Afternoon Coffee: ZeroChaos Rebrands as Workforce Logiq; GE GeniusLink Taps ODEM for Blockchain Tools

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Global workforce management provider ZeroChaos has changed its name to Workforce Logiq, it said this week.

The name is meant to highlight its IQ in the field and its focus on business intelligence as well as its AI-powered models used to manage the contingent workforce, an announcement said.

“The ZeroChaos name served our clients well over the past 20 years,” said Jim Burke, CEO of Workforce Logiq, in the announcement. “As organizations are demanding greater management, performance and financial control over their global workforce and talent supply chains, the Workforce Logiq brand better expresses the full value of what we do today — combining human and data-driven intelligence to make workforce management easier for HR and procurement teams.”

Workforce Logiq’s solutions portfolio include programs for managed service provider (MSP), vendor management system (VMS) and recruitment process outsourcing (RPO).

Verifying Via Blockchain

GeniusLink, a part of GE's Global Operations organization that provides external experts and  crowd services to GE and external clients, will be partnering with Switzerland-based ODEM for its blockchain tools and technology.

ODEM, founded in 2017, will be launching its “On-Demand Education Marketplace” in Q1 of this year. Last year, GE GeniusLink was placed on Spend Matters’ 2018 “50 to Watch List.”

According to the announcement, ODEM is developing the ODEM Platform on the Ethereum blockchain to streamline the organization and delivery of academic courses and certification. GeniusLink will verify the professional qualifications of its expert consultants using ODEM's blockchain certificates, the announcement said.

Dyan Finkhousen, GeniusLink’s director of open innovation and advanced manufacturing, was quoted in the announcement as saying “the most competitive organizations are engaging crowdsourced and freelance talent to get business done. Doing so requires a level of trust on both the part of the client and expert. Platforms like ODEM's provide an extra vote of confidence in those newfound geniuses — offering a secure digital fingerprint to attest their true skills and accomplishments."

Shutdown Delays IPOs

The partial government shutdown is hampering companies’ efforts to go public, The Wall Street Journal reports, stating: “It now looks likely that no major company will tap the U.S. IPO market this month. Since 1995, there have been just three years that had a new-issue drought in January, according to Dealogic data.”

Jeff Bezos, Wife to Divorce

And, finally, an update on people: Amazon founder Jeff Bezos and his wife, MacKenzie, announced Wednesday that they will divorce after 25 years of marriage. Bloomberg News has the details and how markets shrugged at the news.

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