Morpheus Labs welcomes another Blockchain — NULS into the Ecosystem
Back in August 2018, we announced that Morpheus Labs joined forces with Infocomm Media Development Agency (IMDA Singapore), NULS, Veritag, SAKAE Fintech, Y3 Technologies Pte Ltd and Reefic Protocol to be part of the International Food Blockchain Alliance. The participation of Morpheus Labs will bring in our expertise as an enterprise-level platform and play an important role in facilitating the overall blockchain governance, implementation and deployment.
Months forward, Morpheus Labs has worked aggressively to onboard various blockchain partners, in order to develop a comprehensive platform for enterprises to experiment with blockchain-powered applications. We 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 an existing work relationship, we have been in constant discussions to fully integrate NULS’ capabilities into the platform. By onboarding NULS, enterprises and developers can experiment with various combinations of chains using the cross-chain consensus and multi-chain mechanism provided by NULS. This allows different industries to conduct their businesses with ease of integration, and cohesion among the cooperative chains.
The capability and technology that enables this ease of use for enterprises are made possible by the uniqueness of the modular structure provisioned by NULS.
Mr Dorel D Burcea, Chief Information Officer of Morpheus Labs commented that “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.”
Miss Liesa Huang, Chief Executive Officer of NULS said that “By working with Morpheus Labs, we can expand our reach to more enterprises with NULS’s technology that focuses on reducing the technical barriers for them to build real-world business application cases. The platform will also convince more enterprises and developers in adopting blockchain technology into their business needs which is crucial in the sustaining the success of the blockchain industry.”
The exploration of this partnership brought the parties together to explore other business verticals such as Marketing, Business Development, Community Management and brings them a step closer toward the goal to build a comprehensive and cohesive blockchain ecosystem.
NULS was founded in 2017 as a highly customizable modular blockchain platform that aims to break down the technical barriers of blockchain adoption, to reduce the cost of development, and to promote the usage of blockchain technology in the commercial world. NULS differs from other projects by separating core blockchain features into a multi-module network that includes various independent systems of functionality which all work together. Modules can be hand-selected by each enterprise for the functionality needed, including account, ledger, storage, consensus, and smart contract capabilities. Since every module performs independently, no module is dependent on another to carry out its function. This unique, flexible design makes building on blockchain incredibly easy and cost-effective for businesses.
NULS has also created a set of standards to industrialize the blockchain technology. 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 different blockchains. Upholding the “chain” as the core in the NULS development philosophy, NULS is striving for building its core product: “Chain Factory” to build a grand ecosystem of blockchains.
ABOUT MORPHEUS LABS:
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 enables organisations rapidly design, deploy and operate distributed ledgers at the fraction of the current cost and time.
Written by: Willynn Ng | Vetted by: Management of Morpheus Labs
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