Morpheus Network ($MORPH) to disrupt the Global Logisitics Industry

Morpheus Network is global supply chain blockchain with a payment service integrated with Swift to make global payments easier and save businesses money.

Morpheus-Network-integrations
Morpheus Network integrations

After receiving my first fervent recommendation for Morpheus Network I did what any good crypto hunter would do and began my research directly on their website.

just buy it
fervent recommendation

As you enter, you’re greeted with a well-written elevator pitch for Morpheus Network:

“Hello World. 2 Trillion USD was lost in the past year to bank fees, conversion rates, and delays in global trading. Introducing Morpheus Network, a full-service, global, automated, supply chain platform with an integrated cryptocurrency payment system utilizing blockchain technology. The blockchain economy is here.”

This alone is enough to get my attention because a global supply chain network will be one of the most important use cases for blockchain technology. In fact, some of the largest global businesses are beginning to adopt blockchain to improve the efficiency of their supply chains (Walmart, Maersk, British Airways, UPS, and Fedex to name a few).

 

Morpheus Network Logo

What are Morpheus Network’s Goals?

Morpheus Network is working with some of the biggest customs, shipping, and banking companies to create a global supply chain platform that uses cryptocurrency payments on blockchain technology.

Key Features:
  • Automatic digitization and generation of shipping contracts and documents
  • Documented shipping and customs details that comply with international regulations
  • Integration of any other blockchain technologies to be incorporated in smart contracts
  • Layered security levels and high-tech encryption with flexible permission settings
Differentiation:

While other crypto based payment processing systems target the electronic retail business, Morpheus Network’s main target is on the import and export field and global payments.

Morpheus rating system will give prospective network users assurance that they are dealing with a reliable company.

How Morpheus Works

Shipping documentation (bill of lading, commercial invoices, packing lists, insurance documents, etc.) is digitized and shared securely and conveniently between the exporter, importer and freight forwarders or customs brokers who have access in the permission settings.

The layering of Storj, a blockchain data storage technology, is where all original documentation will be stored and accessed through an 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.

How will Morpheus Network dirsrupt the Logistics Industry?

With Morpheus Network, courier services will no longer be needed to send documents around the world.

These legacy businesses are a major cause of delays due to late or lost documentation. This is a key reason why the Morpheus Network is such a major disruptive technology for the import and export industry.

The Morpheus Network User Experience

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.

The MORPH Token

The Morpheus Token (MORPH) is a value-based utility that powers the Morpheus Network. Is is also an Ethereum based ERC20 token. For global payments Morpheus has integrated Microsoft Dynamics 365 ERP system with SWIFT.

MORPH tokens give users access to the Morpheus network.

The value of the Morpheus Token is based on the value of the currency required to execute a full payment. SWIFT will be used to directly send payments to over 1600 banks through the Smart Contract.

What Would Neo Do?

So you’ve followed the white rabbit to this point. You take the blue pill, this coin review ends, you click out and believe whatever you want to believe. You take the red pill, follow the Morpheus Network into blockchain wonderland and see how deep this industry-disrupting rabbit hole goes.

Morpheus Red Pill

MORPHEUS NETWORK TOKEN PRESALE BEGINS MARCH 2nd, 2018

Token Info

This is not financial advice. Always DYOR. Do Your Own Research. https://morpheus.network/whitepaper/

BLUZELLE ($BLZ) to disrupt data storage industry leaders Dropbox & Google?

As we know, blockchain tech has many use cases and the potential to replace a long list of existing technologies. One of these is data storage and that’s exactly what Bluzelle is focused on.

bluzelle banner

BLUZELLE’S GOAL

Bluzelle wants to combine the best of the sharing economy with the token economy. Anyone can rent out excess computer storage space while dApp (decentralized application) developers can use this space to store and manage their applications’ data.  Centralized cloud-based databases won’t cut it for dApps because of major scaling issues. If Bluzelle succeeds, its technology has the potential to disrupt data storage leaders like Dropbox & Google.

 

BLUZELLE description

BLUZELLE’S PLAN FOR SUCCESS

Bluzell has already proved competence by building blockchain technology for Temenos, HSBC, Microsoft, and BT. Now there is a growing need for data storage solutions and Bluzelle plans to be there to fill that need with their own blockchain technology.

Key Features of Bluzelle’s Tech:

  1. Data is stored in groups of nodes, a.k.a. swarms. This removes concerns about a central point of failure, a very real threat in the world of cloud computing. The reality is that a “cloud” is just someone else’s computer or server.
  2. Bluzelle uses an algorithm that provides infinite scaling. By storing the dApp data using a unique network model, it can provide scalable database servers regardless for any level of demand. The only limit to scaling is how much excess storage space people choose to share with Bluzelle.
  3. These two features are coupled with a dynamic performance solution. Bluzelle dynamically adjusts the number and location of nodes sharing data to reduce request times. This improves the overall performance of the ecosystem.

USER ADOPTION IS CRITICAL FOR SUCCESS

So now that we know that Bluzelle’s tech can scale with no boundaries let’s return to address the most important driver of Bluzelle’s future success: user adoption.

We certainly wouldn’t want to end up like these guys:

user-adoption-we-forgot-about-it

Considering the ecosystem will depend entirely on the amount of data storage users commit to the platform, we want to find any metric we can get our hands on to gauge how likely users will be to adopt the technology. Here’s what I’ve found.

  1. A strong Telegram group with 25K+ members and countingJust to emphasize for those who may not be familiar with telegram in the cryptospace… 25K members is an elite level for a cryptocurrency project. The average for an ICO project might be around ~5K members.
  2. An active Twitter account with also 25K+ followers and counting and updates directly from CEO Pavel Bains
  3. Strong partnerships emerging with other strong blockchain projects
    • 0x – a decentralized exchange protocol (San Francisco)
    • Zilliqa – a blockchain protocol focused on delivering high throughput (Singapore)
    • Bee Token – this home sharing platform team comes from Uber, Google amongst others (San Francisco)

 

THE BLZ TOKEN

Bluzelle has its own native cryptocurrency, BLZ. BLZ can be exchanged for database services or earned by users who share computing resources.

Bluzelle’s ICO sold 33% of the total 500,000,000 BLZ tokens for $0.12 USD. Currently BLZ is valued at $0.64, a solid 5X increase from the ICO price. This puts the market cap at over $100M USD, and its current rank is #145.

BLUZELLE coinmarketcap

BLZ was listed on Binance and coinmarketcap on Feb 6th. Binance is currently where most of the trading volume is. Once the initial price pump tabled out, early investors have taken profits and now BLZ is trading at about a 30% discount in the BLZ/BTC pair from all-time-highs.

My opinion is that this is a case of a project where the price will follow the hype cycle and key roadmap dates. Until the next milestone, who knows which direction the price will move in.

WHAT’S NEXT ON THE ROADMAP FOR BLUZELLE?

A minimum viable product is expected to be revealed in April of this year. Building out the infrastructure required to serve as a distributed database for dApps will not be easy.

More improvements will be made through 2019. Some of the upcoming features include:

  • smart contracts
  • mobile apps
  • proof of stake requirements
  • Sybil attack tolerance
Bluzelle road map
Bluzelle’s 2018 road map

Bluzelle has an exciting couple years ahead of it, and although there is a lot of work to be done still, they have a lot going for them. It’s definitely worth taking a look at. If you decide to get involved, it should be an interesting ride. Always remember to DYOR. Whitepaper (PDF)

Hold on for dear life

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