 143 billion per year, to service USD 6 trillion in retail goods transfers (PwC, 2016) (transport costs are typically 3% of freight value).

OEL's solution will cut costs and can save the industry billions of dollars due to removing inefficiencies!
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July 03, 2018, 05:21:04 AM
 #37

Greetings everybody

Please check out this post: "The 7 Golden ICOs to shine in Q3 of 2018"
from Global Coin Report.

https://globalcoinreport.com/7-golden-icos-shine-q3-2018/
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July 03, 2018, 05:53:48 AM
 #38


For proper understanding, people must go through these link in order to get more awareness about the project. Implementing logistic in blockchain is very good thought but already we have seen many companies with the same thought but how far OEL will lead the market.
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July 03, 2018, 07:49:39 AM
 #39

Greetings community 👋

Please read a short summary of the OEL Foundation's whitepaper written by OEL Alliance member Bastian Consulting 😊

https://medium.com/oel-foundation/the-open-source-ecosystem-accelerating-blockchain-innovation-for-logistics-15b5ddae2503

Also follow us on Telegram https://t.me/OELFoundation if you have any questions, we are available 24/7  Smiley
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July 03, 2018, 11:59:20 AM
 #40

It is a good sphere of using blockchain, but I am not sure they have enough experts to be among market leaders
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July 03, 2018, 05:15:33 PM
 #41

It is a good sphere of using blockchain, but I am not sure they have enough experts to be among market leaders
Take a look at the 'leadership' page: https://oel.foundation/leadership/

The team has years of experience in the logistics industry.   Grin
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July 03, 2018, 11:26:58 PM
 #42

Hello everybody! When I studied the company OEL Foundation, I saw that it has great prospects in the future and I have decided to share information with other people (who speak Russian) interested in crypto currency and ICO. I hope my video will help a number of people to explore the world of OEL Foundation! For more information, see in my review all the nice views  Wink  https://youtu.be/qVdiR8dvUE8
In addition I shared in the twitter I will be grateful to everyone for retweet All Thanks  Wink https://twitter.com/Kaznachej123/status/1014282600913960960
                                       
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July 04, 2018, 04:25:18 AM
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Hello everybody! When I studied the company OEL Foundation, I saw that it has great prospects in the future and I have decided to share information with other people (who speak Russian) interested in crypto currency and ICO. I hope my video will help a number of people to explore the world of OEL Foundation! For more information, see in my review all the nice views  Wink  https://youtu.be/qVdiR8dvUE8
In addition I shared in the twitter I will be grateful to everyone for retweet All Thanks  Wink https://twitter.com/Kaznachej123/status/1014282600913960960
                                       

Thank you for sharing! Appreciate it. Great things are coming for OEL, stay tune!
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July 04, 2018, 05:04:49 AM
 #44

Greetings folks!

To reward our loyal supporters, we are proud to announce the launch of OEL Foundation Ambassadors Program, hosted by our community management partners AmaZix.

The OEL Foundation Ambassadors Program will enable the most active members of our community to receive a higher bonus during the public presale of the OPN Token Generation Event (TGE).

Read more about it: https://medium.com/oel-foundation/become-an-oel-foundation-ambassador-and-earn-a-tge-bonus-9eed73e85ea
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July 04, 2018, 05:21:11 AM
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Greetings folks!

To reward our loyal supporters, we are proud to announce the launch of OEL Foundation Ambassadors Program, hosted by our community management partners AmaZix.

The OEL Foundation Ambassadors Program will enable the most active members of our community to receive a higher bonus during the public presale of the OPN Token Generation Event (TGE).

Read more about it: https://medium.com/oel-foundation/become-an-oel-foundation-ambassador-and-earn-a-tge-bonus-9eed73e85ea

So many members will participate in this ambassador program which will help the company to grow their community easily with this campaign and you have chosen right to get support from the users.
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July 05, 2018, 03:31:47 AM
 #46

OEL Alliance member OpenPort have published a new video with Nestle. The video highlights the challenges faced by multinationals trying to serve new, emerging markets, and how digital and blockchain applications improve supply chains. Examples like this are the future of the OEL Enterprise Architecture for all members!

Watch video: https://www.youtube.com/watch?v=7si0UGQ9M_A
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July 05, 2018, 08:52:38 PM
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Greetings folks!

To reward our loyal supporters, we are proud to announce the launch of OEL Foundation Ambassadors Program, hosted by our community management partners AmaZix.

The OEL Foundation Ambassadors Program will enable the most active members of our community to receive a higher bonus during the public presale of the OPN Token Generation Event (TGE).

Read more about it: https://medium.com/oel-foundation/become-an-oel-foundation-ambassador-and-earn-a-tge-bonus-9eed73e85ea

So many members will participate in this ambassador program which will help the company to grow their community easily with this campaign and you have chosen right to get support from the users.
Exactly! It brings along some nice incentives for the community, let us see how it goes Smiley
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July 06, 2018, 12:52:38 AM
 #48

We are delighted to share some great news with you today. Roger Crook, the former CEO of DHL Global Forwarding and the current CEO of Capital Springboard, has joined the Foundation as a Board Member. Roger is one of the most recognisable figures in the supply chain industry, and a successful ICO advisor. Having him as a full board member is a great vote of confidence in the future of the Foundation.

Read the full announcement on Medium:

https://medium.com/oel-foundation/welcoming-roger-crook-of-capital-springboard-to-the-board-of-directors-825a142f84fb
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July 06, 2018, 08:48:02 PM
 #49

Make sure that you follow OEL on all social media platforms


Website: https://oel.foundation

Whitepaper: https://oel.foundation/assets/whitepaper/oel_foundation_whitepaper_v1.0.pdf

Technical Paper: https://oel.foundation/wp-content/uploads/OEL-Foundation-Technical-Paper-v1.0-1.pdf

Medium blog: https://medium.com/oel-foundation

Twitter: https://twitter.com/OELFoundation

LinkedIn: https://www.linkedin.com/company/oelfoundation/

Telegram: https://t.me/OELFoundation

Telegram Announcements: https://t.me/OELFoundationAnnouncements

And If you have any questions, please send it to our Telegram channel Smiley

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July 07, 2018, 03:08:04 PM
 #50

It is a good sphere of using blockchain, but I am not sure they have enough experts to be among market leaders

Everything needs to process sir,
Oel Foundation is a non-profit organization that provides governance and resources for the development of the Open Enterprise Logistics blockchain ecosystem.
I'm sure this platform will be a success.
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July 07, 2018, 05:09:42 PM
 #51

The world is moving, changing its place day by day, distributing goods from place to place. Man himself cannot do everything and so also one cannot distribute his produce to the world. Wink
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July 07, 2018, 09:10:45 PM
 #52

The world is moving, changing its place day by day, distributing goods from place to place. Man himself cannot do everything and so also one cannot distribute his produce to the world. Wink
Exactly. This would decrease the amount of paperwork to the benefit of its industry Smiley
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July 07, 2018, 11:22:24 PM
 #53

Why OEL? Here's one reason:

Lack of secure supply chain control in the distribution channel, particularly in less developed markets, can drive up distribution costs due to lost sales, penalties from late delivery, theft or pilferage, and product damage. Often, a full one percent of top-line revenue is lost due to inabilities to invoice caused by disputed, undelivered, or lost shipments.
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July 09, 2018, 11:59:10 PM
 #54

Check out this article by OEL Foundation CTO Mark Nelson, where he discusses the best practices in designing a proper blockchain-based enterprise architecture!

