Accelerating Time To Market For Elrond dApps Via Blockchain-Platform-As-A-Service Morpheus Labs Integration
By embedding blockchain technology into their application stacks, businesses from any vertical are accelerating their growth by adding exciting new features and making existing flows more efficient.
But getting started with blockchain is not easy. From deploying the relevant infrastructure to setting up the right tools, development environments, libraries, permissions, and so on, a lot of time is wasted before development can even begin.
Morpheus Labs is offering an end-to-end Blockchain-Platform-as-a-Service environment that allows developers to skip the hassle of “getting started” and get right down to building their world-changing dApps.
We are excited to announce that the Elrond blockchain will be integrated into Morpheus Labs’ Solution Environment for Enterprise Development (SEED)! This will enable Elrond devs to decrease their time to market and accelerate the expansion of our ecosystem.
The collaboration will focus on making SEED compatible with Elrond and provide developers with access to Collaborative Development Environments, quick deployment of pre-built environments, and all the other features of the Morpheus Labs all-in-one solution center.
Training providers will be able to use SEED to train practical Elrond-based solution-building skills. Furthermore, a portion of the MITX token supply will be bridged to our mainnet as ESDT tokens, to enable the Morpheus Labs community to engage with DeFi opportunities on the Maiar Exchange.
“Our protocol and tools have been designed to enable any developer to integrate our blockchain technology into their application stack and supercharge their products with the Elrond high speed and inexpensive decentralized capabilities. The integration with Morpheus Labs can streamline efforts and accelerate time to market in many scenarios, which is important for the proliferation of Elrond tech.” said Beniamin Mincu, Elrond Network CEO.
“The Elrond Network blockchain really stands out in terms of performance and how accessible it is to developers. We’re excited to complement their toolkit with the Morpheus Labs SEED integration and help drive more development resources and creativity into their ecosystem” said Bruce Lu, CTO of Morpheus Labs.
The integration is important for Elrond because it facilitates access for developers looking to build with our tech and can further speed up the time needed to deploy a dApp on our mainnet, which has the potential of significantly accelerating ecosystem growth.
Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
About Morpheus Labs
Morpheus Labs is a Blockchain-Platform-As-A-Service (BPaaS) provider 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. Start building for free on Morpheus Labs SEED!
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