Oil and gasoline large pilots New Blockchain platform from Modex


Blockchain startup Modex introduced the launch of its blockchain-based database platform for simplified blockchain implementation, which shall be examined by Dietsmann, a significant oil and gasoline firm.

Simplification of blockchain acceptance

On September 19, Modex announced the discharge of its newest product, the Modex Blockchain Database platform (Modex BCDB), which simplifies the best way through which firms can deploy blockchain expertise tasks.

In response to the announcement, Modex BCDB permits firms to begin blockchain tasks in just some hours, as a substitute of days and even months. Mihai Ivascu, CEO and founding father of Modex stated:

“With the launch of Modex BCDB, we’re delighted to herald a brand new period of enterprise blockchain acceptance. We’ve developed Modex BCDB particularly for enterprise wants to beat the excessive limitations to acceptance that firms have often stored on the sidelines. "

In a interview with Economica, a Romanian native newspaper, Ivascu stated he had a number of conversations with the Romanian Financial institution of Commerce (BCR). At this stage, the BCR doesn’t but use Modex options.


Oil and gasoline large Dietsmann, based in 1977 within the Netherlands, is likely one of the first companions that Modex BCDB brings to its business. The corporate that makes a speciality of sustaining the manufacturing services of different firms.

Peter Kutemann, president and founding father of Dietsmann stated that blockchain will considerably profit the corporate and open up new methods to collaborate with its key prospects and suppliers, and provides:

"Modex Blockchain Database infrastructure allows Dietsmann to work inside just a few days at a low value on a personal blockchain infrastructure, with excessive effectivity and minimal effort from our technical staff."

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