Disrupting The Trade Industry Through The MORPHEUS Network

It is time we revamp the trade industry especially international trade with regards to supply chains. It is such a pain importing or exporting goods. There are so many hurdles one has to pass in order to successfully complete a trade deal. The structure makes it tedious for any newcomer to participate in international trade. Only frequent traders understand how the trading industry works and how to maneuver the various hurdles on the trading path. But, even they have to wait for weeks to have their goods shipped or delivered to them. This is an inconvenience to a lot of traders as it causes loss of money through delays. It also leads to high prices of import products as, apart from the tax, a lot of add-ons have to be factored in while calculating the retail price of these products.

Now, Morpheus Network comes as the mechanism to revamp trade as we know it. It is developing a user-friendly interface that will serve as an access to its platform. It hosts brilliant ideas that will be made possible through the use of blockchain technology. The Morpheus Network, when successful, will undoubtedly be the go to platform for all trading needs. The time spent filling a lot of paperwork will be history as Morpheus will integrate all requirements into one network. Basing its platform on Ethereum, users will be able to come up with smart contracts that define the terms of any transaction they would want to carry out. All the necessary documents would be made available through smart contracts and because of blockchain’s data storage and access system, each party will be able to key in their ends of the smart contracts with both parties seeing the developments on their end. On top of this, the Morpheus Network will also use Know Your Customer forms to ensure the identity of all trading parties thus ensuring security in all trading activities within the platform.

With regards to making trade more efficient, the Morpheus Network will use artificial intelligence(AI) in their network to gather information on all trading activities and come up with the best way to optimize them through the data they will have collected. Through this information delays will be identified and corrected, traffic will be monitored to find the best route for shipments and weather patterns will be studied to advice companies on the best method of transport to use for trade.

The Morpheus Network will have access to over 1600 banks which will make transfer of funds between countries far much simpler. It will employ the use of its token system based on Morph, its value token. This will allow their users to transfer funds with much less frictional costs incurred. Morph will also be a requirement in the Morpheus Network in order for trading activities to be carried out. The Morph will also be a vital tool for Morpheus Network to raise the necessary funds required to develop its program to a structure disruptive trade platform. The Morpheus Network is on its second phase of its ICO which is the public ICO. So far, over 6 million in US dollars have been raised through the pre ICO that ended on 17th March 2018. The public sale will run till 22nd April 2018. You can purchase the Morph tokens via this link https://morpheus.network/token/.

Reference links:
· https://morpheus.network/whitepaper/
· https://morpheus.network/