If you're ever in that position, this article might be useful in giving you some pointers on how to approach analysis and design work for your own enterprise architecture.

https://medium.com/oel-foundation/best-practices-in-designing-a-blockchain-based-enterprise-architecture-c102fe907ba0
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July 10, 2018, 05:33:51 AM
 #55

very interesting project, given info in detail and easy to understand, supported by a great team, I wait for the development of this project, success in the future.

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July 10, 2018, 06:05:36 AM
 #56

Greetings folks!

To reward our loyal supporters, we are proud to announce the launch of OEL Foundation Ambassadors Program, hosted by our community management partners AmaZix.

The OEL Foundation Ambassadors Program will enable the most active members of our community to receive a higher bonus during the public presale of the OPN Token Generation Event (TGE).

Read more about it: https://medium.com/oel-foundation/become-an-oel-foundation-ambassador-and-earn-a-tge-bonus-9eed73e85ea

So many members will participate in this ambassador program which will help the company to grow their community easily with this campaign and you have chosen right to get support from the users.
Exactly! It brings along some nice incentives for the community, let us see how it goes Smiley
so we have to go through the test first before we are accepted as a participant ambassador program? after I read the article about the ambassador is very interesting and different from others. other than that I do not think it will be easy to malalui the existing test before becoming one of the participant of this program. goodjob dev

R


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mani mani
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July 10, 2018, 06:25:49 AM
 #57

Greetings folks!

To reward our loyal supporters, we are proud to announce the launch of OEL Foundation Ambassadors Program, hosted by our community management partners AmaZix.

The OEL Foundation Ambassadors Program will enable the most active members of our community to receive a higher bonus during the public presale of the OPN Token Generation Event (TGE).

Read more about it: https://medium.com/oel-foundation/become-an-oel-foundation-ambassador-and-earn-a-tge-bonus-9eed73e85ea

So many members will participate in this ambassador program which will help the company to grow their community easily with this campaign and you have chosen right to get support from the users.
Exactly! It brings along some nice incentives for the community, let us see how it goes Smiley
so we have to go through the test first before we are accepted as a participant ambassador program? after I read the article about the ambassador is very interesting and different from others. other than that I do not think it will be easy to malalui the existing test before becoming one of the participant of this program. goodjob dev

I strongly agree, let us equally wait for the development of this project hopefully can run smoothly and give a positive impact to us all.
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July 10, 2018, 08:25:14 AM
 #58

very interesting project, given info in detail and easy to understand, supported by a great team, I wait for the development of this project, success in the future.

Thanks for the support. It really means a lot to us. We are happy to have you with us.
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July 10, 2018, 09:07:07 PM
 #59

Three days left for OEL Ambassador registrations 😊

Check it out: https://medium.com/oel-foundation/become-an-oel-foundation-ambassador-and-earn-a-tge-bonus-9eed73e85ea
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July 11, 2018, 07:35:03 AM
 #60

Do check out this Exclusive Interview with OEL Foundation Board Member and OpenPort CEO Max Ward in the link down below Smiley

Link: https://www.chipin.com/oel-foundation-board-member-and-openport-ceo-max-ward-interview/
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July 11, 2018, 02:05:02 PM
 #61

TOKEN GENERATION EVENT
A utility token, the OPN Token will fuel smart contract validation, serve as micro-rewards for sharing data to the network, and act as a point of access and stake on the network.
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July 13, 2018, 03:44:47 AM
 #62

If you've got any doubts on the level of complex benchmarks and metrics the OEL Foundation's blockchain can track, rest easy because here are some of them:

Perfect Order Measurement
Cash to Cash Cycle Time
Customer Order Cycle Time
Fill Rate
Supply Chain Cycle Time
Inventory Days of Supply
Freight bill accuracy
Freight cost per unit
Inventory Turnover
Days Sales Outstanding
Average Payment Period for Production Materials
On Time Shipping Rate
Inventory Turnover Ratio (ITR)
Turn-Earn Index (TEI)
Gross Margin Return on Investment (GMROI)
Days of Supply (DOS)
Inventory Velocity (IV)

OEL's enterprise architecture is going to be the most feature packed supply chain blockchain in the market  Smiley
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July 13, 2018, 08:51:52 PM
 #63

Have you watched the second episode of OEL review by Crypto Coin World?

Watch it here guys and girls Smiley
https://www.youtube.com/watch?v=DcJMosmhXhQ
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July 14, 2018, 04:43:27 AM
 #64

If you guys didn't know, with OPN tokens you'll be able to stake and earn rewards for contributing resources to the network.  Smiley
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July 14, 2018, 05:05:09 PM
 #65

I wonder how the two-phase OEL Foundation's token sale is nearly one year apart. Will the OPN token be locked during that time?
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July 14, 2018, 08:28:08 PM
 #66

I wonder how the two-phase OEL Foundation's token sale is nearly one year apart. Will the OPN token be locked during that time?
''The TGE Phase 1 shall be comprised of a private purchaser pre-sale and a public purchaser main sale. Upon implementation of the OEL Foundation main net, TGE Phase 2 will take place as a public sale in 2019. This sale will comprise an issuance of new tokens at the then prevailing market price and, if relevant, an issuance of replacement OPN Tokens for holders of ERC20-compliant OPN Tokens.''

Source: https://oel.foundation/token-generation-event/

So the answer is no, seeing as how there might be a replacement of tokens for token holders.
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July 14, 2018, 09:07:00 PM
 #67



The blockchain ecosystem is fragmented. The supply chain is fragmented. Instead of multitudes of entities duplicating efforts in silos, an alliance is needed to collectively solve shared objectives. In order to fully harness the massive and disruptive benefits of blockchain on the supply chain, a focused community must reach in a single direction. Momentum, applications and results are easier won through collaboration, especially in distributed ledger technology and the complex logistics powering global commerce. This is the intent and purpose behind the creation of the OEL Alliance and OEL Enterprise Architecture.

