Modex Blockchain Database (BCDB) is a middleware solution enabling blockchain adoption in enterprise software development and deployment without eliminating the database component, but by mixing standard database engines with blockchain features, while allowing programmers to work within the systems they are already using. This service helps build a secure and stable blockchain environment, saves on operations and maintenance costs, and facilitates business development. Modex BCDB pricing is license-based, with a pay-as-you-go model and a certain number of free transactions to support the growth of new adopters. It works similarly to a Software-as-a-Service (SaaS) model, but the infrastructure is hosted by the beneficiary. As a result, any developer who knows how to work with a database system can operate with our solution, without needing to change their programming style or learn blockchain. For enterprises, Modex BCDB translates into enhanced data security, secure data sharing, streamlining of operations, and maximum protection against cyber-attacks.
By harnessing the potential of blockchain, our technological offering helps companies and organizations achieve a higher level of trust and security for their most valuable asset, their data. Modex BCDB is bundled as an Infrastructure as a Service (IaaS) offering that helps enterprises create and deploy a blockchain-based infrastructure that complements their existing solutions, making them more resilient against a wide range of cybersecurity attacks, giving organizations full control over their data records. By hiding all the complex inner workings of blockchain behind the familiarity of a database engine, we make blockchain easy to use for any company, regardless of its sphere of activity.
Modex BCDB was designed to offer certifiable trust to any company, organization or business that needs to be extra vigilant with its sensitive data. The data integrity and immutability provided by the blockchain layer of the BCDB solution plays a key role in securing valuable data records. With flexibility on its side, the technology developed by Modex can ensure the protection of sensitive records at rest, when data is stored, or while in transit between multiple business partners that exchange information. Moreover, the Blockchain Database layer isn’t limited only to the enterprise sector.
As a solution that focuses primarily on protecting sensitive data records, and ensuring trust that the information stored in the system is authentic, Modex BCDB comes with an extensive list of functionalities and features centred on data: storage, encryption, synchronization policies, integrity check, data reconstruction, and many more.
With a unique set of characteristics and features, Modex BCDB delivers a set of data-related benefits that extend not only to the beneficiary of the Modex technological layer but also to their end customers and business partners: certifiable trust, enhanced data protection & secure data sharing, improved data accuracy, efficient data reconciliation and audit, complete data ownership, and data privacy.
Our solution is designed to solve some of the healthcare industry’s biggest problems such as data privacy and security issues. We are working towards enabling patients to manage their digital medical files and give others access when necessary, always being aware of who can see their data.
In the governmental field, we make institutional processes more efficient, enhancing the credibility of public data, increasing citizens’ level of trust in government. For the financial sector, Modex has built a back-end API-based engine that functions as a support for payment applications through a system of electronic wallets that can work with multiple providers at the same time and brings major security elements.
Our approach to blockchain is different from that of SaaS or Baas. Modex BCDB acts as an IaaS offering through which clients can create an immutable data infrastructure for their applications. This approach allows clients to have full control and ownership over the infrastructure they build. Also, Modex BCDB has become among the few blockchain players that offer a blockchain layer on top of a cloud environment. Another key differentiator is our agnostic approach to database and blockchain engines. The ability to choose what components are best suited for their needs gives companies unparalleled levels of mobility when devising their infrastructure.
Our company has partnered with more global companies to offer its technological layer to many customers. Through our partnerships with UiPath, Microsoft, Elastic, Setrio, Dietsmann, Digital Point, Ministry of Environment and Financial Supervisory Authority from Romania, we unlock large markets and industries, and we have identified novel use cases for our solution. Moreover, at the enterprise level, our company marks over 200 implementations.
