Modex Launches Blockchain Database Platform, Finds First Partner

Last week, Modex, a blockchain database company, revealed its new offering, the Modex Blockchain Database platform (Modex BCDB). This is a way for companies to launch blockchain-based platforms and projects with much more ease than doing so manually.

A new way to launch blockchain products

Interestingly, however, the platform will work with Dietsmann, an oil and gas company, as its first partner. During the announcement, Mihai Ivascu, the CEO and founder of the company, stated:

“With the launch of Modex BCDB, we’re excited to usher in a new era of enterprise blockchain adoption. We’ve developed Modex BCDB specifically with enterprise needs in mind in order to counteract the high barriers to adoption that have typically kept businesses on the sidelines. Our platform and customers prove that it is possible to leverage the benefits of a blockchain database without long development timelines or high implementation and consulting costs.”

The platform will bring with automated audits, legitimate security, and other blockchain features to Dietsmann. After all, it works with most already established systems and ensures that companies can save time by simply deploying one of these platforms.

The Founder and President of Dietsmann, Peter Kutemann, is a big fan of blockchain after this deal. The company has been around for 40 years now, and Kutemann believes now is the best time to start adopting new technology and move forward into the world. After all, he wants to keep the trust of his customers.