What is Morpheus Network? With the current issues with the supply chain and commerce industry largely driven by the heavy rise in demand for online shopping and general e-commerce thats been caused due to the pandemic. From a shortage of supplies to the total disorganization caused by the rise in volume, to now the added pressure due to sanctions as a response for Russia’s actions. Their needs to be improvements all around in the industry, specifically within logistics and authentication. In fact the World Economic Forum has stated that by reducing supply chain inefficiencies we could potentially see a rise in global GPD of about 5%.
Morpheus Network is here to be that change through automating and simplifying our current procedure through changing our operations within logistics, authenticity along with transparency of information, and automation of these small micro processes all throughout its production cycle up until it arrives in the customers hands. As a blockchain designed with the niche to focus on one specific industry, Morpheus Network has been built by previous experts in the industry that understand the issues such as a lack of verification and authenticity of records that could easily be solved by an immutable ledger, or the abundance of unnessacary paper documents or contracts that can all be instantly verified and signed digitally through the deployment of smart contracts.
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With a plethora of first hand experience paired with a knowledgeable team, Morpheus Network is a blockchain built to be optimized to disrupt the supply chain industry as a middleware technology thats seen utilization and integrations of their solutions from some of the largest and most renounced corporations within supply chain management, payment infrastructures and other general technology software based companies.
Problems in Supply Chain The supply chain is one of the core essential pieces for our global economy to properly function. From the small microeconomic activities that often get overlooked such as the process shipments of basic items towards everyday consumers, or for businesses to continue operating by restocking inventory, to the larger scale macroeconomic factors like allowing global trade of imports and exports around the world. Its essential that we continue to look for solutions to improve the industry as demand for global trade and e-commerce continues to skyrocket.
The inefficiencies is a problem thats largely caused by the lack of speed and automation this industry still operates in caused by the amounts of different siloed IT systems. Such as the dependance on paper documents and other manual events that require physical labour to verify its legitimacy.
For example, a simple bulk shipment of bananas could generate dozens of physical procedures and hundreds of physical documents each susceptible to human errors such as misplacement, misfiling or incorrect payment information.
With the aggregate labor force around the world still continuing to recover after the pandemic, the massive increase seen for the demand of shipments and global trade has caused the supply chain industry to feel beyond overwhelmed as demand for production continues to rise, yet the labour force in the respective sector has essentially been just gradually recovering the massive losses it took from the start of the pandemic.
Some issues within supply chain While many of the other existing issues are revolved heavily revolved around rises in price and the scarcity of materials which has been largely caused as a consequence of the amount of money printing and thus inflation thats been happening around the world over the past two years. Which blockchain technology unfortunately can’t solve, there are multiple issues addressed within supply chain that blockchains and distributed ledgers can be the key solution for to create a more efficient and cost effective global economy for consumers and corporations alike.
Supply Chains meet Blockchains The integration of blockchain technology into supply chains seem to be like a match made in heaven for the Fourth Industrial Revolution . From the trillions of transfers in aggregate, to the customs documentation and various payment railways. The integration of a blockchain to create digital immutable logs for every single procedure an item or company has gone through and easily able to reconcile the entire history will open up new doors while heavily boosting their efficiency in multiple areas of the sector.
Utility of Morpheus Much like a majority of other projects building their solutions through blockchain technology, Morpheus Network is built over top of Ethereum and a member of the Ethereum Enterprise Alliance. A consortium thats working to build blockchain standards on the industrial level and bring the adoption of enterprise grade Ethereum to light.
Morpheus Network aims to solve the issues within supply chain by bringing a platform that brings all the siloed separate systems data into one place to simplify the exchange of information from end to end. While also allowing the integration of other systems and technologies such as blockchain, artificial intelligence, IoT sensors, machine learning, etc into their existing infrastructure to optimally fit the needs of the various industries and corporations around the world.
As supply chains range so vastly across sectors within the economy, some of the more sensitive industries such as food trusts and other natural resources can result in an error being the difference between life or death, or the difference between happy customers and hundreds of lawsuits waiting at their door.
Middleware Solution Morpheus Network acts as a middleware solution in which their platform can easily be integrated between other pre existing systems. Creating a digital twin of supply chain processes in an automated and streamlined process to verify manual data inputs. Allowing all the siloed systems in each supply chain to be easily interoperable and integrated into a single middleware system, saving invaluable hours and capital that would otherwise require execution through physical human labour to manually input and update data with other siloed systems together.
From limiting the costs and time of fees and payments to the connectivity of multiple systems into one middleware solution, Morpheus offers a wide range of preset modules predominately utilized in the world of global trading today to allow the merge and integration a simple and easy to learn process for firms, while also giving clients the option to start out from scratch and build their own modules with the support of Morpheus Networks development team.
Variety of integrations for Morpheus Middleware As an agnostic middleware solution, it allows clients the freedom and creativity to integrate Morpheus Network into any existing IT infrastructure and data source. From supply chains and trades to finance and international payments, the easy to integrate solution built by Morpheus believes that their middleware solution could be the missing ingredient to having an extremely efficient supply chain thats on autopilot. Where the chain is completely automated.
