Creating New Contracts

New contracts can be started in the Contract Hub, which acts as a central location for managing new and existing contracts. The platform offers easy-to-use samples and templates in order to speed up the contract creation process, along with various contract modules for added efficiency using task automation.

QR Scan Triggers

In the preview above, a QR code scanner is the initial trigger point for beginning an automated contract, bridging the gap between blockchain and the physical world. QR codes, when scanned, can be used to signify the end of the manufacturing process, completion of a certificate, a successful delivery, and more.

Codes can be accessed and communicated in a variety of ways, including email, image file, or code link. Once the scan has been confirmed, the platform instantly verifies completion of the task in question and initiates the next objective, which be set as a payment, shipping arrangement, notification, and more.

Automating Payment

To provide the best possible system for automated payments, Morpheus.Network includes integration with SWIFT. A member-owned cooperative, SWIFT operates a global financial communications network that allows a direct transfer of funds into over 1600 banks. Integration between SWIFT and Morpheus.Network is provided by by award-winning AccessPay. The module can be configured to allow source and destination currency in either fiat or cryptocurrency, depending on the circumstances and requirements.

The platform also offers payment templates to streamline the process of setting up payment details. It allows for instant currency conversion and transaction fee data, giving you updated information in a single click. Once the scan is verified, request for payment is made via SWIFT using AccessPay. You also have the option of sending an automated email to notify the other party when payment is received and the contract is complete.

Viewing Contract Details

Each of your contracts and their progress are displayed on your dashboard, where you can view contracts that are currently active, as well as any that are completed. More details on each transaction can be viewed either on the platform itself, or using Etherscan.io.

Morpheus.Network is on the cutting-edge of automated contracts, and our team will continue forward with utilizing this technology to improve global supply chain efficiency. QR codes and contract settlements are an easily accessible way to bring blockchain into the world of international commerce, improving the security and speed of all transactions.

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