Morpheus.network
The world economy relies on an efficient global economy chain; however, there are a lot of parts and pieces that don't
communicate well. It includes shipping companies, customs agencies, sellers, and buyers. A tricky problem is securely
storing and distributing the documentation required to move international shipments across borders which results in
extra costs for companies to generate banking payments, verify, and present the documentation required for export and
import. And that's not it. Ever since the world has faced the global Covid pandemic, the practices of counterfeit business are also
increased. The big major industry like footwear, pharmaceuticals, clothing, and fashion is heavily suffered. Now, it's time to
look beyond our traditional business practices to become cost-effective and stop counterfeiters. And one of them is
Morpheus.Network. It is a Canada-based platform that streamlines the flow of money and services in the supply chain
through automation, eliminating fraud. It is easy to integrate blockchain-based counterfeiting solutions with legacy
systems. This makes blockchain a cost-effective way to combat counterfeiting. Human Verification, Automated
Verification with AI, Digital Verification, and Handling Point Verification is one of some examples of the system. It is a cost-effective
blockchain system that improves end-to-end tracking in real-time and helps businesses fight counterfeiting to a large
extent. Companies like Walmart, Ford, and FedEx use similar blockchain techniques to trace their goods. RIFD Tags,
QR Codes and NFC Chips are the most commonly used smart tags in business.
With Morpheus.Network enterprises can seamlessly collaborate with partners across the global supply chain to enable
the growth of global supply chains. Morpheus.Network simplifies the complex supply chain and tackles counterfeiting.