Modex

The decentralized governance of the interrelated tools, modules, as well asand frameworks is controlled by the Modex BCDB (blockchain database). Tendermint core is the blockchain engine utilized by Modex BCDB, with different tweaks and layers. All the levels are designed to assist in providing interoperability across three sub-networks:

• Financial Sub-networksub-network: Certified payments infrastructure and services
• Developer Sub-networksub-network: Connections and modules for Modex
• Business Sub-networksub-network: Adaptable components for integration. Enterprise applications, DeFi tools and services, as well asand token utilities are the use-case clusters that are addressed by the Modex Network. It serves as an application programming interface.

Modex is a DeFi ecosystem builtdeveloped on a business-grade blockchain network that ensures interoperability and trust. The ModexIts Networkobjective aimsis to provideoffer a solid platform for many applications that want interconnection in a secure and regulated decentralized finance ecosystem. To meet the modern demands of scalability, security, and interoperability, the fundamental components of Modex are created in close collaboration with enterprise and international partners. The MODEX utility token representsis the governing currency of the Modex ecosystem, and it enablesallows stakeholders to join Modex Network.

The decentralized governance of allthe interrelated tools, modules, andas well as frameworks is controlled by the Modex BCDB (blockchain database), which remains at the very center of the entire ecosystem. Tendermint core is the blockchain engine usedutilized by Modex BCDB, with severaldifferent tweaks and layers. The Modex Network aims to provide several features (traceability, integrity, and security) and components (encryption engine, smart contracts, and processing infrastructure). All of thesethe levels are designed to helpassist providein providing interoperability across three basic sub-networks:

• Developer Sub-network: Connections and modules for the ecosystemModex
• Business Sub-network: Adaptable components for smooth integration According to the whitepaper,. Enterprise applications, DeFi tools and services, andas well as token utilities are the three use-case clusters that are addressed by the Modex Network,. whichIt actsserves as an application programming interface (API). The Modex ecosystem is the umbrella that combines the Modex Network's technological components with satellites and use-cases from a variety of domains.

Modex is a DeFi ecosystem built on a business-grade blockchain network that ensures interoperability and trust. The Modex Network aims to provide a solid platform for many applications that want interconnection in a secure and regulated decentralized finance ecosystem. To meet the modern demands of scalability, security, and interoperability, the fundamental components of Modex are created in close collaboration with enterprise and international partners. The MODEX utility token represents the governing currency of the Modex ecosystem, and it enables stakeholders to join Modex Network.

The decentralized governance of all interrelated tools, modules, and frameworks is controlled by the Modex BCDB (blockchain database), which remains at the very center of the entire ecosystem. Tendermint core is the blockchain engine used by Modex BCDB, with several tweaks and layers. The Modex Network aims to provide several features (traceability, integrity, and security) and components (encryption engine, smart contracts, and processing infrastructure). All of these levels are designed to help provide interoperability across three basic sub-networks:

• Financial Sub-network: Certified payments infrastructure and services
• Developer Sub-network: Connections and modules for the ecosystem
• Business Sub-network: Adaptable components for smooth integration According to the whitepaper, Enterprise applications, DeFi tools and services, and token utilities are the three use-case clusters addressed by the Modex Network, which acts as an application programming interface (API). The Modex ecosystem is the umbrella that combines the Modex Network's technological components with satellites and use-cases from a variety of domains.

Modex Blockchain Database® (BCDB) is our patented innovation that combines traditional databases with distributed blockchain technology to harness the full potential of both. It is designed to offer real-time data protection and integrity, streamlined data sharing, and simplified compliance processes. No migration downtimes, no steep learning curve.

Quantifiable Trust

Modex develops scalable products and services that transform the way data and digital assets are stored, shared, and managed using blockchain technology.

Blockchain Database

Blockchain Database

ADMINISTRATION INTERFACE

Platform workbench

Easy configuration

Network overview

Modex Ecosystem

Promoting transparency and trust in the digital economy through a suite

of blockchain-based products, tools, and frameworks.

Modex Ecosystem

Harnessing the Power of Connections

Harnessing the Power of Connections

We are working in synergy with a network of handpicked business, technology and educational partners in various spaces to accelerate Blockchain innovation and adoption.

