Blockchain development costs aren’t cheap. Singapore-based company Morpheus Labs thinks that their Blockchain-as-a-Service (BaaS) platform could help blockchain adoption to spread. The company has developed a platform that can help companies who want to create blockchain-based solutions, and it has been getting a lot of attention recently.
Anything that leverages blockchain’s potential to create efficiency is probably going to be a good place to be. The blockchain industry is projected to grow into a $20 billion+ USD industry by 2023, which is a compound annual growth rate of 80%. That may be why Morpheus Labs has been cementing partnerships with a wide range of companies, as well as some big names in the education space.