Read more:
https://medium.com/oel-foundation/join-the-alliance-89577be713fa
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July 15, 2018, 06:01:18 AM
 #68

I think this project is interesting and has a good idea, whether the project has reached softcap or even hardcap? success for this project hopefully many investors are interested and join together in the success of this project, good luck.

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July 15, 2018, 09:34:46 AM
 #69

I think this project is interesting and has a good idea, whether the project has reached softcap or even hardcap? success for this project hopefully many investors are interested and join together in the success of this project, good luck.

Thank you for your encouragement and support Smiley You can find more details on the crowdsale over here, https://oel.foundation/token-generation-event/ Wink
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July 15, 2018, 01:58:23 PM
 #70

EL Foundation - Open Enterprise Logistics.
Enterprise OEL Architecture is optimized for bridging the gap between the physical supply chain and the ledger in a decentralized way.
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July 15, 2018, 08:55:19 PM
 #71

Who here applied for the ambassador program? I'm curious  Smiley
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July 16, 2018, 03:38:08 AM
 #72

OEL Foundation Review by The Cryptoniac. How OEL Foundation plan to remove the burden on the supply chain through the adoption of blockchain

Watch here: https://www.youtube.com/watch?v=uL4NYOxRXIc
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July 16, 2018, 04:09:48 AM
 #73

looks like an exciting and promising project and provides many benefits to its users and investors. but it takes more effort and hard work because of the many similar projects that have been successful and great before.
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July 16, 2018, 09:25:52 AM
 #74

looks like an exciting and promising project and provides many benefits to its users and investors. but it takes more effort and hard work because of the many similar projects that have been successful and great before.


For every successful and good project, it takes a lot of effort, and the team is ready for it. Thak you for the kind words, we appreciate it.
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July 16, 2018, 08:29:28 PM
 #75

OEL Review by Crypto Coin World - Episode 3 Smiley
https://www.youtube.com/watch?v=We58aFCJlAk
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July 17, 2018, 05:04:10 AM
 #76

One of the problems being addressed by OEL Foundation, if you guys are curious:

In many markets, a large percentage of logistics for road transport is handled by brokers known as “3PLs” (third party logistics providers, sub-contracting services) or “4PLs” (fourth parties used to manage 3PLs). When a truckload of toiletries arrives in an Indonesian town, for example, that shipment has already gone through three or even four iterations of handling by sub-contractors. he person performing the actual delivery to the consignee at the end of the supply chain could be the owner or operator of an individual van or truck. These transporters typically do not have IT systems for recording data on their shipment and rely on manual processes.

Using the OEL Chain, all of this lost data and inefficiency can be fixed!
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July 17, 2018, 05:17:44 AM
 #77

good and promising projects certainly provide many advantages. as we know, logistics projects are growing rapidly and earning big. I hope this project will have similar success even more, though it takes more hard work for it.
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July 17, 2018, 09:30:20 AM
 #78

good and promising projects certainly provide many advantages. as we know, logistics projects are growing rapidly and earning big. I hope this project will have similar success even more, though it takes more hard work for it.

Thank you for the kind words, we are glad to have you with us.
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July 18, 2018, 07:13:44 PM
 #79

Please take a moment to view the OEL Foundation Board Member Max Ward talks about the Foundation with ICOGenius. 👍🏼

Watch the full interview here: https://www.youtube.com/watch?v=MKVr5RRSOVk
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July 21, 2018, 04:48:57 AM
 #80

Did you know that according to the World Bank in 2016, developing economies face supply chain inefficiencies that drive up costs by up to 25% more? OEL is creating the first end-to-end solution for the supply chain industry to drastically lower costs and improve efficiency.  Smiley
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July 21, 2018, 06:38:30 AM
 #81

In my opinion, this project is promising and profitable, very worthy to be given optimally, hopefully it can be a successful and rewarding project for the world.
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July 21, 2018, 09:00:11 AM
 #82

In my opinion, this project is promising and profitable, very worthy to be given optimally, hopefully it can be a successful and rewarding project for the world.

Amazing great to hear that compliment! Have you checked out the white-paper yet? If not, you can view it here: https://oel.foundation/assets/whitepaper/oel_foundation_whitepaper_v1.0.pdf Smiley
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July 21, 2018, 09:06:01 AM
 #83

Did you know that according to the World Bank in 2016, developing economies face supply chain inefficiencies that drive up costs by up to 25% more? OEL is creating the first end-to-end solution for the supply chain industry to drastically lower costs and improve efficiency.  Smiley

I didn't know that, I'm thankful that you posted and share it with us for us to be able to know some information about it. That would be great most especially to the industry for supply. It is very interesting though.
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July 22, 2018, 04:41:55 AM
 #84

Did you know that according to the World Bank in 2016, developing economies face supply chain inefficiencies that drive up costs by up to 25% more? OEL is creating the first end-to-end solution for the supply chain industry to drastically lower costs and improve efficiency.  Smiley

I didn't know that, I'm thankful that you posted and share it with us for us to be able to know some information about it. That would be great most especially to the industry for supply. It is very interesting though.

No problem Smiley Also, OEL's blockchain architecture design is following the principles of modularity, security, cloud-based, integration, and more  Smiley There's a technical paper on their website that you can read if you're curious about tech: https://oel.foundation/wp-content/uploads/OEL-Foundation-Technical-Paper-v1.0-1.pdf
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July 25, 2018, 06:34:38 AM
 #85

Greetings everyone,

OEL has provided us with a new article about Token Economy, Pros and Cons, and Final Thoughts, so please check it out

https://medium.com/@100xicos/open-enterprise-logistics-oel-foundation-review-part-3-token-economy-pros-and-cons-and-final-c16dc627ea28
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July 27, 2018, 06:49:43 AM
 #86

This ICO project will improve the demand and supply relationship while reducing the reliance on clearing houses and brokers. The token can be used to directly connect to the suppliers with a greater speed and efficiency.
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July 28, 2018, 07:42:11 PM
 #87

This ICO project will improve the demand and supply relationship while reducing the reliance on clearing houses and brokers. The token can be used to directly connect to the suppliers with a greater speed and efficiency.

Reducing reliance is one of the benefits of the OEL ecosystem. OpenPort has established this already back in May when a blockchain-enabled invoice factoring transaction was completed.

OpenPort used its blockchain to confirm the delivery of a shipment and issue an invoice. All of this was verified without the interacting with the seller’s payor and was bought fast at a lower rate. This is a good example of providing cheap and fast transport financial backing using the blockchain.
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July 29, 2018, 01:28:12 AM
 #88

I think this project has a good concept and a team of experts, hopefully with a strong team can improve this project for the better, my friend success, I am waiting for good news next.

