MRPH is the driving force behind the Morpheus.Network automation platform. It allows the use of Ethereum-based smart contracts as scheduled automatic working contracts, shipping and customs documents, and automatic international payments. Tokens can be used as value-based utility (as cash) or used to pay transaction fees. Essentially, the MRPH token provides the power to the necessary components to optimize global trade.

Project Advantages

Blockchain Technology
Morpheus.Network uses blockchain technology to create a transparent, efficient platform to simplify and automate global supply chains. We leverage public and licensed blockchains and sidechains to leverage the decentralized advantages of blockchain while maintaining the security and privacy of user data.
Smart Contract
Automation can be achieved with smart contracts and powered the supply chain through scheduled automated work contracts, transportation and customs documents, and automated international payments. As part or target of smart contracts, stratification of other blockchain technologies is another key function in further enabling supply chain automation.
Focus on safety
Documents are protected by encryption and stored in off-chain containers. Once the data is written to the blockchain, no one (even the system administrator) can make changes without the consent of the rest of the network. This creates a security audit record for all documents and transactions to ensure compliance with local regulations.

Application Fields

The first category is financial applications, which provide users with a stronger way to use their funds to manage and enter into contracts. This includes subcurrencies, financial derivatives, hedging contracts, savings wallets, wills, and even eventually, comprehensive employment contracts in certain categories.
The second category is semi-financial applications, which involve money, but the work carried out also has a large number of non-monetary aspects. A perfect example is the self-execution bounty used to solve computational problems.
Finally, some applications (such as online voting and decentralized governance) simply do not have financial capabilities.