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

As reported by CryptoNewsZ, Morpheus aims to partner with additional firms in accelerating and enhancing the enterprise blockchain services it provides. It notes that this makes Waves an ideal partner given Waves’ innovative approach, as well as its core blockchain expertise and vision to simplify decentralized applications (dApps).

Advancing Global Adoption of Enterprise Blockchain

Chuang Pei-Han, Morpheus Labs CEO, said the new partnership would help both parties explore ways to build on existing technology in order to develop a simple, hassle-free and improved experience for dApp users. It would also serve to further advance global adoption of enterprise blockchain, he added. 

Moreover, Chuang posited that integrating Waves’ focus on dApp development with their wallets and payment features on the Morpheus Labs platform would create value for Waves’ AppLibrary, as well as provide opportunities to expand Waves’ presence in the European market.

Working Towards Developing Decentralized Internet

Launched in 2016, Waves Platform is regarded as one of the major organizations working towards the development of decentralized internet by developing dApps for Web3. The integration of Waves onto BPaaS is expected to streamline the progress towards gaining access to Waves’ technology into a convenient and user friendly service, according to CEO Sasha Ivanov. 

“This will in turn allow students, developers and businesses to enhance and simplify dApp development without having to develop their own solutions from the ground up,” he said.

Source: https://www.cryptonewsz.com

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