Morpheus platform

Table of contents:

1. Morpheus platform
2. Goal
3. Problems and solutions
4. Benefits
5. How does it work
6. ICO Details
7. Conclusion

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Morpheus platform

Morpheus is the first platform designed to perform large money transfers with the participation of more than 1600 international banks using the latest and fastest "blockade" technology as a goal in the Smart Contract for making transactions internationally. It is designed for importers and exporters, who now have an alternative to standard international bank transfers, expensive, slow, unprotected and simply obsolete.

The Morpheus platform is a simplified instrument interface. The process of interacting with the platform with the help of making edits or adding items to Smart contracts for your supply chain is intuitive and easy when navigating. You can easily check the movement of funds and documentation for any of the transactions, and use any Morpheus functions, such as storing payments or digitizing documents.

Goal

Morpheus was developed with many people from the world's largest shipping, configuration and banking companies to create fully-functional and international, automated supply chain platforms with an integrated crypto-cash payment system that uses all of Blockchain's technology.

When all technical documents need to be shared with several institutions, placing records in the blockroom allows us to see updates in real time, but not change or accidentally change and Morpheus can eliminate the complexity of this entire process.

This can provide significant time and cost savings and, at the same time, ensure a high level of trust. Morpheus Network is designed as the world's largest logistics, customs and banking firm and a full service that supports a fully automatic supply chain platform.

Problems and solutions

This is a concrete example of the use of the Morpheus Network in life. The company in Germany produces audio equipment (speakers, subwoofers, headset and headphones), purchasing parts from China, and selling its goods to neighboring countries - France, Belgium, Switzerland and Austria.

Previously, the company practiced traditional ways of organizing supply chains, but suffered from delays, endless trouble with documentation, slow and expensive bank transfers and unprofitable exchange rates. But now the management has decided to move to the side of decentralization and automation - to use the Morpheus Network.

Due to this, in the interface of the platform, the company has created smart contracts that manage the supply chain in an automatic mode. Thus, the details for audio equipment are procured in time in China, and the finished goods are regularly delivered to neighboring countries. All documentation is digitized and transmitted through the unit.

Transactions, in turn, take place many times faster and with much smaller fees, and payments occur directly with automatic conversion to local currency, at the most current exchange rate. As a result, the company got rid of a bunch of problems and was able to focus on its products.

Benefits

Let's take a look at the main advantages of the Morpheus Network platform, which distinguish it from those that existed in the international trade before, including bank transfers.

Firstly, this solution is based on block hardware, so such properties as decentralization, transparency, impossibility of change, storage of data in the block chain, security, high speed and low price of payments make the platform radically different from those that became traditional.

In addition, none of the existing platforms will provide the opportunity to digitize the documentation, which significantly reduces delays in time and simplifies the process of organization and supply chain management. Thanks to the specialists who have joined the Morpheus Network project team, it has many opportunities related to trade, transport and customs documentation.

In comparison with traditional bank transfers, Morpheus also clearly wins. The commission is several times lower (only 1.5%), transactions are several times faster, and transfers can be made to any existing fiat currency or one of the 74 crypts, thanks to direct transfers to more than 1,600 banks around the world that are provided with SWIFT integration.

Smart contracts, which were not previously used in supply chains, will allow to fully automate the entire process of supply chain organization. Users will be able to make documentation, transaction conditions and even deposit funds into a smart contract, after which he will independently effect both delivery and payments.

The possibility of depositing funds, in this respect, also remains virtually unique. Such a decentralized escrow procedure allows the Morpheus Network to differ from all others, and the parties to the international supply chain can remain confident in the reliability and security of transactions.

How does it work

In order to send a batch of fruit to another country, you may need more than 200 papers and documents from a dozen sellers.
On paper that confirms that your product is completely safe, is hygienically clean and does not carry a variety of parasites, there must be seals and signatures of numerous agencies, after all this your documents will be required to be transported separately to the country to which you are going to send your goods , as customs officers only require the originals of all your documents to completely exclude the chance of cheating.

If you allow at least one small mistake, it can cost you a lot of your time, because of this your cargo may become worthless and lose its marketable appearance, and payments - be delayed.
Exactly according to the same scheme, various participants in the process use a bill of lading. Most often it is forwarded by courier mail the next day after the seller is informed that his cargo has arrived at the right place.

The platform modernizes and improves the logistics required for the majority of labor-intensive transportation around the world for various companies of organizations, as well as individuals. All this became possible thanks to a team consisting of 100% of experts and professionals in customs, banking and accounting.
Each of the workers has deep knowledge and extensive experience in various fields.

ICO Details

Ticker: MORPH
Token type: ERC20 ICO
Token Price: 1 MORPH = 0.45 USD
Fundraising Goal: 36,000,000 USD
Sold on pre-sale: 1,800,000 USD
Total Tokens: 100,000,000

Conclusion

Morpheus Labs is an enterprise-level "block-as-a-platform as a service" solution (BPaaS) with application marketplace applications. Due to the evolutionary nature of the blockbuster, the platform will support several technologies, including Etherium, NEM, Hyperledger Fabric, Multichain with expandability.
The platform provides enterprises and entrepreneurs with the necessary infrastructure, a set of integrated tools and a set of preconfigured tasks for the rapid design, testing and deployment of the blockroom. Offers an environment to provide rapid prototyping, which helps organizations test their applications in the environment and experiment with technology for little time and money (as opposed to creating from scratch).

More information can be found here:
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2. Whitepaper
3. BitcoinTalk
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