Morpheus.Network Partners With GoChain To Deliver A Comprehensive Supply Chain Solution
Morpheus.Network: Morpheus.Network is a Supply Chain SaaS middleware platform seamlessly integrating legacy and emerging technologies such as IoT, AI, and blockchain. We provide supply chain managers with much greater visibility into their global supply chain operations, helping to create safe and secure supply chains saving companies time and money. https://morpheus.network/
GoChain is a decentralized consortium for cryptocurrency exchange that uses blockchain technology to help other companies deploy their own low-cost yet scalable solutions, smart contracts, and run distributed applications. GoChain is the fastest and most sustainable web3-based blockchain protocol, both public and private; it offers one of the lowest fee models- 7500 times cheaper than Ethereum- along with the capability of 1300 transactions per second. The platform is also compatible with the existing Ethereum wallets, smart contracts, and related tools.
Current Global Supply Chain Challenges
Globalization has led to massive trade growth over the past few decades; however, the global supply chain industry (now valued over $15 Trillion USD) still faces many of the same challenges as before. According to the World Bank, stimulation of world economic growth depends on finding a solution to these supply chain inefficiencies.
The key challenges that almost every manufacturing and logistics company faces in terms of supply chain management include:
- Decreasing customer loyalty due to the increase in supply chain uncertainty and volatility, as customers now seek more accurate and real-time updates than ever.
- Ability to keep up with globalization and to manage the increased supply chain complexity effectively. Businesses, today, need a solution to expand their client network seamlessly, while also bundling their manufacturing facilities, distribution centers, and supply chain partners as economically and cost-effectively as possible.
- Ability to manage and mitigate risks end-to-end in the supply chain. There is a pressing need for customized tools that can empower stakeholders and inventory managers to add and track documentation and regulatory compliance in an effective manner.
- Disintegrated supply chain workflows and systems, resulting in reduced reliability transparency across the supply chain ecosystem. Only by integrating each node of the supply chain can companies empower themselves with improved functions, including enhanced accountability, traceability, and visibility.
Morpheus.Network and GoChain: Partnership at a Glance
GoChain has partnered with Morpheus.Network to meet its vision and the market’s demand for a world-class blockchain-based supply chain solution which provides unparalleled transparency, automation, and security. As a part of this collaboration, GoChain will pair Morpheus.Network’s cloud-based interface and IoT-based tracking framework with its enterprise-grade blockchain protocol and smart contract solutions.
“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 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 and Founder, Morpheus.Network
Morpheus.Network is currently associated with a number of international giants ranging from high value goods to cold chain pharma and disruptive blockchain platforms. Each partnership is intended to simplify the entire supply chain process, including POO (proof of origin), regulatory compliance, shipping documentation, transparency, and live geo-tracking.
Contact us today to verify the benefits of leveraging your contacts and/or seamlessly integrating your value-added services for automating global supply chains, with no up-front costs or large investments.
Visit us at https://morpheus.network