Project demonstrates blockchain for businesses is more than hype – Cointelegraph

Project demonstrates blockchain for businesses is more than hype – Cointelegraph

At its simplest form, blockchain technology offers individuals a basis for sharing information and transactions between other people, businesses and software. However, the technology is just as exciting and known as a buzzword as it is functional, with many possible applications to solve real-world problems in innovative ways. For example, the technology has already been known to disrupt industries including (but not limited to) healthcare, real estate, supply chain and insurance. 

Although disruptive, programming the technology to solve these problems is complex, as blockchain is not sufficiently adopted by programmers worldwide. As a result, disruptive innovation opportunities often never reach their commercialization phase since the cycle is so long and expensive or deemed too ineffective based on the resources needed to incubate the idea, giving it time to grow and reach the market. 

To help address these concerns, Morpheus Labs set out to create an online platform that allowed programmers to easily learn and develop blockchain-based applications. The team has since become a leader in Blockchain-Platform-As-A-Service (BPaaS) for developers and enterprises alike. With this back end, blockchain startups gain access to a partner-driven model for end-to-end development that allows teams to manage their own applications without extensive costs and time.

As a result, the company was accelerated through Blockchain Foundry, Singaporean tech hub, and featured in the Singapore Blockchain Landscape Map and Tribe Accelerator, alongside names like Oracle, Microsoft and IBM. Morpheus Labs continues to place their belief in real utility blockchain with
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