My Opinion about the collaboration of Morpheus Labs and NULS

juragans (0)(1)in #blockchain • 5 years ago

What is Morpheus Labs and NULS

Morpheus Labs(MITX)

Morpheus Labs is a Singapore-based blockchain startup founded in the Year 2017 aims to build a comprehensive Blockchain Platform-as-a-Service (BPaaS) and App Marketplace that permits organisations quickly style, deploy and operate distributed ledgers at the fraction of the present with price and time.

NULS

Founded in 2017,NULS is a blockchain infrastructure for customizable services, driven by our global open-source community.Following the principles of pluggability, modularization and parallel expansion, NULS provides smart contracts, multi-chain mechanism and cross-chain consensus to reduce cost of development and usage, and to promote the application of blockchain in the commercial field and the interaction among chains.Upholding the "chain" as the core in the NULS development philosophy, NULS is striving for building its core product: "Chain Factory". In the meantime, NULS will realize the value circulation among chains through cross-chain module and build the ecosystem of blockchains

The story behind the collaboration of Morpheus Labs and NULS

Morpheus Labs has worked sharply to aboard numerous blockchain partners, so as to develop a comprehensive platform for enterprises to experiment with blockchain-powered applications. MITX added NEM, Neurochain Tech and VeChain, and now Morpheus Labs is proud to announce the introduction of NULS into the Morpheus Labs ecosystem and community!

With associate existing work relationship, MITX are in constant discussions to totally integrate NULS capabilities into the platform. By onboarding NULS, enterprises and developers will experiment with varied combos of chains exploitation the cross-chain accord and multi-chain mechanism provided by NULS. this permits totally different industries to conduct their businesses with simple integration, and cohesion among the cooperative chains.

My opinion

The news is very good, considering that NULS is a project that has a good fundamental side with a solid team, a very active community and a very working project.one of the prominent features is NULS's Multi-Chain, what is Multi-chain?NULS supports sub-link registration access. The main chain and sub-chain verify blocks and transactions through cross-chain consensus; NULS tokens and other tokens of the sub-chains can circulate between the NULS main chain and the sub-chain. The sub chain reports the block header to the main chain, and in return, the main chain audits the block of sub chain.

I agree with the comments of Mr. Dorel D Burcea, Chief Information Officer of Morpheus Labs. He said

“NULS has made a breakthrough in constructing their unique blockchain modular technology that has addressed the issues faced by businesses. The ability to remove the bottleneck of unable to combine the different combination of various technology is a step nearer to adaption with ease and implementation at ease.”

With this collaboration, I'm sure NULS and MITX will easily expand the network of users in the world of blockchain technology that focuses on Technical barriers for those who want to build Real Business World applications. This partnership will also have an impact on the success of more entrepreneurs and developers in adopting Blockchain technology. into Business users that are very important to maintain the success of the Blockchain

For more Information

CrunchBase: https://www.crunchbase.com/organization/morpheus-labs

Linkedin: https://www.linkedin.com/company/morpheuslabs-io

Twitter: https://twitter.com/morpheuslabs_io

Telegram: https://t.me/morpheuslabs

Instagram: www.instagram.com/morpheuslabs.io

Facebook: www.facebook.com/morpheuslabs.io

Youtube: https://www.youtube.com/channel/UCBDcCbFiFDZOcfkGkAo-iLQ

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#cryptocurrency #mitx #morpheus #labs