On 4th September 2016, at a Starbucks Cafe in Singapore, Pei-Han and the founding team were seated together discussing the potential of blockchain technology, which embodied four core principles: cryptography, distributed systems, peer-to-peer networking, and game theory. They realised that what seemed like a disruptive technology concept was not sufficiently adopted by many programmers worldwide. A quick check online on Reddit, Stack Overflow has revealed the challenge and lack of resources as the main reason many programmers chose to forego learning.
Then, they had this idea, “Why can’t we just have an online platform that allows programmers to learn and develop blockchain-based applications easily?”
Four years ago today, they launched Morpheus Labs in Singapore.
Today, we are a leader in Blockchain-Platform-As-A-Service (BPaaS), offering mission-critical tools, infrastructure, various blockchain protocols, and blockchain use case references for enterprises and developers to build, experiment and manage their own applications effortlessly at minimal cost and time. Armed with relevant capabilities, the platform offers a multitude of intuitive solutions that enables developers and enterprises alike to take advantage of its platform to build effective solutions for various use cases.
The Company was accelerated by SGInnovate and we are a member of SGTECH. In addition, Morpheus Labs is featured in the Singapore Blockchain Landscape Map and Tribe Accelerator in Singapore in the Enterprise Solution and Consulting Sector alongside enterprises such as IBM, Oracle, PwC and Microsoft.
Innovation is a combination of creativity and implementation. Often, an idea needs to go through phases of evolution or pivoting before it reaches maturity for commercialization. In reality, most ideas seldom reach their commercialization value because the cycle is too long and expensive, rendering it too ineffective in time and costs to allow ideas to grow and mature.
We want to make it easier and cheaper for people to develop blockchain solutions; empowering businesses to solve the unknowns and complexities in blockchain technology.