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DutchTranslator
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August 23, 2018, 08:48:59 PM |
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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 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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GreenSkyTrails
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August 24, 2018, 04:50:20 AM |
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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 For more on this, check out page 34 and onwards of the whitepaper: https://oel.foundation/assets/whitepaper/oel_foundation_whitepaper_v1.0.pdfOpenPort is going to be playing a key role in developing the OEL Enterprise Blockchain, so that makes sense.
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oa17
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August 24, 2018, 08:56:12 PM |
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oa17
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August 25, 2018, 07:23:24 PM |
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GreenSkyTrails
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August 26, 2018, 03:27:53 AM |
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Phase 1 starting end of Q3 2018!
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naderba666
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August 26, 2018, 03:48:18 AM |
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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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Lensherr
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August 26, 2018, 07:39:27 AM |
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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
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ribenapurpz
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August 26, 2018, 08:32:01 PM |
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Since this thread has begun the team has been growing 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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adefirman98
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August 26, 2018, 09:10:33 PM |
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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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imma24
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August 29, 2018, 12:36:46 AM |
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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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ribenapurpz
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August 29, 2018, 09:00:56 PM |
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How will the OPN token be used??
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imma24
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August 30, 2018, 04:53:43 AM |
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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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ThatICOguy
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The Coin Radar
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August 31, 2018, 12:15:54 PM |
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OEL Foundation Featured in Top 8 ICOs to Watch in Q3 / Q4 2018
Source = https://thecoinradar.com/icos-to-watch-q4-2018/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/
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tsby1988
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August 31, 2018, 12:45:14 PM |
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OEL Foundation Featured in Top 8 ICOs to Watch in Q3 / Q4 2018
Source = https://thecoinradar.com/icos-to-watch-q4-2018/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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zulkarnaen
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August 31, 2018, 11:10:12 PM |
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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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imma24
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September 01, 2018, 04:35:36 AM |
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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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Joshuella24
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September 01, 2018, 08:03:53 AM |
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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 If you are not on our Telegram group, please join us https://t.me/OELFoundation
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DutchTranslator
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September 02, 2018, 08:54:55 PM |
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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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