The supply chain industry generates over 13% of global GDP and is the lifeblood of the global economy. Innovations in this industry drive savings to every business and consumer on the planet.
Trillions of dollars are spent every year transporting everything from raw materials to finished goods, and every year billions in value is lost due to delays and disputes, driving up transport costs and slowing the cash flow cycle. The largest brands in the world lose 1% of revenue they can never invoice without proof of delivery to retailers, and transporters wait weeks to be paid.
The industry is ready to move to a blockchain-based platform that provides real transparency and proof of activity. This will allow every participant to invoice and be paid faster, grow their business, improve service and lower costs.
The Open Enterprise Logistics (OEL) Foundation and Alliance has been established to provide a standard Enterprise Architecture for all supply participants to build logistics dApps and blockchain-enable their technology.
Early adopters have already achieved real-world success, with Alliance member OpenPort becoming the first in the world to sell a blockchain-powered transport invoice on the AssetChain marketplace. https://bit.ly/2GqoBHD
OEL Alliance members are acting now to remove the paper trail, create trust and liquidity, and bypass intermediaries.
Members – from the largest shippers to the smallest transporters – will use the OPN (“open”) token to fuel the ecosystem behind one of the largest industries in the world. The TGE for OPN is a chance be part of an enterprise project that will change how goods and payments flow through the supply chain.
Website: https://oel.foundation/
Telegram: https://t.me/OELFoundation
ANN thread: https://bit.ly/2l986r8
Trillions of dollars are spent every year transporting everything from raw materials to finished goods, and every year billions in value is lost due to delays and disputes, driving up transport costs and slowing the cash flow cycle. The largest brands in the world lose 1% of revenue they can never invoice without proof of delivery to retailers, and transporters wait weeks to be paid.
The industry is ready to move to a blockchain-based platform that provides real transparency and proof of activity. This will allow every participant to invoice and be paid faster, grow their business, improve service and lower costs.
The Open Enterprise Logistics (OEL) Foundation and Alliance has been established to provide a standard Enterprise Architecture for all supply participants to build logistics dApps and blockchain-enable their technology.
Early adopters have already achieved real-world success, with Alliance member OpenPort becoming the first in the world to sell a blockchain-powered transport invoice on the AssetChain marketplace. https://bit.ly/2GqoBHD
OEL Alliance members are acting now to remove the paper trail, create trust and liquidity, and bypass intermediaries.
Members – from the largest shippers to the smallest transporters – will use the OPN (“open”) token to fuel the ecosystem behind one of the largest industries in the world. The TGE for OPN is a chance be part of an enterprise project that will change how goods and payments flow through the supply chain.
Website: https://oel.foundation/
Telegram: https://t.me/OELFoundation
ANN thread: https://bit.ly/2l986r8