June 29, 2022 - 3 min read
SupraOracles has announced a partnership with Morpheus.Network, a supply chain SaaS middleware platform. Morpheus.Network aims to tackle the inefficiencies found by the World Economic Forum in the $15 trillion USD logistics industry by bringing together the brightest minds in global trade, information security, blockchain, and artificial intelligence.
The platform can be connected to numerous separate systems and trigger actions depending on predetermined circumstances, allowing users to automate and optimize their manual, error-prone operations. The platform’s fundamental functionality is to construct a modularized, adaptable digital twin of supply chain processes and workflows. It unifies seemingly separate systems and layers for payments, warehousing, shipping, documentation, and manufacturing into a single source, allowing for complete transparency and process automation from beginning to end.
Their middleware approach enables them to layer in a variety of technologies as part of the workflow, including SAP, Microsoft Dynamics ERP systems, UPS Package Tracking, SWIFT international wire payments to over 1,600 banks globally, and even rapid and low-cost cryptocurrency payments. As a supply chain automation platform, they gather data from various sources and stakeholders as needed. Morpheus.Network can use SupraOracles technology to get reliable data for any sort of supply chain, including ocean clearances, cold chains employing IoT devices, cross-border clearances, etc.
Danny Weinberger, CEO, and Co-founder of Morpheus.Network, commented:
“The data on the supply chain automation platform comes from a variety of sources. We’re looking forward to working with SupraOracles and utilizing their oracle services and data streams.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“The objective of Morpheus.Network is to enable all stakeholders in a supply chain network to automate their operations end-to-end and bring all data into one solution while their platform handles the heavy lifting in the background. We are excited to work with such an innovative startup that is using blockchain to tackle real-world problems.”
SupraOracles bridges the gap between traditional financial markets and the web3 world. Their goal is to empower the developer community by offering a robust cross-chain oracle. SupraOracles connects real-world data to public and private chains, empowering interoperable smart contracts that secure financial markets’ future. It also provides developers with a toolkit for developing, deploying, and managing data applications with greater performance, agility, and robustness.
Morpheus.Network is dedicated to assisting businesses and government organizations in overcoming obstacles in order to optimize and automate their worldwide supply chain operations. Their team and global network of partners have a wealth of experience developing cutting-edge solutions based on their ground-breaking supply chain platform.
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