How blockchain technology will change logistics forever
The word “blockchain” has become quite common since its introduction in 2008. Having been
initially embraced by the technology community, it has now caught the attention of businesses across the board
industries including finance, healthcare, manufacturing and even logistics. Essentially this
distributed ledger system allows secure transactions without third parties or intermediaries.
In this article I will analyze the impact that Morpheus.Network can have on the logistics sector.
What is Morpheus?Network?
Morpheus. The network is a supply chain SAAS middleware platform that seamlessly integrates
legacy and new technologies (e.g. blockchains). They provide business shipping
and precise item data to optimize and automate safe and secure supply chains that save
time and money.
What is your SAAS platform?
Software-As-A-Service (SAAS) means that software can be accessed without installing or
maintain it. All functions are available via the internet which helps to avoid complicated
software or hardware problems.
In context, companies can track data such as 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 can logistics be improved?
The World Economic Forum has declared the elimination of inefficiencies in the supply chain as the number
one problem to solve to stimulate global growth,
increasing global gross domestic product by over US$2 trillion. GDP is the total market
the value of all finished goods and services produced within a country’s borders in a particular
period.
These inefficiencies cover mislabeled packets; inefficient use of packaging materials; bar
coding errors; missing delivery details; incorrect product selection; ignored the government
regulations and high bank fees.
In addition to more product information, Morpheus software fills in the required government
regulations automatically and avoids bank fees as the transactions are Peer-to-Peer via
blockchain means there are no third parties such as banks involved. Mislabeled packages,
inefficient packaging, barcode errors, missing delivery details and ignored details can be
solved immediately as all information is always available and can lead to more comfort for
both consumer and supplier.
Should I invest in Morpheus?
– Blockchain technology is still very early, it can be risky
+ High-class team (former CEO of DHL, founder of “Blockchain Technology Club i
Ontario, a former consultant for IBM, Massachusetts Institute of Technology, National Bank
Financial)
+ Limited supply of 47,897,218 tokens with 99% in circulation
+ Political advantage over largest logistical competitor Vet due to Anti-China policy to
refuse to collect data
+ SAAS is easy to use and requires no computer skills
+ Possible to completely automate end-to-end shipping
+ Save costs by tracking device from distance A to B, comply with all regulations and
avoid bank charges
+ Optimized timing and quality will lead to more comfort for everyone
Conclusion
The world we live in today aims more and more towards being optimized in all parts. With
in mind, I don’t think it’s far-fetched to expect the same for logistics. Save costs,
tracking, and being able to provide more comfort for customers is something companies strive for.
I know blockchain technology is still at an early stage, but this is exactly the time where
good investments are possible. Morpheus.Network can have a big impact on logistics
optimization as there are not many competitors and their future steps seem well thought out. I
believe that blockchains can replace existing technology in some sectors and therefore I will
keep an eye on Morpheus.
How to buy Morpheus:
1. Click this link to view the MNW/USDT exchange rate chart on Bitmart.
2. Log in or create a new account at the top right.
3. At 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
Important
Please note that this is not financial advice in any form and investments should only be made after
research was done. Also note that I haven’t invested in Morpheus so far, but I plan to.
This article only shows my opinion and should only be seen as a presentation, not an introduction
to invest. Investment is at your own risk!
