Finance

Morpheus.Network’s Masternode Program to Support the Digitization of Supply Chain Documents and IoT Data

Toronto, Canada, September 19th, 2024, FinanceWire

 

Pushing the boundary of blockchain usage in Enterprise Business

Morpheus.Network, the leading supply chain middleware, has announced that it has over 5000 nodes staked since it launched its innovative Trust.Supply Network. The program has already seen over 11.2 million MNW tokens bridged to Polygon Network.

“The uptake of token staking by the Morpheus.Network community points to a real understanding of blockchain tech in the supply chain. This is just one example and is mirrored by others such as the California’s Department of Motor Vehicles (DMV) digitization of 42 million car titles using blockchain to modernize the state’s title transfer process,” says Dan Weinberger, Co-founder and CEO of Morpheus.Network.

By leveraging blockchain technology Morpheus.Network is able to provide a seamless and automated supply chain middleware solution that addresses some of the most pressing challenges faced by businesses today from DePIN hardware logistics to food provenance.

In a note to their community the enterprise driven blockchain company announced that its masternode network, available at Trust.Supply is nearing full stake capacity.

Morpheus.Network’s vision to fix the world’s leading supply chain complications has attracted the attention of governments and private enterprises hoping to add an extra layer of efficiency to their operations.

The Power of Masternodes

Masternodes play a crucial role in maintaining the integrity and performance of the network. They provide critical services such as transaction validation, network security, and governance, ensuring that the platform remains reliable and efficient. The high level of participation is a clear indication of the trust the community has in Morpheus.Network’s technology and its future prospects.

Roadmap

In the months to come, Morpheus.Network has a robust roadmap with many announcements, including a planned roll out of their customizable SME solution that will provide blockchain and automation to a whole new layer of the supply chain market.

By joining trust.supply, users can view all of the details in the Morpheus Network customized dashboard. Users can learn more about Morpheus Network in their weekly spaces where the team regularly meets with the community.

About Morpheus.Network

Morpheus.Network is intensely focused on helping companies and government organizations eliminate inefficiencies and remove barriers to optimize and automate enterprise supply chain operations. Their multi-award winning supply chain middleware platform leverages transformational digital technologies such as ML/AI, IoT and Blockchain and has over 150 integrations with leading companies, including SAP, DHL, Fedex, Cargowise, Dimitra, Telefonica, Marsh, Swift and more. Morpheus.Network helps clients to potentially maximize revenue through digitization and process automation, protecting sensitive data, and untangling complex issues with the legacy supply chain system while delivering effective, equitable, and efficient global trade solutions.

Website | X

 

Contact

James Toland
Morpheus Network
hello@morpheus.network

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Bybit Web3 Makes WSOT Debut: DEX Wave Featuring Over 100 DeFi Partners in Web3’s First Idol Competition

2024-09-17T15:09:09Z

DUBAI, United Arab Emirates, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Bybit Web3, the Web3 arm of Bybit, is thrilled to announce its participation in the World Series of Trading (WSOT) 2024, the world’s longest-running crypto trading competition. From Oct. 1 to Oct. 30, 2024, the WSOT 2024 DEX Wave will challenge participants to trade on-chain as part of their push to win big in the WSOT competition. It also marks the world’s first DEX talent competition by democratizing the space, inviting participants to choose the next Web3 star project from an astounding lineup of over 100 groundbreaking initiatives all on one arena.

For event details, users can visit here: Calling All Web3 Projects: Shine in WSOT DEX Wave!

Ride the DEX Wave with 100+ DeFi Partners Across Top Chains and Tracks

The WSOT 2024 seamlessly integrates Bybit Web3’s DEX Pro platform, enabling participants to tap into a vast array of DeFi projects and tokens. From memecoins and DeFi to GameFi and beyond, this in-depth trading journey is powered by over 100 innovative partners and pioneering decentralized initiatives like Yescoin, Bonk, Citizen, Navi Protocol, Blackcardcoin, and Character X. With the largest number of ecosystem partners in the sector, the DEX Wave chapter of this year’s WSOT gives the Web3-curious a snapshot of what Bybit Web3 has to offer.

The frictionless experience of trading on centralized (CEX) and decentralized (DEX) portals on Bybit brings together the depth of centralized platforms with the autonomy and diversity of decentralized exchanges, offering WSOT participants the chance to trade in the most exciting markets in the world. It’s more than just a competition — it’s an invitation to experience the entire blockchain ecosystem.

Crown Next Web3 Star and Share a 1,000,000 MNT Prize Pool: the First Web3 Idol Competition

Capturing the best of emerging Web3 projects, the inaugural WSOT DEX Wave puts the emphasis back on the community by introducing a voting mechanism. As traders compete in the DEX Waves competition, they earn points, which they can use to vote for their favorite Web3 projects. Participants will share a 1 million MNT prize pool through interacting with the projects and taking a chance at a lucky draw. The traders with the highest point scores can enter a daily draw to win a share of a 200,000 MNT prize pool.

The Web3 projects that win the most votes will receive extra support from Bybit, including CEO mentorship, prime listing opportunities and marketing support. Together, the WSOT community and Bybit are shaping the future of Web3 to bring out the potential of rising stars in Web3 and building the trading infrastructure necessary for the decentralized financial system.

“The DEX Wave is an invitation to be part of the future,” said Emily Bao, Head of Web3 at Bybit. “In the rapidly evolving landscape of Web3, this event is our way of empowering traders to discover, engage, and excel in the decentralized economy. The stakes are high, but the rewards are even higher. We’re excited to see who will rise to the challenge.”

For more information, users can visit WSOT 2024 DEX Wave and prepare to embark on an unforgettable journey.

#Bybit / #TheCryptoArk / #WSOT2024

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, users can visit Bybit Press.

For media inquiries, users can contact: media@bybit.com 

For more information, users can visit: https://www.bybit.com

For updates, users can follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Contact
Head of PR
Tony Au
Bybit
tony.au@bybit.com


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