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July 29, 2018, 09:10:51 AM
 #89

I think this project has a good concept and a team of experts, hopefully with a strong team can improve this project for the better, my friend success, I am waiting for good news next.

Glad to have your support for the project Smiley Do join our telegram chat at https://t.me/OELFoundation if you haven't already done so Wink
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July 31, 2018, 01:10:48 AM
 #90

These are the main technical features of OEL, for those wondering:

Private Blockchain mainchain
Precompiled Smart Contracts
Virtual Machine
Private Consensus (using POS or dBFT algorithms)
Off-chain Storage (e.g. IPFS, BigchainDB)
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July 31, 2018, 05:03:27 AM
 #91

Greetings folks

First token will be an ERC20 with limited utility, and will have 1-1 parity with the full OPN token which will be generated when the mainnet goes live. The ERC will be tradeable in the meantime.
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July 31, 2018, 06:55:03 PM
Merited by david0ikari (6)
 #92

The Coin Radar have just posted an in depth article on the OEL Foundation.

Quote
OEL Foundation is built upon a team with a wealth of experience aware of exactly what problems plague the logistics industry. The vision of the OEL foundation is huge, their target market wide. Success will dependent on the involvement of key industry figures and implementation will require disruption of a fragmented, archaic system. Currently OELs weakness is public awareness; we hope to see attention grow over the coming months.

Full review: https://thecoinradar.com/oel-foundation-review/

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August 02, 2018, 12:37:24 AM
 #93

The Coin Radar have just posted an in depth article on the OEL Foundation.

Quote
OEL Foundation is built upon a team with a wealth of experience aware of exactly what problems plague the logistics industry. The vision of the OEL foundation is huge, their target market wide. Success will dependent on the involvement of key industry figures and implementation will require disruption of a fragmented, archaic system. Currently OELs weakness is public awareness; we hope to see attention grow over the coming months.

Full review: https://thecoinradar.com/oel-foundation-review/

Thank you for sharing. Marketing is something OEL is working on, so is adoption from industry leaders and companies. OEL team is actively pursuing on both ends to raise public awareness. I imagine the hype factor will only increase.

 "There is no doubt that the vision for OEL Foundation is vast and the use case is there. If successful in even just a few regions, the OEL Foundation will have made a massive impact in the logistics industry." - Absolutely, adoption is key.
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August 02, 2018, 02:08:58 AM
 #94

Road transportation forms the core of all logistics movements. It is a USD 2 trillion-dollar industry globally in 2017; Involving hundreds of thousands of movements daily – across different legs of supply chain. It involves multiple stakeholders – primary ones being shipper, transporter, driver and consignee. Supported by intermediaries, viz. logistics service providers; banks; custom brokers; technology solution providers; government agencies and regulatory bodies.

Many elements of this process have been automated. eg: Transport Management Systems integrated with ERPs; technology solutions for last mile delivery - typically used by online retailers.

However, lack of secure supply chain control in the distribution channel, particularly in less developed markets, tend to drive up distribution costs due to lost sales, penalties from late delivery, theft or pilferage, and product damage.

With multiple parties are involved in data chain – starting with delivery note from shipper or logistics service provider; commercial and tax invoice from shipper; and finally, delivery confirmation from consignee; to highlight few critical data reconciliation points. One of the greatest business problem of road transportation industry is delivery confirmation or Proof of Delivery (POD); which is prone to being inaccurate and unreliable.

This is ONE of the problems which OEL foundation is endeavouring to solve by building an open protocol for enterprise logistics applications.
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August 02, 2018, 04:55:11 AM
 #95

Road transportation forms the core of all logistics movements. It is a USD 2 trillion-dollar industry globally in 2017; Involving hundreds of thousands of movements daily – across different legs of supply chain. It involves multiple stakeholders – primary ones being shipper, transporter, driver and consignee. Supported by intermediaries, viz. logistics service providers; banks; custom brokers; technology solution providers; government agencies and regulatory bodies.

Many elements of this process have been automated. eg: Transport Management Systems integrated with ERPs; technology solutions for last mile delivery - typically used by online retailers.

However, lack of secure supply chain control in the distribution channel, particularly in less developed markets, tend to drive up distribution costs due to lost sales, penalties from late delivery, theft or pilferage, and product damage.

With multiple parties are involved in data chain – starting with delivery note from shipper or logistics service provider; commercial and tax invoice from shipper; and finally, delivery confirmation from consignee; to highlight few critical data reconciliation points. One of the greatest business problem of road transportation industry is delivery confirmation or Proof of Delivery (POD); which is prone to being inaccurate and unreliable.

This is ONE of the problems which OEL foundation is endeavouring to solve by building an open protocol for enterprise logistics applications.

OEL is ensuring transparency and trust in a highly private supply chain. Did you know that OEL has a  micro-rewards system for information sharing of data ensures greater participation and quality data amongst the supply chain participants, in both developed and developing countries.
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August 04, 2018, 08:09:09 PM
 #96

where he sends reports on bounty telegrams?
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August 04, 2018, 09:00:03 PM
 #97

where he sends reports on bounty telegrams?

For bounty-related questions, please ask in the Telegram bounty group or in the MoonForum thread

MoonForum: https://www.moonforum.net/showthread.php?2076-REWARDS-OEL-Foundation-Open-Enterprise-Logistics-Enterprise-Architecture

Rewards Telegram Group: https://t.me/OEL_Rewards
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August 05, 2018, 09:03:59 PM
 #98

Anyone read the latest review on coinradar?

They have really good faith in the team: https://thecoinradar.com/oel-foundation-review/
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August 06, 2018, 02:00:37 AM
 #99

Greetings everyone

Check out this review on how OEL solving the inefficiency in the enterprise logistics supply chain.

Quote
It is my firm belief that blockchain is the solution for big data, this is yet another use case for this technology. As per their whitepaper, this industry conforms to a mainly manual process currently. OEL, (2018) further exclaim that often is the case with these manual processes, that disputes arise between shippers and transporters over “cash flow”. I believe blockchain is the solution we all need, as it is fully secure, trust-less and reliable. OEL will solve this pain point by doing just that, utilise the blockchain
.

Read the full article: https://steemit.com/blockchain/@cryptoguru1/open-enterprise-logistics-oel-foundation-a-revolutionary-new-ecosystem-in-the-blockchain-sphere
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August 06, 2018, 02:01:53 AM
 #100

The possibilities are not every day given. all opportunities that we have not used will be gone. So join with this project and discover the world .
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August 06, 2018, 02:13:53 AM
 #101


Check out this review on how OEL solving the inefficiency in the enterprise logistics supply chain.

