Morpheus.Network (MNW)

What is Morpheus Network?

Morpheus Network is an upcoming management platform offering that aims to greatly improve the way goods move between countries. There are many complexities involved in importing and exporting. A lot of paperwork needs to be done for goods moving from one country to another. This often leads to a lot of delays affecting the company and the entire economy around the world. Take, for example, what's happened to the car manufacturer BMW recently. They had to stop the production lines of a number of products as suppliers were unable to deliver critical parts to their factories worldwide. This delay will probably affect them in some way. These are the kinds of issues that need to be done away with in the times we live in.

How does it work?

Morpheus Network is using blockchain to solve these problems. Morpheus Network will be based on the Ethereum blockchain network. Ethereum provides for the development of custom smart contracts. Smart contracts can be the biggest innovations especially when it comes to controlling transactions. Morpheus Network will use to go to work with administrative issues related to paperwork. Their smart contract will contain all the necessary requirements for any import or export to be completed. The hassle of sending physical paperwork back and forth between countries will be eliminated through the smart contract system. Blockchain will allow for both business parties to fill out their contracts from their own ends with every detail visible to both parties. This will ensure transparency in the network. For the supply chain network to work as envisioned by the Morpheus network, they will combine the blockchain with other related blockchains such as the Walton Blockchain which will help them in the entire supply chain process.

Morpheus Network will be backed by their token known as Morph. users will be able to access the Morpheus Network via Morph. Through Morph, payments will be made simple worldwide. More than 1600 banks can be achieved through this token system. Morph can easily be obtained by converting fiat or cryptocurrency through the Morpheus platform. This will make it easier for trade involving different currencies

Modern solutions to manage supply chains

Automation - Smart Contracts drive the supply chain with, automated work contracts, shipping & customs documents, as well as fast international payments to over 1600 banks globally.

Multi-Flow Payments - 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.

Integrations - The 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).

Layering Technology - 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.

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