Solving Global Trade Problem Using The Blockchain Technology

in #cryptocurrecy8 years ago (edited)

It is observed that the world economy relies on a fast and efficient Global supply chain. However, Global Trade contains various challenges and inefficiencies. The World Bank has identified supply chain inefficiencies as number one problem to be tackled in order to stimulate economic growth. Morpheus Network Blockchain powered platform is a game changer that can tackle all these inefficiencies and enables truly integrated and automated supply chains. The Morpheus Network was designed in consultation with some of the world’s largest shipping, customs & banking firms to create a full-service, global, automated, supply chain platform with an integrated cryptocurrency payment system utilizing Blockchain technology, with the help of the Smart contract, driving the supply chain with predetermined, automated work contracts, shipping and custom documents as well as fast international payments to over 1600 banks. A user can easily view the flow of the funds and documentation within any transaction as well as utilize any of the Morpheus Network features such as escrow payment services and document digitization. The Morpheus Network Permission Blockchain maintains the privacy of user’s data, without consolidating power with a single organization. The Morpheus Network is the first platform designed to execute large money transfers. The Network has a direct connection to over 1600 banks worldwide by integrating the Ethereum Blockchain based technology with SWIFT allowing Smart Contract enabled, real world rate, currency conversion payments for globally transacting businesses. The Morpheus Network aims to make importing and exporting effortless from users’ very first transaction. The Morpheus platform simplifies and automates the logistics needed for any complex, international shipment for any company or individual using smart contracts. The Global Supply chain is incorporated into Blockchain because to be successful in global trade, every firm needs to run efficiently. Smart Contract technology allows steps within a company’s supply chain to be automated thus maximizing its efficiency. The Morpheus network allows globally transacting companies to take advantage of a smart contract structure in their supply chain. Also, the real rate currency conversions and automated international payments further allow Morpheus network automates almost all supply chain. With Morpheus Network, no more courier services required to send documents around the world. No more delays due to late or lost documentation. The Morpheus Network can be used by everyone. Any purchase can be made by a buyer, from a small transfer within the Morpheus Network, to a complicated Smart Contract setup involving an international money transfer involving currency conversions and exportation documents. The platform operates at a high speed. The key to the Morpheus Network’s speed is Blockchain technology. The network allows peer to peer transactions in a single step, as opposed to involving a centralized banking system, slowing down any transaction dramatically, as well as increasing total cost due to banking fees and non-optimal currency conversion rates. The platform has a token called MORPH. Morpheus Network Token is Ethereum based ERC20 tokens which is what powers the Morpheus Network. The tokens enable the users to access the Morpheus network. The value of the Morpheus Token is based on the real time value of the currency required to execute a full payment as a Smart Contract objective. The Morpheus Tokens can be attained converting from virtually any fiat currency, or over 74 different cryptocurrencies directly through the platform and our Shape shift integration. The Morpheus Network token presale will start on the 23rd of February, 2018 and it will end on the 4th of March, 2018. The main ICO date will be announced later. 1 Morph is equivalent to 0.45 USD. The currency that will be accepted is ETH. The tokens will initially be distributed, with bonus offers for early contributors, via a token sale. The structure of a token sale fits the Morpheus Network business model perfectly to offer the token, which powers the platform; to the actual users who will utilize and leverage the Networks’ Smart Contract automated benefits for their business. Some of the road maps of the platform will be the expansion of Morpheus Network in April, 2018 and the final negotiations with major crptocurrency exchanges to list Morph token in May, 2018. Hurry now and get your token.

FOR MORE INFORMATION
https://morpheus.network
https://t.me/themorpheusnetwork
https://www.facebook.com/themorpheusnetwork
https://morpheus.network/whitepaper
https://bitcointalk.org/index.php?topic=2723338.0

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