Morpheus.Network, the full-service automated supply chain platform headquartered in Taiwan, has joined the Blockchain in Transport Alliance
“The Morpheus.Network is super excited about optimizing the global supply chain. We are leveraging blockchain technology and smart contracts to automate global trade,” says CEO and founder Danny Weinberger. “Automated smart contracts include settlements through our multi-layered payment system, work contract generation, shipping document generation, as well as our open API system - allowing the layering of other technologies to further optimize the global supply chain.”
The Morpheus.Network, the full-service, global, automated supply chain system with integrated cryptocurrency payments, joins BiTA in building the ultimate importing and exporting platform on the blockchain. The platform will solve the modern-day inefficiencies of global trade: from bank fees and conversion rates that have amounted to $2 trillion lost in the past year; to slow and unsecure documentation and contract arrangements that limit growth for businesses and the industry alike.
The Blockchain in Transport Alliance (BiTA) is a consortium of the foremost leaders in the freight industry forging a path towards industry standards in blockchain use. BiTA brings together leading companies in the freight technology industries that share vested interest in the development of blockchain technology. By viewing blockchain as a uniting technology rather than a disruptive force in global trade, BiTA looks to harmonize the freight industry with a common framework that inspires unity, education, and action amongst alliance members.
By joining BiTA, the Morpheus.Network has positioned itself even closer to succeeding with its mission to fix the numerous inefficiencies in the supply chain industry. The alliance includes dozens of leading freight and logistics companies, such as FedEx, UPS, Salesforce, JD Logistics, Penske, and more.
Weinberger says, “Our goal is to become part of an automated and optimized global trade ecosystem. To fully optimize a $15 trillion industry, interoperability between companies and technologies is essential. BiTA and its members share a similar mindset, and we look forward to working closely with the alliance.”
The Morpheus Network was designed in consultation with some of the world’s largest shipping, customs & banking firms to create a full-service, global, automated, supply chain platform with an integrated cryptocurrency payment system utilizing blockchain technology. It can be found on the following social media channels:
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