Wrapped Bitcoin Tokens (WBTC) is an ERC20 token fully backed by real BTC. The proof of reserves is on-chain, showing the exact 1:1 ratio between minted WBTC tokens and BTC stored by the custodians. A collaborative effort with a community of partners to bring Bitcoin to the Ethereum network will bring the stability and value of Bitcoin to Ethereum's expansive ecosystem of decentralized applications.
The Morpheus.Network is a full-service, global, automated, supply chain platform for the global trading industry utilizing blockchain technology. This is achieved with Smart Contracts driving the supply chain with predetermined, automated work contracts, shipping & customs documents as well as automated international payments to over 1600 banks globally through integration with the SWIFT Payments Hub. The layering of other blockchain or non-blockchain technologies to be included as necessary objectives in a given Smart Contract further automate any complex supply chain (eg. RFID scans, data transfers). The MRPH token is a “value” based utility within the Morpheus.Network, and is used for the transaction fees to power or 'fuel' the automation platform. We are currently establishing strategic partners during the development of the platform. These include major logistics and customs brokers, import/export corporations involved in global trade, as well as actual end-users of the platform.