Morpheus Labs Integrates NULS Into Its Blockchain Ecosystem


Morpheus Labs Integrates NULS Into Its Blockchain Ecosystem

Morpheus Labs has confirmed the addition of NULS to its blockchain platform. The company is a Blockchain Platform-as-a-service that has its headquarters in Singapore. Besides, Morpheus Labs also runs an app marketplace.

NULS is a modifiable modular blockchain solution that intends to ease the adoption of technology for the tech-savvy population. Essentially, it makes blockchain technology easier to use for developers with an objective of increasing its uses in solving present-day challenges in various industries.

Unlike typical blockchains, NULS is built using several independent modules. These modules have specifics task, including storage, smart contracts, consensus, and so on. Their independence means that the failure of one module does not affect the entire blockchain.

NULS first partnered Morpheus Labs in August this year. Since then, the two have been in talks about making NULS a part of the Morpheus Labs community. The main features that NULS will bring include cross-chain consensuses and multi-chain mechanism. As a result, users can conduct transactions easily across the partnering blockchains. Similar to the Morpheus Labs blockchain, NULS is built using a modular structure.

Ultimately, NULS aims to promote the commercial adoption of blockchain technology, as well as the interoperability among various blockchain networks. In this regard, Leisa Huang, the CEO of NULS, said that the partnership with Morpheus Labs will expand their global reach. This will enable NULS to convince several companies and developers on the importance of embracing blockchain technology. In turn, this will increase the overall adoption of blockchain technology.

On her part, Dorel Burcea, the CIO of Morpheus Labs, praised NULS for developing their revolutionary blockchain solution that solves many problems. Precisely, she lauded the cross-chain consensus that enhances interoperability across different blockchain protocols. Dorel concluded by noting that this will contribute significantly to the mass adoption of blockchain technology.

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