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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Kaspi.kz Statement on Misleading short-seller research

2024-09-19T16:08:05Z

ALMATY, Kazakhstan, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The company is issuing the following statement following the research report published by Culper Research today:

In our view, the report is misleading, inaccurate and misrepresents our business.

Being the first company from Kazakhstan to successfully list on Nasdaq has obviously raised our profile amongst short sellers.

For those investors who have known us over the years, our reputation speaks for itself.

About Kaspi.kz

Kaspi.kz’s mission is to improve people’s lives by developing innovative mobile products and services. To deliver upon this we operate a unique two-sided Super App model – the Kaspi.kz Super App for consumers and the Kaspi Pay Super App for merchants.

Through these Super Apps consumers and merchants can access our leading Payments, Marketplace, and Fintech Platforms. All our services are designed to be highly relevant to users’ everyday needs and enable consumers and merchants to connect and transact, using our proprietary payments network.

The combination of a large, highly engaged consumer and merchant base, best-in-class, highly relevant digital products and a capex lite approach, results in strong top-line growth, a profitable business model and enables us to continue innovating, delighting our users and fulfilling our mission.

Harvard Business School has written two case studies on Kaspi.kz which it continues to teach to its MBA students.

Kaspi.kz has been listed on Nasdaq since January 2024.

For further information david.ferguson@kaspi.kz +44 7427 751 275

Forward-looking statements

Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of Kaspi.kz. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could," "may" or "might", the negative of such terms or other similar expressions. Kaspi.kz wish to caution you that these statements are only predictions and that actual events or results may differ materially. Kaspi.kz does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Kaspi.kz, including, among others, general economic conditions, the competitive environment, risks associated with operating in Kazakhstan, rapid technological and market change in the industries the Company operates in, as well as many other risks specifically related to Kaspi.kz and its respective operations.


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