Market Rank | #1434 |
---|---|
Market Cap | $ 14.5M |
Volume 24h | $ 40.6K |
Circ. Supply | 37.5M |
Total Supply | 47.9M |
Max Supply | 47.9M |
Currently, the price of Morpheus Network (MNW) stands at $ 0.38587500. Over the past 24 hours, the price has decreased by -2.93%.
Morpheus Network (MNW) is a full-featured, automated, supply chain platform designed to revolutionize the global trading industry. The platform leverages blockchain technology, using Smart Contracts to drive the supply chain. This involves setting up predetermined, automated work contracts, shipping & customs documents, and even facilitating international payments via over 1600 banks worldwide. This is made possible through integration with the SWIFT Payments Hub.
Morpheus Network is a product of a holistic, collaborative effort. While the founder's details aren't specifically provided, the platform is developed by a team of experts in technology, supply chains, and global trade. The team engages key strategic partners — from logistics and customs brokers to import/export corporations — to ensure the platform is continuously refined to meet real-world needs.
Operating on the MRPH token, Morpheus Network automates complex supply chains using Smart Contracts. These contracts lay out the terms of every transaction, handling everything from work contracts to shipping and customs documents. Beyond blockchain, Morpheus Network layers other technologies like RFID scans and data transfers, if needed, to make complex supply chain operations seamless.
The MRPH token is crucial for the "fueling" of the Morpheus Network platform, as it is used for transaction fees within the platform.
Aside from leveraging blockchain technology, the beauty of Morpheus Network lies in its versatility. The platform is capable of incorporating other technologies – blockchain or otherwise – to drive supply chain automation, depending on the requirement of each Smart Contract.
By tapping into the SWIFT Payments Hub, it offers industry wide interoperability with over 1600 banks and financial institutions worldwide. Plus, its automated work contracts, shipping & customs documents, and automated payments make it quite unique in the supply chain industry.
As of now, there are 37.5M MNW tokens in circulation.
While the specifics of Morpheus Network's security measures aren't given, the use of Smart Contracts and blockchain technology inherently ensures data transparency, authenticity, and security. This, coupled with the standards laid down by SWIFT Payments Hub, gives a strong security foundation to protect against fraud and other forms of manipulations.
You can purchase Morpheus Network (MNW) from the following exchanges: Gate.io, KuCoin, Bittrex.
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