Morpheus Labs Explained Part 1
In a new series of articles we went want to give you more insights and background about Morpheus Labs.
In today’s post we take a look at the Morpheus Labs vision for a Blockchain Platform as a Service (BPaaS).
Blockchain is a cryptographically secure distributed ledger technology that allows businesses and government to streamline their business processes built on top of a new generation of applications and cross entity services. It provides trust, accountability and transparency by using a shared ledger among the distributed network of participants. We believe the power of the blockchain will fundamentally change the way we interact and conduct business. The way forward is to build an inclusive society in which anyone can access this technology in a cost-effective manner.
The blockchain platform will provide corporates, banks, financial institutions and government entities easy access to a platform that enables them to develop, test and manage blockchain applications using different blockchain protocols supported by the platform to achieve rapid prototyping, cost efficiency and a fail-safe environment. This way, organisations can stimulate and encourage innovation.
The platform will support distributed hosting for blockchain network nodes and off-chain applications while providing a centralised platform service for developing, managing and regulating blockchain networks. Ultimately, our platform will enable anyone to partake in this revolutionary technology.
In future articles of the Explained series we will discuss topics such as:
- Value Proposition
- Platform Architecture
- Market Size
- Business Model
- Token Use Cases
- and many more…
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