Basically, the Open Enterprise Logistics Foundation is just a fancy name for the startup incubator located in Hong Kong. It looks shady as hell because I can't access their website or find any reliable info about this project online. It doesn't matter anyway, because even if OEL hasn't ceased its operations, as it apparently did, this initiative would crash and burn as no one would pay attention to such a vaguely presented idea.
Dwayne October 2, 2019 Reply
I believe this project to be a scam because I couldn't find any information about Open Enterprise Logistics in the LinkedIn profiles of its "founders and team members", particularly Nicolas Husson, Morten Andersen, and Max Ward. Although the first two of them are involved with the project called OpenPort that has a concept similar to the one of Open Enterprise Logistics. It accelerates the cash flow in the supply chain, and operates in Asia. Or maybe they have re-branded because the Twitter account of the OEL Foundation has been dead for nearly a year.
Daniel August 12, 2019 Reply
The project has a good vision, but as we stated before - there are many similar ones aiming to achieve the same, meaning that OEL is by no means unique. Still, despite the competition, there is a possibility that OEL might come up with an approach that is better, and that no other team has considered it in the past, although the possibility is not very strong. It has a decent team, although not that many advisors, which might be something that they should look into further.
Farrel August 7, 2019 Reply
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