When one process gets verified as completed, the next step automatically triggers, whether it be a proof of payment, a simple handover of items, or additional documentations. These process can now be instantly verified through smart contracts and a digital twin of the entire procedure to give everyone in the industry a faster and fully transparent view at how things are progressing.
Morpheus Accolades & Connections The demand for the solutions Morpheus Network has built through an easily integratabtle technology has seen demand and adoption from some of the largest firms in the industry to cut costs and create a more efficient business workflow. From shipment companies, to food trusts and pharmaceuticals, to even applications within traditional finance.
Here are a couple examples
Marsh Marsh is one of the worlds leading and largest professional services firm offering services such as insurance and risk management founded over 150 years ago. With offices in 130 different countries and over 45 thousand expert advisors worldwide. Their professional services in risk management and insurances can range from transportation and logistics to communications, healthcare, automotive, life sciences, real estate, even gaming and so much more.
Morpheus Network has formed a partnership with Marsh to create for an easily accessible one click insurance function on the Morpheus platform. This can infinitely the steps and risks from both parties for shipments abroad with such a simple integration of insurance across the various industries that they spread their businesses around.
BiTA The “BiTA” is an organization thats built to be a standard setting body while bringing knowledge and advocacy to how blockchain technology can help with the transportation industry. From standards regarding logistics, tracking and transports, to hosting exclusive events of symposiums revolving around updates and news with the progression of blockchain uses in general freight and supply chains.
With some of the largest transportation related companies in this alliance to form solutions to create further efficiencies in the industry. Morpheus Network is joined int he Blockchain in Transportation Alliance with some household names such as shipping giants like UPS, DHL and Fedex, in addition to some other companies looking to bring innovative technical solutions to simplify the supply chain process such as CargoX, GLT Logistics, and SimbaChain.
Gulftainer In a search for technological advancements to the shipment industry through ports by Gulftainer and One Valley, they worked together to find emerging projects and companies providing solutions. Which became the start of the “Future of Ports 2021” event. This quickly drew heavy attention and interest around the world as there were over 2,000 applications spread between 200 countries for an opportunity to collaborate with one of the most renounced port operators in the world, operating across multiple continents.
Morpheus Network was one of the four tech startups that were selected to collaborate with Gulftainer along with eYard, ThroughPut, and ZaiNair. With each of these companies winning an award within their respective specialities, Morpheus won the blockchain category with its broad operations to create a trustless and automated chain of procedures.
International Supply Chain Education Alliance The ISCEA is the first organization that works to certify supply chain professionals around the world by providing knowledge and manufacturers and service industry professionals. Since their inception in 2003, ISCEA has expanded their operations out to six continents with certified professionals in 72 different countries. With some of their client base consisting of huge corporations and organizations like UPS, Samsung, Ford, US Department of Defense, L O’Real and many others.
ISCEA distributes the Ptak Prize in multiple different methods, excellence, professionalism, competition, as an award to companies that are bringing valuable solutions to the industry. In October of 2021, Morpheus Network was selected for the Ptak Prize for Supply Chain Excellence for their vision and business development along with their client Federated Co-operatives Limited, a top 50 company in Canada focused on wholesaling, manufacturing, marketing and administrative co-operatives.
Middleware Integrations Morpheus Network has countless integrations and built in modules into their middleware system for ease of access and use for companies around the world.
From some of the largest supply chain and shipment names around the globe like UPS, DHL, Purolator for the legacy module of supply chain IT infrastructures, to Swift the financial messaging layer used around the world, and even some crypto asset networks like Ripple, Stellar, Chainlink and more. All playing an integral part behind the vast and versatile solutions that a simple DLT middleware integration can bring to industries in our global economy.
Morpheus Network Core Team The core team of Morpheus Network has whats suited to build a something of this stature, with heavy experience in supply chain management in addition to a plethora of positions for legal, products, partnerships, IoT and many more.
Danny Weinberger Dannys Background Danny serves as the CEO and cofounder of Morpheus Network beginning back in 2017, Morpheus Network had recently also just joined INATBA (International Association for Trusted Blockchain Applications ) where public and private DLT developers and users meet a global forum of regulatrs and policy maters, with with Danny appointed as Co-Chairman of the Supply Chain Working Group as their joining some respected members in both legacy and the digital asset space such as Swift, R3, Ledger, L’Oreal, Iota, Fujitsu, Quant, Algorand and many more.
In addition to Morpheus Network winning the ISCEA Ptak Prize, Danny has also joined their Standards Board Technology Committee as a member to bring knowledge further to the future generations of the supply chain industry.
Danny has also also been a member of the United Nations with their CEFACT (Centre for Trade Facilitation and Electronic Business) agency which is a significant key point in the United Nations and Social Council for global trading and electronic trade finance standards (Potentially MLETR 👀).
UN/CEFACT The United Nations Centre for Trade Facilitation and Electronic Business is one of the main organizations in the world that facilitates and creates global standards and regulations in the industry. Along with members like the World Trade Organization, United Nations Commission on International Trade Law, World Customs Organization, International Organization for Standardization and many others to create a more trusted efficient and digital world of global trade and finance.
