Singapore based blockchain service provider Morpheus Labs has announced its partnership with Waves Platform. It aims to combine Wave’s core expertise in blockchain tech with its own Blockchain Products as a Service (BPaaS).

In its official blog on Medium, Morpheus Labs stated that it aims to partner with more companies to accelerate and enhance the range of services it provides in the field of enterprise blockchain technology. This, it adds, makes Waves Platform an obvious choice for the collaboration, as Waves adopts an innovative approach, and that along with their core blockchain technology expertise and vision to simplify dapps make its a perfect partner.

Commenting on the partnership, Morpheus Labs CEO, Chuang Pei-Han said that the new collaboration would help both parties to explore ways to develop and improve existing technology and create a simple, hassle-free, and better user experience for dapp users. This would also boost the global adoption of enterprise blockchain, he added. He also said,

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.

Waves Platform was launched in 2016 and are one of the major organizations working towards the development of decentralized internet, by creating dapps for Web3. Its CEO, Sasha Ivanov said,

The integration of Waves onto BPaaS will streamline the progress to gain access to Waves’ technology into a convenient, user-friendly service, allowing students, developers, and businesses to enhance and simplify dApp development without having to develop their own solutions from the ground up.

Morpheus Labs is the world’s leading BPaaS provider and is gearing up to become a leader in enterprise blockchain services. Blockchain adoption is on the rise globally, with major traditional companies like IBM, Microsoft, TCS, etc. already ramping up their blockchain operations.