What Is Morpheus.network?
Morpheus was built to make logistics easier using blockchain technology. Combining the most brilliant minds in global trade, information security, blockchain, and artificial intelligence, Morpheus.Network aims to fix the inefficiencies that the World Economic Forum has identified in a $15 trillion USD industry.
Morpheus Storage Key Points
|Circulating Supply||47,180,013.86 MRPH|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Disrupting Global Supply
The world economy relies on a fast and efficient global supply chain which is an industry valued over 15 trillion USD. However, global trade contains various challenges and inefficiencies. The World Bank has defined supply chain inefficiencies as the #1 world problem to solve in order to stimulate economic growth.
Backed By Industry Experts
Morpheus Coin team possesses the expertise needed to make Morpheus.Network run as smoothly and safely as possible. This includes team members with significant experience in development (blockchain, IoT, ML, AI) project management, importing and exporting, shipping and compliance, web and blockchain security, banking platforms, tax accounting, regulations and legal.
They integrates with over 100 industry leading technologies and service providers. These key integrations facilitate SWIFT settlements with traditional banking worldwide, and allow us to incorporate the “layering” of other blockchain technologies to be included as necessary objectives in a given workflow.
Integrates with over 100 industry leading technologies and service providers. These key integrations facilitate settlements with traditional banking worldwide, and allow us to incorporate the “layering” of other blockchain technologies to be included as necessary objectives in a given workflow.
Morpheus Smart Contracts drive the supply chain with predetermined, automated work contracts, shipping & customs documents, as well as fast international payments to over 1600 banks globally.
Payments are automated using Smart Contracts, which can be sent or received in any currency or cryptocurrency globally. Settlements are initiated through the SWIFT Network, supporting 200+ countries worldwide.
The Morpheus Coin platform runs blockchain-agnostic, and is compatible with any blockchain infrastructure a company wishes to use. For example, two companies can leverage all platform benefits without the same blockchain infrastructure implemented (e.g. Ethereum and Hyperledger).
The layering of new and existing technologies – legacy or blockchain – further enables supply chain automation. Integrations include utilizing Fedex’s tracking technology to signify shipment arrivals, or Ripple as a settlement objective in a supply chain Smart Contract.
MRPH is the fuel of Morpheus automation platform. allows Ethereum-based Smart Contracts to be used as predetermined, automated work contracts, shipping & customs documents, and automated international payments. Tokens can be used as a value based utility (as cash), or to pay for transaction fees. In essence, MRPH tokens power the necessary components to optimize global trade.
The MRPH token is an ERC-20 token, operated on the Ethereum mainnet. Ethereum was chosen based on its native ability to process smart contracts and the fact that it is one of the most secure and widely recognized decentralized networks. Ethereum Smart Contracts are applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
Morpheus Coin is a proud member of the Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative. Another benefit is that any Ethereum wallet can accept the Morpheus.Network token (MRPH), including Myetherwallet, Ledger Nano Units, and more. Thus, the network provides a high degree of flexibility and interoperability.
The platform creates a digital representation of a supply chain by turning information into actionable data and notarizing the actions and events and completion of supply chain processes using distributed ledger technology. Just a few examples, to make this concept more understandable:
- Sensor Data, typically found in Internet of Things (IoT) applications: Using data from temperature sensors in cold food chains to ensure adherence to regulations from production to shelf and implement warning systems along the supply chain. Also tracks accountability based on timestamps of transactions (e.g. handover points) that can be used to automate insurance reimbursements.
- Document Handling System: Manually created and signed documents (e.g. Bill of Lading, Custom documents) can now be digitized using advanced technologies, such as OCR and digital signatures. This allows all parties to implement automated cross-checks with documents in workflows.