#VeChain VS #MorpheusNetwork
During the talk between @girlgone_crypto and @DanMorpheusCEO there was a question what the difference is between VeChain and Morpheus.

A thread
- $VET is not a supplychain (SC) coin.
- $MRPH and $VET could work together.

1/12

2/12
First of all, $VET is not a supplychain (SC) coin. VeChain is a public blockchain (like $ETH) on-which you can build basically anything you want.
The reason a lot of people think that $VET is a SC coin is that a lot of the first usecases built on VeChain are SC related.

3/12
This is because the whole idea of VeChain started with the CEO Sunny Lu who worked at Louis Vuitton as Chief Information Officer on an internal project called "track and trace". They wanted to expand that project and that's how he discovered blockchain technology.
$VET

4/12
Sunny noticed that 90% of the blockchain startups were developing apps related to financial services, which is considered difficult because of the strict compliance regulations.
He also realized if you have no commercial activities on the blockchain and just go
$VET

5/12
bare-handedly to develop and promote blockchain apps, you are playing in an empty field.
So when VeChain started in 2015, the idea was to begin with traceability and anti-counterfeit. The next step was to put more commercial activities on the blockchain.
$VET

6/12
Once you established a business ecosystem, it would become a natural move to provide the financial support on the blockchain.
You can already see the expansion of usecases. Healthcare, Certification, Carbon credits, Sustainability, Gas industry. The list goes on.
$VET

7/12
This rapid expansion is due to the consensus algorithm called Proof of Authority whereby 101 companies put their reputation at stake. This results in a decentralized IaaS, existing of 101 companies with 101 different business models, services and client networks.
$VET

8/12
You could see VeChain as a decentralized IaaS whereby you pay $VTHO to use that IaaS (store data / run smartcontracts). The same way you pay AWS credits to pay for Amazon Web Services, a kind of centralized IaaS.
( $VTHO is part of VeChains economic model)

9/12
So, the VeChain blockchain, with the 101 different companies, $VET and $VTHO, is column 2.

One of VeChain's products is a SC system called ToolChain; a Wordpress for SC usecases.

ToolChain is a dApp using the blockchain.
You could put Toolchain in the 3rd/ 4th column.

10/12
Morpheus Network on the other hand positions itself as a blockchain-agnostic supply chain SaaS Platform. This means they run their application on different public blockchains as well as private blockchains.
(on different infrastructures: IaaS).

Column 3/4
$MRPH

11/12
Morpheus is middleware. They sit between all the different Supplychain systems (e.g. ToolChain). They collect the datapoints of different Enterprise Resource Planning systems and deliver more transparency and actionable data to the companies using the platform.
$MRPH

12/12
This is why #VeChain and #MorpheusNetwork could work together and it will be nice if Morpheus uses the VeChain blockchain too.

Hope the difference is a bit more clear.

A thread about $MRPH https://twitter.com/Martijncvv/status/1338460985716305921

A thread about $VET

I think $VET with 1B MC and $MRPH with 22mil MC are both undervalued and I hold both. https://twitter.com/Martijncvv/status/1282101739940872192

If you want to like or RT, please RT the first tweet of the thread.

More explanation threads about #VeChain, check the comments on the tweet below or click #EducationVET for single explanation Tweets. https://twitter.com/Martijncvv/status/1218895904469651456