How Blockchain Technology Will Change Logistics Forever – Crypto News Flash
The word “blockchain” has become quite common since its introduction in 2008. After being
initially embraced by the tech community, it has now caught the attention of businesses across
industries including finance, healthcare, manufacturing and even logistics. In essence, this
distributed ledger system allows secure transactions without third parties or intermediaries.
In this article, I will analyze the impact of Morpheus.Network could have on the logistics sector.
What is Morpheus?Network?
Morpheus. The network is a supply chain SAAS middleware platform seamlessly integrating
legacy and emerging technologies (e.g., blockchains). They provide companies with shipment
and precise item data to optimize and automate safe and secure supply chains which save
time and money.
What is their SAAS platform?
Software-As-A-Service (SAAS) means that software can be accessed without installing or
maintaining it. All features are accessible via the internet which helps to avoid complicated
software or hardware problems.
In context, companies can track data like the product’s location, and driver’s license and can also
detect product defects at an early stage. This can avoid consumer and quality problems, not to
forget time management improvements.
How could Logistics be improved?
The World Economic Forum has declared removing supply chain inefficiencies as the number
one problem to solve to stimulate global growth,
increasing global gross domestic products by over $2 Trillion USD. GDP is the total market
value of all the finished goods and services produced within a country’s borders in a specific
These inefficiencies cover mislabelled packages; inefficient use of packaging materials; bar
code errors; missing delivery details; incorrect product selection; disregarded government
regulations and high bank fees.
Besides more product information Morpheus software fills out the necessary government
regulations automatically and avoids bank fees as the transactions are Peer-to-Peer via
blockchain meaning there are no third parties like banks involved. Mislabelled packages,
inefficient packing, bar code errors, missing delivery details, and disregarded details can be
solved immediately as all information is always accessible and can lead to more comfort for
both the consumer and delivering party.
Should I invest in Morpheus?
– Blockchain technology is still very early it could be risky
+ High class team (Former CEO of DHL, the founder of the “Blockchain Technology Club in
Ontario, a former consultant for IBM, Massachusetts Institute of Technology, National Bank
+ Limited supply of 47,897,218 tokens with 99% being in circulation
+ Political advantage over biggest logistic competitor Vet because of Anti-China policy to
deny collecting data
+ SAAS is easy to use and requires no computer knowledge
+ Possible to completely automate shipping from end to end
+ Saving costs by tracking entity from distance A to B, complying with all regulations and
avoiding bank fees
+ Optimized timing and quality will lead to more comfort for everybody
The world we are living in today aims more and more to become optimized in all parts. With
that in mind, I don’t think it’s farfetched to expect the same thing for logistics. Saving costs,
tracking, and being able to provide more comfort for clients is something companies strive for.
I know that blockchain technology is still at an early stage, but this is exactly the time where
good investments are possible. Morpheus.Network could have a big impact on logistic
optimization since there are not many competitors and their future steps seem well thought out. I
believe that blockchains could replace existing technology in some sectors and therefore I will
keep my eye on Morpheus.
How to buy Morpheus:
1. Click this link to see the MNW/USDT price chart on Bitmart.
2. Log-in or create a new account on the top right.
3. On the bottom right of the page select: Spot -> Market ->Amount. You can buy coins for
the best market price.
Check out more articles: Luis1k.com
Please note that this is not financial advice in any form and investments should only be done after
research was made. Also be aware that I didn’t invest in Morpheus so far, but I am planning do so.
This article only shows my opinion and should only be viewed as a presentation not an inductment
for investing. Investing is at your own risk!
Read More: How Blockchain Technology Will Change Logistics Forever – Crypto News Flash
Disclaimer:The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. NewsOfBitcoin.com does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.