Morpheus Labs, Waves join forces towards blockchain adoption

Morpheus Labs announced on 24 July that it is teaming up with Waves Platform due to their innovative approach and core competency technology.

Morpheus Labs commenced on a note of the evolution of blockchain technology informing many companies had shifted focus from concept to creation. The blockchain firm asserted that such a shift was vital to uncover projects that can prove essential to widespread adoption. Morpheus Labs further added that enterprises were already gearing up to embrace new technologies. However, there are challenges and roadblocks that impede digital transformation.

Chuang Pei-Han, CEO of Morpheus Labs shared – 

“In this partnership, Morpheus Labs and Waves Platform will explore ways to enhance the technology to create a fuss-free and better user experience; adding value to enterprises around the world while gearing up for mass adoption. Integrating Waves’ focus on dApp development with their wallet/payment features onto the Morpheus Labs platform not only creates value for our AppLibrary, but will also provide us with the opportunity to expand our presence within the European market.”

Morpheus Labs further blogged about the common goal it shared with Waves to simplify blockchain decentralized apps (dApps) development. The blockchain firm highlighted that the partnership involved working together to improve on all verticals. However, the salient priority would be to integrate Waves core expertise onto Morpheus Labs’ Blockchain Platform-as-a-Service (BPaaS). 

the salient priority would be to integrate Waves core expertise onto Morpheus Labs’ Blockchain Platform-as-a-Service (BPaaS)

Morpheus Labs captured the sentiment of the partnership noting it would be beneficial as it would expand the adoption of Waves’ and Morpheus Labs’ services globally. Morpheus Labs sustained by noting the commitment to enrich and build the community through various channels. The focus would also be on business development and community-centric initiatives. Morpheus Labs added the duo would also look forward to organizing online/offline events.

Recently, Morpheus Labs announced a partnership with V-ID, whose mission is to safely certify and secure digital assets. This is in a bid so that fraud and error would no longer hold back society’s innovations in digitalization. The validation process involves extracting the fingerprints of files and saving them in the blockchain.

Morpheus Labs captured the thoughts of Sasha Ivanov, CEO of Waves Platform who underlined that the integration of Waves onto BPaaS would streamline the progress to gain access to Waves’ technology into a convenient, user-friendly service. She opined that such services would allow students, developers, and businesses to enhance or simplify dApp development. Sasha stressed that such features prevent developing their own solutions from the ground up.