Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


Announcement comes as the OEL Foundation welcomes former Technical Project Manager at Prudential Mark Nelson as CTO

The Open Enterprise Logistics (OEL) Foundation, the non-profit organization open to enterprises in the supply chain and logistics industry, today welcomed four new 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. The announcement coincided with the appointment of Mark Nelson as CTO of the OEL Foundation.

Maia Global, the company that specializes in the management and optimization of temperature-sensitive supply chains, joins XVC Logistics, the Philippines based logistics operator, BSA Logistics and Bastian Consulting, the boutique search practice as the latest members of the OEL Foundation, following its official launch last month.

Paul Good, CEO of BSA Logistics, one of Indonesia’s premier logistics services companies said, “The OEL Foundation is the ideal alliance to develop a community-led blockchain ecosystem built on the values of collaboration and innovation. It’s a great privilege to work alongside leading industry figures in building the blockchain-powered logistics industry of the future.”

The announcement of the four new members comes as the OEL Foundation appointed seasoned IT professional Mark Nelson as its CTO. Nelson has held global and regional roles as head of IT, Operations and Finance and has been a consultant for major players in the banking and insurance sectors such as ING, RBS, SocieteGenerale, Bupa and Prudential. Nelson’s impressive body of work includes the development and successful implementation of advanced systems solutions, and he is an active developer using leading web applications, blockchain and Artificial Intelligence technologies.

Commenting on the appointment, OpenPort CEO and Board Member of the OEL Foundation Max Ward said, “Today is truly a landmark day for the OEL Foundation, welcoming four of the most innovative and forward-thinking logistics operators in the world, as well as our esteemed new CTO, Mark Nelson. Mark has a rich history of 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.”

Newly appointed CTO of the OEL Foundation, Mark Nelson said, “I’ve greatly admired the OEL Foundation’s track record of evolution, education, and development in the blockchain-powered logistics space and I hope to continue that leadership as I join the experienced management team. With our planned roadmap, I look forward to supporting the OEL Foundation’s innovative and collaborative culture in the supply chain industry.”

The Open Enterprise Logistics (OEL) Foundation is a non-profit organization committed to providing governance, development, and open source collaboration for the OEL Enterprise Architecture. The OPN utility token fuels the OEL Protocol. The Foundation will host a TGE over two phases conducted later in 2018 and 2019. The first phase will be for an ERC20 token with 1-1 parity to the OPN token which will be issued upon launch of the main net in the second phase.

Continue Reading

Recent Posts