"OEL, (2018) further exclaim that often is the case with these manual processes, that disputes arise between shippers and transporters over “cash flow”. I believe blockchain is the solution we all need, as it is fully secure, trust-less and reliable. OEL will solve this pain point by doing just that, utilise the blockchain."

Read the full article: https://steemit.com/blockchain/@cryptoguru1/open-enterprise-logistics-oel-foundation-a-revolutionary-new-ecosystem-in-the-blockchain-sphere
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August 06, 2018, 02:28:06 AM
 #102

Kriptonoob gives us an in-depth review of the project, describing OEL Foundation as a promising mid-long term investment.

Have a read of the entire post here https://steemit.com/cryptocurrency/@kriptonoob/oel-foundation-changing-the-logistic-and-shipping-world
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August 06, 2018, 08:21:43 PM
 #103

Kriptonoob gives us an in-depth review of the project, describing OEL Foundation as a promising mid-long term investment.

Have a read of the entire post here https://steemit.com/cryptocurrency/@kriptonoob/oel-foundation-changing-the-logistic-and-shipping-world
''The Open Enterprise Logistics (OEL) Foundation team is aiming high with this project. They are already merging all important names from the transport, supply, and logistics industry with a final goal to provide them with a platform that will make their jobs simpler and create savings at the same time. If OEL team delivers everything from their roadmap, we can expect that this project will change the face of logistics and transportation and become a new industry standard.''

Seems about right! The amount of alliance members is going to rise rapidly, I'm sure of that Smiley
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August 09, 2018, 07:47:52 AM
 #104

OEL tell us that their model will improve liquidity and cash flow for all parties in the supply chain, something which is long overdue in my opinion. What we all should know by now from reading my work is that smart contracts will be central to this, essentially allowing many of the middlemen to be forgotten. Cheesy
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August 09, 2018, 12:50:50 PM
 #105

OEL tell us that their model will improve liquidity and cash flow for all parties in the supply chain, something which is long overdue in my opinion. What we all should know by now from reading my work is that smart contracts will be central to this, essentially allowing many of the middlemen to be forgotten. Cheesy

Using smart contracts powered by a token to directly connect the movement of goods with payment will greatly enhance the efficiency and speed with which both goods and payments flow between supply chain participants.
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August 10, 2018, 05:18:35 PM
 #106

Too many paper work lead to delay delivery and tardiness in operation. I think introducing block chain into supply chain will help to tackle those two issues which is part of what OEL with their partners intend to achieve.
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August 10, 2018, 11:12:46 PM
 #107

Too many paper work lead to delay delivery and tardiness in operation. I think introducing block chain into supply chain will help to tackle those two issues which is part of what OEL with their partners intend to achieve.

Yup. OEL's enterprise blockchain is easily offering the best solution to these issues so far. Have you checked out the white-paper, btw?
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August 11, 2018, 08:24:12 PM
 #108

This is one of the problems OEL Foundation is tackling:

''In many markets, a large percentage of logistics for road transport is handled by brokers known as “3PLs” (third party logistics providers, sub-contracting services) or “4PLs”(fourth parties used to manage 3PLs). When a truckload of toiletries arrives in an Indonesian town, for example, that shipment has already gone through three or even four iterations of handling by sub-contractors. The person performing the actual delivery to the consignee at the end of the supply chain could be the owner or operator of an individual van or truck. These transporters typically do not have IT systems for recording data on their shipment and rely on manual processes.

The result is that transfers are made through a fragmented base of outsourced transportation providers without real-time tracking, limiting the visibility of shipment events for the shipper.''
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August 12, 2018, 06:38:42 AM
 #109

OEL Foundation is currently pioneering supply chain financing applications using blockchain enabled proof of delivery to help transporters and SMEs receive payments faster.
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August 12, 2018, 08:14:35 AM
 #110

OEL Foundation is currently pioneering supply chain financing applications using blockchain enabled proof of delivery to help transporters and SMEs receive payments faster.
You are right on the money for that Smiley If you want to continue staying up to date with the latest news and progress of OEL Foundation, do join in our telegram group at https://t.me/OELFoundation Cheesy
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August 13, 2018, 05:00:25 AM
 #111

OEL Foundation are embraced by these four members: XVC Logistics, BSA Logistics (a member of Sinar Mas Group), Maia Global, and Bastian Consulting, extending the reach of the OEL Enterprise Architecture and further promoting blockchain innovation for the logistics space. Together, these forward thinking companies/entity in the logistics space believes  using new technologies to equip stakeholders with innovative tools to increase efficiency and reduce costs, and his key technical experience will be invaluable as we lay the foundation for a more efficient, transparent, and cost-effective logistics space.

https://paymentweek.com/2018-5-24-maia-global-bsa-logistics-xvc-logistics-join-oel-foundation-promote-blockchain-within-logistics-industry/
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August 13, 2018, 08:23:45 AM
 #112

The extra value of the OPN Tokens is added by the possibility of staking them as the node on the network. I will write more about OPN Tokenomics and upcoming TGE in the next article.
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August 13, 2018, 10:32:14 AM
 #113

The extra value of the OPN Tokens is added by the possibility of staking them as the node on the network. I will write more about OPN Tokenomics and upcoming TGE in the next article.

We are looking forward to it,
please don't forget to share it with us  Smiley Smiley Smiley
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August 13, 2018, 09:06:58 PM
 #114

Did you guys know that OpenPort, the company that is hosting the Foundation, counts some of the largest shippers in the world among its clients, and has already built a functioning blockchain product that is actually in commercial use in supply chains today?

Also AmaZix CEO, Jonas Karlberg is an advisor for the OEL foundation.
You can read more about it in this blog post.

https://medium.com/oel-foundation/welcoming-jonas-sevel-karlberg-and-mac-mcgary-to-the-oel-foundations-board-of-advisors-c657303a5e0d

Join in the conversation on telegram: https://t.me/OELFoundation
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August 15, 2018, 02:43:06 AM
 #115

Alliance members are involved in the conceptualisation, development, and implementation of blockchain applications using the OEL Enterprise Architecture, with the goal of making blockchain applications real and actionable for stakeholders.

The three tiers of membership in the OEL Foundation Alliance are:

General Members have access to the information produced by the Foundation, and to production ready applications.

Premium Members have quarterly access to the development team, along with access to software development kits (SDKs) and beta releases for early stage blockchain applications.

Enterprise Council Members influence the direction of development of the Enterprise Architecture, and can co-author articles, studies, and other content released by the Foundation. They receive the same full technology access as Premium members.

XVC Logistics, BSA Logistics and Maia Global are all premium members of OEL Foundation Alliance.
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August 18, 2018, 09:28:46 PM
 #116

What will you be able to do with OPN tokens?