(Microsoft, aws partner network, oracle, EY, UiPath, elastic, Crayon, mongoDB, s&t)

What is Modex BCDB exactly?

Modex BCDB is a hybrid remote data storage system that enables blockchain adoption in enterprise software development and deployment by adding blockchain-based features to existing database engines.

Here is how it works: Modex BCDB is designed as a middleware that is installed between clients’ software and their legacy database systems, connecting them to a blockchain engine with minimal effort and without requiring additional training for software developers who use the product, as it has a similar interface to traditional databases. Our product does not eliminate the database component, which is essential for any organization, but is installed in your Server where it modifies a set of connectors in order to link the database to a blockchain network, while adding a set of ready made functionalities to your current software, delivering a unique combination of benefits in one shot. It then extracts the hash of every transaction that your Server processes and the metadata of the original command. The original input and the metadata are stored in the your current database, as always, but the history of all references is kept in the blockchain component that Modex BCDB brings, which is also replicated in a synchronized matter on all the nodes in your network that are given access and configured accordingly.

What is the clear added-value of Modex BCDB?

Modex BCDB supports businesses by enabling them to benefit from decentralization, data integrity assurance, high availability and scalability, improved security and a new, faster way to manage business-relevant data records. This is managed through a simple process of acquiring the ready-made Modex BCDB license (see pricing), an easy integration with your current systems and setup process. You won’t need to change anything in your day-to-day operations but only count the benefits.

What is Modex BCDB compared to a blockchain? And compared to a central database with distributed permission rights?

Modex BCDB is not a blockchain and it is not a database engine, but a unique integrator of both (did we mention we patented this?). Modex BCDB brings the blockchain (Tendermint, Hyperledger Sawtooth, etc.) to your current database system(s) or brings both, from scratch (MongoDB or ElasticSearch as default), depending on your particular needs and where your company is right now, in its development pipeline.

A blockchain engine will bring to an enterprise decentralization, but in majority of cases it doesn’t support partial nodes, it doesn’t guarantee data encryption and is not designed to store files, therefore making this technology alone insufficient to an enterprise environment. On the other hand, a blockchain-database (Modex BCDB) is the combination between a blockchain engine and a database engine that ensures integrity and immutability of a transaction within a single-structured data set. It ensures decentralization as well as traditional user maintenance, it supports both partial and full nodes and on demand per-field data encryption provides per-field encryption and on demand per-field data stored on blockchain (permanent data storage for specific fields).Our solution as a blockchain-database fusion, can also store large files, can be used to support enterprise data architecture & design and any enterprise software product, supports permission request-based access and can work with any blockchain engine and any database engine. So – way better!

Modex Blockchain Database® (BCDB) is our patented innovation that combines traditional databases with distributed blockchain technology to harness the full potential of both. It is designed to offer real-time data protection and integrity, streamlined data sharing, and simplified compliance processes. No migration downtimes, no steep learning curve.

Blockchain Database

(Microsoft, aws partner network, oracle, EY, UiPath, elastic, Crayon, mongoDB, s&t)

Modex BCDB is not a blockchain and it is not a database engine, but a unique integrator of both (did we mention we patented this?). Modex BCDB brings the blockchain (Tendermint, Hyperledger Sawtooth, etc.) to your current database system(s) or brings both, from scratch (MongoDB or ElasticSearch as default), depending on your particular needs and where your company is right now, in its development pipeline.

A blockchain engine will bring to an enterprise decentralization, but in majority of cases it doesn’t support partial nodes, it doesn’t guarantee data encryption and is not designed to store files, therefore making this technology alone insufficient to an enterprise environment. On the other hand, a blockchain-database (Modex BCDB) is the combination between a blockchain engine and a database engine that ensures integrity and immutability of a transaction within a single-structured data set. It ensures decentralization as well as traditional user maintenance, it supports both partial and full nodes and on demand per-field data encryption provides per-field encryption and on demand per-field data stored on blockchain (permanent data storage for specific fields).Our solution as a blockchain-database fusion, can also store large files, can be used to support enterprise data architecture & design and any enterprise software product, supports permission request-based access and can work with any blockchain engine and any database engine. So – way better!