MPRT stands for Moving Picture Response Time, which is a technology used to reduce motion blur on a monitor. It reduces the time of a frame showing on the monitor, which reduces the "ghosting" and "blurring" effect, resulting in a visually smoother image while playing games. MPRT is not a technology to reduce motion blur outright, but it is in reference to motion blur. It is essentially just flicker backlight, which makes images appear smoother and have more motion.
The moving picture response time figure quoted by monitor manufacturers is, at best, a niche theoretical measurement, and at worst is a purposefully misleading marketing tool designed to trick customers into thinking their product is better than it actually is. It is important to understand that MPRT is not a panel measurement, and it is not the same as pixel response time. Instead of making the panel draw more frames, manufacturers turn off the backlight for all but 1ms per frame, which creates a PWM square wave.
In summary, MPRT is a technology used to reduce motion blur on a monitor, but it is not a direct measurement of motion blur. It is important to understand that the MPRT figure quoted by manufacturers can be misleading and should not be the only factor considered when choosing a monitor.