The present global economy is completely dependent on the use of fast, efficient, global trading through imports and exports. On the contrary, the maintenance and the execution of operations of a global scale supply chain business is dotted with multiple shortcomings. This is coming from various departments for completely unique reasons every time. Import and export process might sound simple to layman but it is highly complex in nature and involves documents like shipping bill, bill of ladding, country origin certificate and what not. Due to these heavy documentation and the complex process there is a need of something which can make the process simple and error free.
**Introduction**
The Morpheus Network was consolidated with the knowledge of industry experts to solve international supply chain deficiencies, which would lead to the formation of a full-service, global, automated, supply chain ecosystem for the international trading marketplace. It will be utilizing blockchain technology. The blockchain technology is considered to be the technology which would take supply chain management towards a very prosperous future with its contributions in automation and optimization.
With the introduction of the Morpheus network, all the complexities in the supply chain management systems will be greatly reduced. If a document has to be distributed or shared among different individuals in the network, Morpheus will allow it to be uploaded on the blockchain. This document will be however protected from any chances of being altered or tampered or even plagiarised. This little advantage itself can lead to great savings on time and cost. Simultaneously builds significant trust among the various participants in the supply chain.
**Key features of the Product**
1. **Instant money transfers to over 200 countries-**
With the introduction of the Morpheus Network, now suppliers, manufacturers and exporters are at ease. This platform enables these parties to receive payments from around the world in the form of their local countries. This advantage will be spanning over a total of more than 200 countries across the globe. Likewise, importers who are purchasing items can also make purchases in other countries with their local currency utilising the power of the blockchain. This competency was developed by the partnership with SWIFT which enables the transferring of funds globally across 1600 nationalised and international as well as private banks. Hence, this platform allows any company, individual to execute and complete the various complex global purchases and delivery of goods. It also enables this irrespective of the scale or size of the order that too at an incredibly efficient and smooth manner.
1. **Full feature and Automated Supply Chains**
Another benefit of the Morpheus Network which enhances the importer and exporter trust and goodwill is the incorporation of the Escrow Payment services into the platform. Formulated on the previously developed Smart Contract platform, the money that would be transferred would be available to the suppliers. However, this would be possible only after the exporter has fulfilled all the Smart Contract objectives. This enables a heightened sense of trust between the parties because all the objectives contained in the Smart Contract has been completed before the automated release of the funds to the seller.
Morpheus Network is also known for its multi-layer blockchain architecture which plays a huge role in the smooth facilitation of operations. This attribute also provides the consumers with a variety of payment options. Some of the objectives include, a data transfer to be made using any cryptocurrency account.
1. **Morpheus network hybrid security & team**
The Morpheus Network ecosystem is protected by the Permissioned Blockchain technology which is a fusion between the model of public blockchains and private blockchains. The Morpheus Network Permissioned Blockchain is known for maintaining the privacy of its users and clients very securely. It does this by not consolidating controlling power into the hands of a single organisation or individual. This permissioned blockchain model will restrict the access of people to the platform which would reduce clutter and improve the efficacy of the system and will govern the whole network in a decentralized manner.
**Token and ICO details**
The MORPH Token is what will be functioning as the standard currency on the platform. This is an ERC20 Ethereum based token which provides added security.
The Token Presale will be commencing on 23rd of February 2018.
**Conclusion**
The supply chain system is going to be revolutionized once the Morpheus Network starts functioning. The industrial advantages meted out by this innovation would be great and make shipment and delivery of goods so much more efficient and easier for all the parties involved in the process. With such a lucrative and expansive market being affected by this introduction, it is guaranteed to yield results. A step forward for the development of this platform would be a generous step towards the future.
**Website:** [https://morpheus.network/](https://morpheus.network/)
**Authored By:** Etheran
**Btalk profile:** [**https://bitcointalk.org/index.php?action=profile;u=1108165**](https://bitcointalk.org/index.php?action=profile;u=1108165)
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