Shipments and cross border transactions are major factor that ensures supplications of our needs as consumers. According to statistics, in some nations it is very possible a person purchases and utilizes 90% of shipped in products. This asserts the beautiful possibilities inherent in this phase of the global economy. The cumbersome processes yet therein is a major drawback in ensuring full blossom of the sector. The traditional global chain system under x-ray lacks vital qualities such as being error-free, efficient logistics, transaction speed, scalability and above all its time consuming nature.
Automation is actually the basic solution to most of these inefficiencies. Speaking of automation, the blockchain technology tag teamed with smart contracts is a proven and trusted haven to encounter maximum experience with the high level of transparency, immutability, attack resistance capping it with swiftness of transaction all recorded i]]n its decentralized ledger. The platform bringing automation to the supply chain is MORPHEUS NETWORK (Website: https://morpheus.network/ )
Morpheus network conceived by a team of veterans with expertise in the diverse areas that concerns international trading has been put forward to eliminate the complexities attached. To achieve the aim, Morpheus network has picked core points that would be revolutionized which are mainly:
Record keeping: With the blockchain’s distributed and decentralized blockchain, updating, tracking and monitoring of data and information would be overly exquisite and crystal clear, further eliminating the need of bulky documentation and verification of the cross border dealings.
Money transfer: Cross border transfers which traditionally could take almost days to be processed has now been properly dealt with using the Morpheus network platform has been fortified to be able to execute these large money transfer at incredible speeds(An average 2 minutes transaction time) to various banks around the world.
Transaction methods: Without a doubt, the dealings of the traditional global chain market is an eyesore. Documents have to pass through considerably large numbers of persons for validations of shipments and paymnents which accounts for the obvious cumbersomeness of the system as I earlier stated. With a well oriented platform like Morpheus Network using smart contracts, transactions would be self executing. Morpheus network added gloss to it by activating an escrow payment method to generally improve trust and transparency between import and export participants on the ecosystem.
Features of the Morpheus network platform.
An easy to use inerface incorporated with a smart contract component that projects transactions, documentations and also allows tracking the supply chain. Artificial intelligence would be used to improve supplies and shipments through integrating data to predict faster and preferable routes to be taken.
Tokensale
The Morpheus Network is an ethereum based network and will issue an ERC-20 based token known as MORPH
Details of the tokensale
Token
MORPH
PreICO Price
1 MORPH = 0.50
Platform
Ethereum
Accepting
ETH
Minimum investment
0.1 ETH
Soft cap
1800000 USD
Hard cap
36000000 USD
Country
Seychelles
Whitelist/KYC
KYC
Restricted areas
USA, China, North Korea, Syria, Iran, Sudan, Bangladesh, Bolivia, Kyrgyzstan, Canada
For more information on Morpheus Network, visit the following links:
Website: https://morpheus.network/
Whitepaper: https://morpheus.network/whitepaper/
ANN: https://bitcointalk.org/index.php?topic=2723338.0
Blog: https://medium.com/@themorpheus
Twitter: https://twitter.com/morphcrypto
Introduction video:
Phillip_Olamide
My bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1087606;