The OPN Token is the utility token powering the OEL Protocol through four key utility functions:

1.    Smart contract validation
2.    Micro-rewards and incentivisation
3.    Point of Access
4.    Staking


So in the future after you've purchased OPN tokens, you will be able to use them to stake on the platform and earn rewards!
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August 18, 2018, 09:59:49 PM
 #117

Consider the socioeconomic impact of OEL's vision on logistics:

Most trucks are empty on the way back, by encouraging drivers to share information on their available capacity we can drive Backhaul optimization = more efficient usage of trucks = lower costs to shippers, more revenues to transporters and less trucks on our roads for the same volumes transported -> less pollution, less traffic.

Also, with blockchain tech, we can now truly make CSR audit on road transport activities of large companies (we know which type of trucks moved which good from point A to point B). This level of granular data for each shipments did not exist before.
Security impact, truck drivers are most of the time sleep deprived and try to cut down on breaks to finish their delivery as fast as possible (they drive all night). With micro intensitives and smart contracts we can incentives drivers to take breaks every few hours, improving security for the driver and reducing risk for the shipper.

This is just a few examples...
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August 19, 2018, 04:31:43 PM
 #118

Hi everyone, if you are just learning about the project, check out this great review

https://www.youtube.com/watch?v=0477kQN4eEM

And if you have any questions at all you can just post them here, or join the telegram conversation: https://t.me/OELFoundation
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August 20, 2018, 03:55:25 AM
 #119

Greetings folks

In this video, OEL Foundation board member Max Ward sits with Jason English of Sweetbridge to discuss the powerful applications for driving liquidity in the supply chains that can be built on the partnerships between these entities.

https://www.youtube.com/watch?v=Zf2yywR8AaY&feature=youtu.be
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August 20, 2018, 09:42:01 PM
 #120

Greetings folks

In this video, OEL Foundation board member Max Ward sits with Jason English of Sweetbridge to discuss the powerful applications for driving liquidity in the supply chains that can be built on the partnerships between these entities.

https://www.youtube.com/watch?v=Zf2yywR8AaY&feature=youtu.be

Pretty insightful interview. Max is well spoken and really drives down the point of how blockchain can solve logistics issues.
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August 21, 2018, 02:31:47 AM
 #121

Hey guys,

If you haven't already, make sure to check out this TechBullion article which just summarizes the OEL project:

https://www.techbullion.com/oel-foundation-the-open-enterprise-logistics-blockchain-ecosystem/
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August 23, 2018, 08:48:59 PM
 #122

There have been a few questions about token allocation and Openport's role in this. Openport will be allocated 10% of the supply and these tokens will be distributed to OpenPort according to a 15-month vesting schedule. Advisors and partners will be allocated 5% of the supply and these are subject to a 12-month vesting schedule Smiley

For more on this, check out page 34 and onwards of the whitepaper: https://oel.foundation/assets/whitepaper/oel_foundation_whitepaper_v1.0.pdf
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August 24, 2018, 04:50:20 AM
 #123

There have been a few questions about token allocation and Openport's role in this. Openport will be allocated 10% of the supply and these tokens will be distributed to OpenPort according to a 15-month vesting schedule. Advisors and partners will be allocated 5% of the supply and these are subject to a 12-month vesting schedule Smiley

For more on this, check out page 34 and onwards of the whitepaper: https://oel.foundation/assets/whitepaper/oel_foundation_whitepaper_v1.0.pdf

OpenPort is going to be playing a key role in developing the OEL Enterprise Blockchain, so that makes sense.
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August 24, 2018, 08:56:12 PM
 #124

This is for bounty hunters  Cool

Check out the rewards thread and join the Telegram group

REWARDS PROGRAM

MoonForum: https://www.moonforum.net/showthread.php?2076-REWARDS-OEL-Foundation-Open-Enterprise-Logistics-Enterprise-Architecture

Rewards Telegram Group: https://t.me/OEL_Rewards
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August 25, 2018, 07:23:24 PM
 #125




Learn more about the Token Generation Event
https://oel.foundation/token-generation-event/
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August 26, 2018, 03:27:53 AM
 #126




Learn more about the Token Generation Event
https://oel.foundation/token-generation-event/

Phase 1 starting end of Q3 2018!
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August 26, 2018, 03:48:18 AM
 #127

Seeing from the purpose of this project to have many benefits needed to develop the future, I hope this project can develop well and can have many investors.
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August 26, 2018, 07:39:27 AM
 #128

Seeing from the purpose of this project to have many benefits needed to develop the future, I hope this project can develop well and can have many investors.
I believe the team appreciates your support & are glad to have you here too Smiley
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August 26, 2018, 08:32:01 PM
 #129

Since this thread has begun the team has been growing  Grin

Of course, there is a full list of all the team and advisors on the website including LinkedIn links here:
https://oel.foundation/leadership/

Here we have some additions to the tech side of things, Paul Bell and Relly Noman with over 40 years of technology experience.

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August 26, 2018, 09:10:33 PM
 #130

 I hope the development team can do their best at every opportunity to make this project grow into a great and rewarding project for many people.
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August 27, 2018, 03:54:23 AM
 #131

I hope the development team can do their best at every opportunity to make this project grow into a great and rewarding project for many people.

Thanks for the encouragement, the team is working hard to realize the roadmap. Be sure to follow their social media and join the discussion.

Medium blog: https://medium.com/oel-foundation
Reddit: https://old.reddit.com/r/OELFoundation/
Twitter: https://twitter.com/OELFoundation
LinkedIn: https://www.linkedin.com/company/oelfoundation/
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August 29, 2018, 12:36:46 AM
 #132

A promising option for ensuring transparency and trust in a highly private supply chain. This blockchain technology will be a one source of truth for indisputable recordkeeping of all events in the supply chain process, from pickup to final delivery.
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August 29, 2018, 09:00:56 PM
 #133

How will the OPN token be used??  Roll Eyes

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August 30, 2018, 04:53:43 AM
 #134

Another good thing about OEL is their micro-rewards system for information sharing of data ensures greater participation and quality data amongst the supply chain participants, in both developed and developing countries.
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August 31, 2018, 12:15:54 PM
 #135

OEL Foundation Featured in Top 8 ICOs to Watch in Q3 / Q4 2018

Source = https://thecoinradar.com/icos-to-watch-q4-2018/

Quote
OEL is a non-profit organisation founded by existing company OpenPort, whose creation is intending to bring numerous stakeholders and supply chain leaders in the industry into an alliance. Together, these key figures will form the basis of a board that will make decisions collectively to improve current flaws in the logistics industry and propel the use of OpenPort’s blockchain-based solution.

The OEL Foundation has been established so that those within the supply chain industry can come together to work toward a shared objective that encourages adoption of a single solution that encompasses all parties. Because of the fragmented nature of the industry, success would not be possible otherwise.