Noam Eppel
Noam Eppel serves as the Chief Operating Officer and cofounder of Morpheus Network. Noam has had previous experience working as an adjunct professor at George Brown College where he and Danny initially met.
Noam has worked largely within tech and software with nearly 5 years at CoLab as a software developer, where he developed a plethora of web products in addition to bringing technical knowledge and support to new members.
He had also had some previous experience in the world of entrepreneurship with founding his own startup Clean Forest Solutions as a multinational company built to provide firms for providing more green and sustainable business workflows.
Noam also serves as the managing director for the Crypto Defenders Alliance which serves as an organization made of exchanges, blockchain projects and cybersecurity organizations to prevent fraud and theft of digital assets through collaborations.
Roger Crook As the team lead of global logistics Roger Crook has spent over a decade as the CEO of DHL, one of the worlds largest logistics companies in the world, afterwards he went on to pursue a more entrepreneural career through participating in the advisory board of a variety of companies predominately within the supply chain industry such as, Change Finance a crypto asset bank based in Estonia, Eurora which is looking to solve logistics issues from the Brexit situation, Cybaseal a subsidiary of Logitech developed to ensure security and quality with shipments from end to end.
In addition to a wide range of other jobs with the majority using Rogers plethora of knowledge and experience in the industry for many year snow, Roger brings some essential connections in addition to a reputation sufficient hands on experience to really bring Morpheus Network to disrupt how supply chains are managed today.
From Rogers long list of experience and the reputations he’s built over the years in the industry, to Noam’s experience in software and the Crypto Defenders Alliance, all paired with Danny’s long list of profession in the digitalization with supply chains in consortiums such as INATBA, ISCEA and the United Nations, the core team at Morpheus Network certainly have seen first hand just how inefficient the current system is and how blockchain and distributed ledgers can solve many of these issues
Morpheus $MWN Token Morpheus Network Morpheus Utility The $MNW token is essentially the fuel that allows their middleware solution Morpheus Network to run, allowing smart contracts to be executed in addition to automated for things such as shipments, customs, payments and other documents and contracts.
As the network breaks down every little step into its own procedure down the chain for their automated workflow, and with each procedure being verified before the next step can begin. For these automated services to properly function it requires fees and payments towards the system for the actions of notarization of data and documents as well as micropayments towards the automated workflow procedures.
With the two main uses of the $MNW on their platform to be for either payments to automate procedures, or for the microservices of notarizing data and documents. From when the product is being manufactured, to when a customer places an order, all the way to when its delivered in their hands Morpheus Network’s $MNW token is the fuel for every step of the way.
Tokenomics The $MNW token has some very unique characteristics to its tokenomics that makes it for not only a great utility token for platform users, but also potentially as an investment.
There is a total supply of 47.9 million $MNW with a current circulating supply of 47.9 million, meaning there is no expected inflation and can never have any form of token inflation as unlike the overwhelming majority of digital assets every token on the Morpheus Network is either in a wallet or already out on the markets.
This makes it for a eye catching potential for investors as theres no need of worrying whether their underlying asset can outperform its inflation rate, or the worry of earlier vested investors unlocking their tokens and causing substantial amounts of sell pressure onto the open markets.
Morpheus Masternodes Similar to many blockchain applications out there, Morpheus Network wants to help decentralize their network through allowing members of their community to run nodes to further decentralize the validation, governance and security of their middleware.
This further boosts the incentives for users to hold $MNW tokens to utilize further into their ecosystem by supporting and boosting their security and decentralization through providing their computing power and resources while being rewarded in their platforms native token doing so.
With the entry for a node only requiring users to stake 1,800 $MNW it is one of the most affordable node options out there at the moment, while actually providing a real world use case unlike many node projects currently out in the markets. The Morpheus Network team has dedicated 1.2 million $MNW tokens to be distributed to these node validators with a fixed yield of 18% APR.
Final Thoughts While the supply chain world has seen issues around the world, distributed ledgers and blockchain technologies surely can provide some of those solutions within logistics, procurements, track and trace, verification, along with the general digitization of trading instruments and many more. Several companies and blockchain projects have already noticed this and begun building aside from Morpheus such as VeChain, OriginTrail and Xin Fin Network.
While all providing somewhat similar solutions to the same industry, what separates Morpheus is their unique approach through the integration of a middleware solution thats easily interoperable with legacy IT infrastructures that allows firms to automate and break every step of the way down to the science, providing firms with a much more simple system to migrate over to where they now easily manage and monitor all the previously siloed supply chains in real time.
The team they’ve built together is very fitting for what the vision is, as they’ve not only gathered up experience within this respective industry but have a long list of other members within their team dedicated to every little process much like their middleware system.
With some of the recognition, connections and collaborations they’ve built up in their respective industry, it shouldn’t be too farfetched to think Morpheus Networks middleware could be a key integral part across supply chains in our world as the development and adoption continues to pick up and we begin seeing the adoption of standards for electronic trading through digitized documents and automated procedures along the chain.
About Tokenicer With how fast this space is developing, I work to scope out projects and people in this space who are truly building out disruptive networks and technological solutions to further advance our world.
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