Morpheus: Automation middleware in global supply chains, a potential driver for blockchain technology adoption
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Morpheus: Automation middleware in global supply chains, a potential driver for blockchain technology adoption
The global supply chain and trade finance system network exchanges billions of paper documents annually.
Navigating Web3 tides with focused insights
Written by: Crypto Nova
Translated by: TechFlow
You might assume that global trade has already gone fully digital due to improved efficiency and lower costs.
Unfortunately, that's not the case. The network of global supply chains and trade finance systems exchanges billions of paper documents annually.
This slow and expensive process impacts everyone in the global trade industry.
Paper-based operations are manual, adding unnecessary cost to global trade. Without verifiable digital tracking, assets become untraceable throughout their transportation lifecycle.
Morpheus aims to solve this problem with its automated supply chain middleware platform. This middleware leverages blockchain technology, enabling all documents to be verified and tracked in an immutable manner.
It uniquely layers on top of existing industry technologies, reducing both cost and time lag between products and consumers. Morpheus’ platform exists in the cloud space bridging blockchain and the Internet of Things (IoT).
A key proposition from Morpheus is that its ecosystem can easily integrate various technologies into a single unified format. By offering user-friendly interfaces, the ecosystem aims to penetrate the lucrative supply chain sector.
Key features provided by Morpheus’ middleware for enterprises include:
- Document processing system
- Digital identity
- Anti-fraud protocols
- Big data analytics
Modern supply chain management solutions include:
- Automation
- Multi-process payments
- Integration
- Layered technology
Morpheus Network is secured by Hackenproof. This adds an additional security layer atop the team’s already rigorous standards, significantly enhancing Morpheus’ ability to detect threats early.
MNW tokens serve as the fuel powering their middleware solution, Morpheus Network. This enables smart contracts to execute not only automation tasks but also shipping, customs clearance, payments, and other documentation and agreements.
The total supply of MNW tokens is 47.9 million, and all tokens have already been unlocked. This means there will be no future sell pressure from the project side, nor any form of token inflation. This greatly reduces potential selling pressure in the future, making it highly attractive to investors.
The project team consists of elite professionals from both global trade and the Web domain:
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Danny WeinBerger, Co-founder and CEO, brings over 15 years of experience in global trade.
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Noam Eppel, Co-founder and COO, has over 15 years of experience in web development and information security.
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Crypto Kitty is Director at Meow.com.
Morpheus Network integrates with over 100 leading technology and service providers across various industries. These critical integrations facilitate settlements via SWIFT with traditional global banks and allow the incorporation of "layered" blockchain technologies.
What sets Morpheus apart is its integration of a middleware solution that easily interoperates with traditional IT infrastructure. It introduces a simpler system enabling companies to automate execution seamlessly.
As development and adoption accelerate, Morpheus middleware may become a crucial component across the world’s entire supply chain. Moreover, we’ve recently seen strong market performance from Morpheus. This trend is likely to continue in the coming years—only time will tell.
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