By switching to a blockchain-based system (initially built on Ethereum) actions along the supply chain are recorded digitally as immutable entries on the blockchain. This means all records throughout a shipment's journey such as locations, handovers and exceptions along the way are all linked to an indisputable digital agreement (i.e. a smart contract). This comes with the following benefits:

Through the use of a distributed ledger, all entries form a tamper-proof log of activity across the consignments journey. – This limits room for dispute and allows immediate shipment updates to be shared across the network transparently.

This transparency reduces room for disagreement and improves efficiency. All parties are able to see alerts as they happen, allowing those affected to make decisions in real time, based on the entries provided by those on ground level.

Because of the improved trust and automation that comes with a blockchain-based system. The need for a middleman is also greatly reduced, thus saving overheads on third party contractors resulting in significant supply chain savings.

In addition to this, documents, fees and payments can be all be transferred instantly through the use of a predefined smart contract. Once all parties are satisfied, manufacturers, customer and shipping companies, all parties can be paid almost immediately. Cutting average payment speeds down from months to a small number of days.

OEL Foundation is built upon a team with a wealth of experience aware of exactly what problems plague the logistics industry. The vision of the OEL foundation is huge, their target market wide. Success will dependent on the involvement of key industry figures and implementation will require disruption of a fragmented, archaic system.

https://thecoinradar.com/icos-to-watch-q4-2018/

▄▄▄▄▄▄▄▄▄▄▄ ▄ ■        SKYNET        ■ ▄ ▄▄▄▄▄▄▄▄▄▄▄
▐▬▬▬▬▬▬▬▬▬▬     PRIVATE SALE is LIVE     ▬▬▬▬▬▬▬▬▬▬▌
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August 31, 2018, 12:45:14 PM
 #136

OEL Foundation Featured in Top 8 ICOs to Watch in Q3 / Q4 2018

Source = https://thecoinradar.com/icos-to-watch-q4-2018/

Quote
OEL is a non-profit organisation founded by existing company OpenPort, whose creation is intending to bring numerous stakeholders and supply chain leaders in the industry into an alliance. Together, these key figures will form the basis of a board that will make decisions collectively to improve current flaws in the logistics industry and propel the use of OpenPort’s blockchain-based solution.

The OEL Foundation has been established so that those within the supply chain industry can come together to work toward a shared objective that encourages adoption of a single solution that encompasses all parties. Because of the fragmented nature of the industry, success would not be possible otherwise.

By switching to a blockchain-based system (initially built on Ethereum) actions along the supply chain are recorded digitally as immutable entries on the blockchain. This means all records throughout a shipment's journey such as locations, handovers and exceptions along the way are all linked to an indisputable digital agreement (i.e. a smart contract). This comes with the following benefits:

Through the use of a distributed ledger, all entries form a tamper-proof log of activity across the consignments journey. – This limits room for dispute and allows immediate shipment updates to be shared across the network transparently.

This transparency reduces room for disagreement and improves efficiency. All parties are able to see alerts as they happen, allowing those affected to make decisions in real time, based on the entries provided by those on ground level.

Because of the improved trust and automation that comes with a blockchain-based system. The need for a middleman is also greatly reduced, thus saving overheads on third party contractors resulting in significant supply chain savings.

In addition to this, documents, fees and payments can be all be transferred instantly through the use of a predefined smart contract. Once all parties are satisfied, manufacturers, customer and shipping companies, all parties can be paid almost immediately. Cutting average payment speeds down from months to a small number of days.

OEL Foundation is built upon a team with a wealth of experience aware of exactly what problems plague the logistics industry. The vision of the OEL foundation is huge, their target market wide. Success will dependent on the involvement of key industry figures and implementation will require disruption of a fragmented, archaic system.

https://thecoinradar.com/icos-to-watch-q4-2018/

Thanks for sharing that. The team is really happy to have you.
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August 31, 2018, 11:10:12 PM
 #137

At this time the Logistics industry needs a lot of changes, integration with blockchain is a good choice to develop this sector. OEL Foundation is one of the new players in this sector that offers several advantages, I think this project will have a good impact on the logistics industry.
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September 01, 2018, 04:35:36 AM
 #138

As a proof-of-stake blockchain, the OEL Enterprise Architecture is optimised across four key criteria:

1. Low costs and consistent transaction speed – For scalability
2. Data confidentiality – For enterprise-grade applications
3. Rewarding data sharing – For bridging the gap between the physical supply chain and the decentralized ledger
4. Open collaborative governance – For ensuring standards required of all participants in the supply chain.
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September 01, 2018, 08:03:53 AM
 #139

At this time the Logistics industry needs a lot of changes, integration with blockchain is a good choice to develop this sector. OEL Foundation is one of the new players in this sector that offers several advantages, I think this project will have a good impact on the logistics industry.
Like you said, it will make same major changes and it will be great for the logistics industry.
Thank you very much for your kind words and supporting the project  Smiley

If you are not on our Telegram group, please join us https://t.me/OELFoundation  Smiley
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September 02, 2018, 08:54:55 PM
 #140

The Open Enterprise Logistics (OEL) Foundation is a non-profit organization providing governance and resources for the development of the OEL blockchain ecosystem. The OEL ecosystem comprises the open-source OEL Enterprise Architecture, OPN Token and members of the OEL Alliance. A global initiative headquartered in Hong Kong, the Foundation promotes innovative blockchain technologies for enterprise logistics applications.

Check out this introduction video by ICOGenius if you are new to OEL: https://www.youtube.com/watch?v=q0xgQiJDbv4
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September 02, 2018, 09:09:49 PM
 #141

Want a more in depth look at some of the architectures in the platform?

Take a look at the team's tech paper: https://oel.foundation/wp-content/uploads/OEL-Foundation-Technical-Paper-v1.0-1.pdf

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September 03, 2018, 03:31:10 PM
 #142

Now I see that one of the factors that hinder the growth of some blockchains is their inability of seemless co-functionality. I hope the new OEL will rectify those issues.
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September 03, 2018, 08:45:34 PM
 #143

Now I see that one of the factors that hinder the growth of some blockchains is their inability of seemless co-functionality. I hope the new OEL will rectify those issues.
That's right  Grin

Everything will be managed by dApps and smartcontracts. For example, drivers can be incentivized and will be able to receive micro-rewards using OPN tokens. There's also something called Fatigue Management – the tracking and management of driver hours. This can be greatly improved so safety and reliability in transport networks themselves could be improved also. Next to a promising high grade architecture, the alliance is growing day by day Gone are the days of headaches in logistics!
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September 06, 2018, 03:54:44 AM
 #144

OEL Foundation has come up with the idea of having an open source decentralized infrastructure for the sake of logistics applications. OEL Foundation aims at improving the efficiency and the authentication in the logistic ecosystem significantly.
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September 07, 2018, 03:13:53 AM
Merited by unamis76 (1)
 #145

After reading the OEL Foundation mission statement, I can't help but get excited for where this project is going to go!

