Deployed as a cloud service, the BPaaS is the culmination of months of technical integration work, discussions and onboarding trials with strategic partners like NEM, Neurochain Tech, NULS, Quarkchain, and VeChain. Provisioned blockchain nodes will provide an extensive blockchain network infrastructure for any businesses wanting to experiment with blockchain technology. This gives businesses a strategic advantage in exploring new business models. The platform is also scalable in terms of nodes, giving businesses the flexibility of meeting the demands of their applications. With this platform, the days of enterprises splurging on expensive built-from-scratch blockchain projects look to be a thing of the past.

“We continue to capitalise on our industry knowledge and expertise together with strategic partners in creating a comprehensive platform to make blockchain-powered applications more accessible, predictable and easier within the ecosystem,” said Mr Chuang Pei-Han, co-founder of Morpheus Labs. “Blockchain is steadily moving towards becoming a multi-billion dollar market by 2019. Many enterprises are beginning to see the inherent value of distributed ledgers and smart contracts implemented within the organisations thus there will be an abundance of opportunities to scale the business”, he added.

Mr Qi Zhou, CEO and Founder of Quarkchain, said that the launch of the platform by Morpheus Labs greatly simplifies blockchain dApp development and promotes wider applications of blockchain.