Morpheus Labs, a project building a comprehensive, blockchain-agnostic platform and communal ecosystem, has announced it has signed a strategic partnership with CPChain, a new, distributed infrastructure for the next generation of IoT projects.
Together, the two projects will exchange knowledge and explore possible tech integrations and strategic collaborations. The partnership’s main goal is to facilitate DApps development while creating synergistic benefits for third parties.
Morpheus Labs sees education — particularly that of developers — as a key factor for increasing adoption and usage of blockchain technology. After a string of recent partnership announcements, including the Dreamplus collaboration, Morpheus Labs’ platform tech is recognized as a leading BPaaS (Blockchain Platform as a Service) solution. This is prompting other projects (including CPChain) to seek partnerships and joint solutions that can promote and encourage adoption.
CPChain is building a fundamental data platform for IoT systems in combination with distributed storage, encryption computation, and blockchain technologies. Their goal is to offer a comprehensive solution that covers everything from data acquisition, storage, and sharing to applications. CPChain is a promising solution to a series of challenges of the current “chimney architecture” of IoT systems, reducing the connectivity cost of devices, protecting data privacy and maximizing the value of IoT data.
In the immediate future, both parties will work on a series of marketing campaigns to drive community building and engagement throughout the year.
Both parties are confident in the future of blockchain and each other. After carefully considering each other’s assets and field of expertise, the primary goals are to build a blockchain technology application ecosystem, promote the accelerated development of blockchain technology, and create more value for industry partners. Future goals will include cooperation in brand promotion, community cooperation, technical cooperation, API integration, BPaaS services, and applications research and development.
[perfectpullquote align=”full” bordertop=”false” cite=”Shi Qingwei, COO of CPChain” link=”” color=”” class=”” size=””]“Morpheus Lab can build a bridge between the public chain and developers, thus by empowering project like us, it will be a step closer to perfect the ecosystem. We believe by striking this in-depth cooperation with Morpheus Lab, CPChain, Morpheus Lab and the Developers will achieve triple-wins.”[/perfectpullquote]