RENO, USA, JANUARY 29, 2020 —GoChain, a leader in enterprise and government blockchain solutions, today announced a collaboration with Morpheus.Network to bring enhanced, end-to-end blockchain and IoT-based supply chain solutions to clients. As part of this strategic collaboration, GoChain will pair Morpheus.Network’s cloud-based interface and IOT-compatible tracking system with GoChain’s enterprise-grade blockchain protocol and smart contract solutions.
This key milestone in its supply chain strategy enables GoChain to offer a full-service automated supply chain platform and integrated cryptocurrency payment system to leading institutions around the world with improvements in speed to market, resilience, and flexibility. Additionally, Morpheus’ clients will also benefit from GoChain’s suite of technology solutions including the company’s robust commodity-tracking and traceability solutions for compliance and responsible supply chain purposes.
This partnership is a direct result of the market’s demand for a world-class blockchain-based solution that provides unparalleled transparency, automation and security. The world economy relies on a fast and efficient global supply chain which is an industry valued over 15 trillion USD. However, global trade contains various challenges and inefficiencies, including a general lack of visibility, accountability, and traceability. The World Bank has defined supply chain inefficiencies as the number one problem to solve in order to stimulate economic growth.
Morpheus.Network has integrated with over 100 leading technologies and service providers, including DHL, FedEx, UPS, and SWIFT. Morpheus.Network uses its SaaS middleware platform to seamlessly integrate legacy and emerging technologies while providing supply chain managers with a Digital Footprint, providing shipment and item visibility for automating safe and secure supply chains saving time and money.
To date, Morpheus.Network has launched successful pilots with companies throughout Asia and America including Shanghai Reder Industrial Supply Co. Ltd. (China) Jiangsu APEC Lathe Manufacturing Co. Ltd (China), TLP (China), Ji’nan North Machinery (China), Century-Tech (USA), Xinlei (China), Hoosier Feeder (USA).
“Morpheus.Network recognizes that supply chain solutions are vital to the world economic growth and is persistently collaborating and fostering new solutions to achieve this. A new step in this direction, Morpheus.Network is extremely excited to collaborate with GoChain to optimize and expand business opportunities.”Dan Weinberger, CEO, Morpheus Network
GoChain is a blockchain technology company that helps enterprises and governments implement decentralized solutions to enhance efficiencies, reduce the cost of collaboration, and develop new business models. GoChain’s proprietary network is the fastest, most sustainable, web3 based public and private blockchain protocol on the market.
The network is secured by nodes operated only by known, “reputable” corporations and organizations such as Lenovo (HKSE: 992) (ADR: LNVGY) and DISH Network (NASDAQ: DISH). These nodes foster the growth of the network while providing security and decentralization through their geographic distribution.
“GoChain is committed to working with ‘best-of-breed’ companies globally. Accordingly, we are thrilled to partner with Morpheus.Network, which has developed an innovative and fully integrated supply chain platform, to jointly pursue business opportunities and provide clients with unparalleled technology-driven supply chain solutions.”Ian Alexander, Director of Business Development, GoChain
Morpheus.Network is the supply chain automation platform that seamlessly integrates legacy And emerging technologies. This “SAAS middleware” layer enhances and connects previously disconnected workflows and systems. Led by industry veterans, it has created a middleware layer that connects previously disconnected workflows and systems. Using the latest technology, of which blockchain is a key component, it uses event modular architecture to automate processes. For more information, visit morpheus.network or follow Morpheus.Network on LinkedIn, Twitter, Facebook, and Medium.
GoChain believes in driving the adoption of impactful technology for the betterment of society and our habitat. GoChain partners with companies in all industries to quickly launch and manage their own scalable, low-cost blockchain solutions, run distributed applications and to deploy smart contracts. At 1,300 transactions per second, GoChain’s network is the fastest, most sustainable, web3 based public and private blockchain protocol. GoChain’s Proof of Reputation (PoR) consensus algorithm relies on a decentralized consortium of Fortune 500 companies, NGOs, and nonprofits to validate transactions. GoChain also supports its designated public cryptocurrency, which has the ticker symbol GO. For more information, visit gochain.io or follow GoChain on LinkedIn, Twitter, and Facebook.