Enterprise logistics in the supply chain is burdened by an unreliable and largely manual paper-based process. The resulting lack of transparency and absence of secure, trusted information creates cash flow delays and payment disputes affecting shippers and transporters globally. This situation makes maintaining liquidity very difficult in the transport industry.

The OEL Foundation’s mission is to remove this burden through the adoption of a common, shared, and open source enterprise architecture utilising blockchain technology.
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September 08, 2018, 03:43:36 AM
 #146

Security and privacy is not a problem in the ecosystem as the OEL Foundation complies with industry standards and best practices to ensure that users have full control over their personal data in addition to protecting the data as much as possible.

The OEL Foundation will also introduce a rewards-based model where users are rewarded in OPN Tokens (the platform’s official utility token) for sharing their supply chain data, a move that incentivizes participants fairly for their positive contributions to the platform.
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September 09, 2018, 07:30:15 AM
 #147

Got this really nice article on how OEL can help to optimize the global supply chain and it also explains why blockchain is a necessity for them Cheesy

Link: https://medium.com/@100xicos/open-enterprise-logistics-oel-foundation-review-part-1-optimizing-the-global-supply-chain-e7dc4886c779
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September 15, 2018, 01:15:53 AM
 #148

Got this really nice article on how OEL can help to optimize the global supply chain and it also explains why blockchain is a necessity for them Cheesy

Link: https://medium.com/@100xicos/open-enterprise-logistics-oel-foundation-review-part-1-optimizing-the-global-supply-chain-e7dc4886c779

Nice. I really liked the following fact:

Quote
Extreme lack of supply logistics control in things such as timetables, inventory management and shipping destinations mean that these developing nations rack fines up that can be easily avoided with more accurate systems.

I think it presents a huge opportunity for OEL to bring solutions to emerging markets.
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September 15, 2018, 02:53:22 AM
 #149

An impressive aspect of the OEL Foundation is the team’s dedication to maintaining industry standards and best practices in the development of the system. With the help of blockchain technology, the organization will eliminate disputes by confirming records on the blockchain the moment it is verified e.g after a satisfied business receiving their goods on time.

The OEL Foundation’s solutions are also designed in a such a way that benefits the transport industry as a whole instead of only benefiting one or two major companies.
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September 16, 2018, 04:41:05 AM
 #150

An impressive aspect of the OEL Foundation is the team’s dedication to maintaining industry standards and best practices in the development of the system. With the help of blockchain technology, the organization will eliminate disputes by confirming records on the blockchain the moment it is verified e.g after a satisfied business receiving their goods on time.

The OEL Foundation’s solutions are also designed in a such a way that benefits the transport industry as a whole instead of only benefiting one or two major companies.

Yup, bringing in more transparency and data from the supply chain together is incredibly beneficial to every company and process of global trade. It helps reduce costs and remove inefficiencies.
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September 25, 2018, 01:57:38 AM
 #151

Open Enterprise Logistics will run on a proof of stake blockchain concept, optimizing their chain across scalability, transparency/trust, data security, and sharing rewards.

Scalability: The OEL platform ensures consistent transaction speeds with minimal cost effects.

Transparency/Trust: OEL’s ecosystem provides a completely open platform through decentralization and blockchain technology, ensuring transparency and trust to all market makers.

Data Security: OEL provides full privacy and security of user data, abiding by regulations set forth in GDPR.

Sharing Rewards: OEL rewards supply chain market hitters when they share their supply chain data and locations through the distribution of their ICO token, OPN.
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October 08, 2018, 06:21:37 PM
 #152


OEL is an open source decentralized infrastructure for logistics applications

One major problem in the supply chain of enterprise logistic is the unreliable and largely manual paper-based process.

This problem leads to the lack of transparency and the absence of secure, cash flow delays and payment disputes affecting shippers and transporters globally. This situation makes maintaining liquidity very difficult in the transport industry.

The OEL Foundation’s mission is to remove this problem through the adoption of a common, shared, and open source enterprise architecture utilizing blockchain technology.

That's just a small introduction. You can watch this interview of the founder Max Ward. He speaks about the problem and the OEL foundation solution in-depth Smiley

https://www.youtube.com/watch?v=MKVr5RRSOVk&t=38s

If you have any questions, please join the official Telegram group and post them there. The moderators are available 24/7 Smiley
https://t.me/OELFoundation

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October 14, 2018, 10:54:56 AM
 #153

Join OEL in its telegram group now to stay up to date with all their latest news & announcements! https://t.me/OELFoundation
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October 15, 2018, 04:33:18 AM
 #154

Anyone who has to gauge logistical risk will see worth not just in the blockchain protocol layer that facilitates the source of value but also the application layer that is used to connect to the technology.

The OEL Foundation themselves are a non-profit organization open to enterprises in the supply chain and logistics industry who believe that measurable case studies will soon replace the concepts and proposals currently dominating the industry.
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October 20, 2018, 07:24:00 AM
 #155

Slightly old news but i think people would benefit reading again on how the good folks from Kriptonoob describes OEL Foundation as a promising mid-long term investment Cool

Link:
https://steemit.com/cryptocurrency/@kriptonoob/oel-foundation-changing-the-logistic-and-shipping-world
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October 22, 2018, 03:33:16 AM
 #156

Hey guys, check out this ICO Examiner article discussing how the United States Naval Air Systems Command (NAVAIR) is exploring using blockchain to track aircraft parts in conjunction with Indiana Technology and Manufacturing Companies (ITAMCO).

https://www.icoexaminer.com/ico-news/us-navy-explore-blockchain-supply-chain-solution/
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November 12, 2018, 02:16:38 AM
 #157

Found this interesting article on OEL and how it is solving the inefficiency in the enterprise logistics supply chain.

This is a very comprehensive article that covers the different areas of what OEL is trying to achieve and their unique value proposition, including pain points that the project is aiming to solve, the OEL ecosystem and architecture, tokenomics, distribution of tokens and the roadmap.

In a nutshell, what OEL envisages is an ecosystem which centres around blockchain technology; this should provide a huge array of improvements and efficiency to the current systems. OEL is providing a one-stop solution for every party in the supply chain and a platform which will vastly improve the speed of payments and improve information management.

https://steemit.com/blockchain/@cryptoguru1/open-enterprise-logistics-oel-foundation-a-revolutionary-new-ecosystem-in-the-blockchain-sphere
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