AMA Highlights – Morpheus Labs
By Daniel Dal Bello, Director.
February 25, 2020 – 9 min read.
On Tuesday 25 February 2020, we welcomed Pei-Han Chuang and Dorel Burcea of Morpheus Labs into the Hillrise Capital Telegram chat for an AMA. Pei-Han is the CEO, and Dorel the CIO, both are founders.
Tommo Coumans also joined the session representing Morpheus Labs in his role as Ambassador.
Morpheus Labs is a Singapore-based blockchain startup primarily operating a B2B enterprise-focused platform for blockchain development. This flagship ‘Blockchain-Platform-as-a-Service’ is a centralized cloud-based hub designed to simplify and expedite the processes and procedures involved in evaluating, developing, and deploying blockchain solutions for organizations of any size.
The overarching mission of the company is to be a connector; bridging the gap between commercial enterprise and the possibilities emerging blockchain protocols present as alternatives to legacy systems.
In this post, we have compiled key questions and answers from the event.
Daniel Dal Bello
Welcome guys, thanks for joining us today.
I’m obviously very familiar with what you are doing, but it might be nice to hear a short introduction from you and some background on what Morpheus Labs is about?
Dorel Burcea
Hi. I am Dorel the CIO of Morpheus Labs, a long-haul technology leader with passion for innovation. I’ve been working in the banking industry for 17 years and have spent more than two years in Morpheus Labs leading the platform development and strategy.
Morpheus Labs (MITx) is a BPaaS (Blockchain Platform as a Service), blockchain agnostic platform, aiming to bridge the gap between blockchain and the real world (companies, developers, students). We are integrating a lot of blockchains (Ethereum, VeChain, EOS, NEO, Waves, Wanchain, TomoChain, CPChain, NEM, NULS, Hyperledger, ProximaX and many more.
Realistically, we hope to have many more blockchains connected to us, where companies, students, and developers can ‘develop’ on the platform. We focus on building the tools to develop on blockchains, while we let blockchain companies focus on improving their blockchain.
Daniel Dal Bello
Dorel, you were in attendance for the opening of the Blockchain Village at Medini (‘BVAM’) in Malaysia. This is a significant project in a neighboring country, launched by i2M Ventures who are a wholly-owned subsidiary of the sovereign wealth fund of the Government of Malaysia.
I want to understand the gravity of this connection, as we first heard of this in October last year and were expecting to hear more in the following months.
What involvement does Morpheus Labs have in the BVAM, and with the other stakeholders involved?
More importantly, what tangible impact will this ‘partnership’ have on you as a business, and under what timeframe?
Dorel Burcea
Yes, Medini we keep eyes constantly on what is happening close to Singapore. Unfortunately, we are still not able to share about our involvement regarding this project in Medini as there are still talks going on (government institutions as well we’re depending on a slow process).
Eventually, we hope that through this open door, especially for education in the region, we are able to deliver talent development and business solutions on blockchain technologies.
Daniel Dal Bello
It’s a bummer you can’t discuss it, but we understand. There is a government arm involved, so it is understandable. Is your goal in this association to work directly with businesses and bring on customers for the BPaaS, or work through educational institutions and distribute memberships through those institutions to students?
Dorel Burcea
Although we have already enterprise customers that use our platform we want to use any opportunity that brings us mass adoption of our platform. In this initiative through education, we aim for more subscriptions hence more conversion. After the [Hanwha] DreamPlus education initiative, more and more education providers want to engage us into education business for blockchain.
Pei-Han Chuang
The goal of the business was to get our foot in the door to bring blockchain education into the region. This was one of our goals to drive mass adoption, as well as to find opportunities in a new market. What is better than a door opening via the government itself?
Daniel Dal Bello
Have you found that by your association and curriculum with Hanwha, other education providers are interested in working with you? Can you comment any more on that?
Tommo Coumans
So far the education providers I’ve talked to don’t name Hanwha as the factor on why they want to move forward (or go to introductory talks); it’s often the complete package of what we offer (blockchain partners, platform, current curriculums/educational courses).
Daniel Dal Bello
They’re interested in the complete package as you put it, so what is the motivation for an education provider to engage Morpheus? They want to offer the course to students, and have the benefit of the platform for them (the students) to learn on?
Tommo Coumans
Basically the platform offers an easy way to do blockchain development (and an easy way to integrate curriculums). I like to compare the BPaaS to the office package from Microsoft. Everybody uses Word, Excel, and PowerPoint but nobody thinks about using it. It’s an easy way to get your work done, your presentations made or your spreadsheets in order. The BPaaS functions as this; we’re blockchain agnostic and with a subscription model developers, students or companies can build (or get help building) with blockchain. So for a university, utilising our BPaaS means they don’t have the build their own tools for development and it means every student uses the same method. If they want to switch from VeChain to Ethereum they can stay in the same platform.
But yes; educational providers can:
- Use our curriculums or write their own
- Use our help
- Get every student to use the same BPaaS
- Try out a lot of different coding languages / blockchains in the same environment