The World Bank has defined supply chain inefficiencies as the number one world problem to solve in order to stimulate economic growth. However, running a global supply chain business contains various inefficiencies which includes:
- Document storage and transfer to comply with local regulations.
- Transferring money resulting in lost revenue due to bank fees, conversion rates and delays to the tune of 2 trillion dollars last year.
- Dealing with untrustworthy business partners.
- Risky associated of transporting
For example, sending a bulk shipment of flowers overseas can generate as many as 200 paper documents from a dozen vendors, the document that certifies the flowers to be goods and hygienic and free of insects must be stamped and signed by numerous agencies, and then transported separately by air to the import destination because customs agents require original documents to help prevent fraud.One small error on any of the shipment documents can result in delays that could spoil the shipment or hold up payments also the bill of lading is sent by courier overnight after the seller receives word that the shipment has arrived.
There is need for a service that will make shipment for businesses as easy as possible, where the users won’t need to go through all the hustle but focus on their business. Could Morpheus Network Be The Solution? Well let’s find out
WHAT IS THE MORPHEUS.NETWORK?
Morpheus Network is a Full-service, global, automated, supply chain platform with an integrated cryptocurrency payment system utilizing blockchain and abiding by all customs laws and regulations globally. It simplifies and automates the logistics needed for any complex, international shipment for any company or individual
Watch Morpheus Network Introduction Video
The Morpheus Network aims to make importing and exporting effortless from your very first transaction.
How Does Morpheus Network Works
Using the power of blockchain technology, shipping documentation (bill of lading, commercial invoices, packing lists, insurance documents, etc.) will be digitized and shared securely and conveniently between the exporter, the receiving importer and any freight forwarders and customs brokers who have been given access in the permission settings. The layering of Storj, a blockchain data storage technology, is where any original documentation with specific notation or markings will be stored and accessed through a corresponding encrypted hash on the Morpheus.Network blockchain as a part of a Smart Contract. These digital documents will all link to the original work contract and payment. Once a document is added to the blockchain, it cannot be altered, which is the key component in digitizing original documents, revolutionizing the import/export industry.
No more courier services required to send documents around the world. No more delays due to late or lost documentation. This is a major disruptive technology in the import and export industry.
The Morpheus Network features a simplified and streamlined dashboard interface. Interacting with the network by revising or adding Smart Contract objectives in your supply chain is designed to be intuitive and easy to navigate. You 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.
It also features the permission settings which establish which documents or Smart Contract objectives are kept private, and which ones are visible and shareable with your shipping agents, customs brokers and freight forwarders.
What is Morpheus Network Token
Morpheus Network Token is Ethereum based ERC20 tokens which is what powers the Morpheus Network. These tokens enable the user to access the Morpheus network. A vital objective in a Smart Contract of any international supply chain are payments that cross borders. 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. Through it’s integration with SWIFT, they are able to directly send payments straight into bank accounts of more than 1600 banks internationally in the given currency needed (fiat or crypto) through the Smart Contract.
Morpheus Network have scheduled their ICO for the sale of their MORPH token you can participate.
Token Sale Information
PRESALE START DATE: MARCH 2ND, 2018 AT 12:00 PM EST
WHITELIST HEADSTART: 6 HOURS EARLIER (6:00 AM EST)
PRESALE DURATION: 10 DAYS
PRESALE TOKEN PRICE: USD $0.5 = 1.12 MORPH (12% BONUS)
MINIMUM PRESALE CONTRIBUTION: 0.1 ETH
SOFT CAP MIN DISTRIBUTION: 21.95 MILLION MORPH TOKENS ($1,800,000 USD)
HARD CAP MAX DISTRIBUTION: 100 MILLION MORPH TOKENS ($36,000,000 USD)
MAIN SALE DURATION: 30 DAYS
MAIN SALE DATE: TO BE ANNOUNCED
Learn More About Morpheus Network:
Visit Website: https://morpheus.network/
White Paper: https://morpheus.network/whitepaper/
ANN Thread: https://bitcointalk.org/index.php?topic=2818233.0
Follow On Twitter: https://twitter.com/morphcrypto
Like On Facebook: https://www.facebook.com/themorpheusnetwork/
Join Telegram: https://t.me/themorpheusnetwork/
Note: This is not a financial advice I am just sharing my personal opinion on ICO’s. Do your own research before getting into any ICO. Investing in ICO is risky and you could lose your money.