Since Bitcoin penetrated the market in 2008, blockchain has become deeply ingrained in the vocabulary of the tech community and a constant presence in the discourse of entrepreneurs who tout it as the most disruptive technology since the advent of the internet. In its initial stages blockchain acted as the framework on top of which Bitcoin was developed. For this achievement, it was hailed as the first technology that succeeded in challenging our perception of what constitutes money as well as how we store and transfer value.
This achievement alone could place blockchain as one of the most influential technologies in the twenty-first century. However, what has made blockchain a hot topic among entrepreneurs and developers is the applicability of the technology beyond the realm of cryptocurrencies. Currently, a myriad of startups, as well as giants such as IBM, Deloitte, PwC, EY, Windows, and Amazon, to name a few, are actively researching and delivering PoCs which demonstrate that blockchain holds the potential to streamline operations and increase efficiency in key industries such as healthcare, data storage, supply chain, fintech, cybersecurity, among many more.
Modex BCDB is a middleware software solution designed to streamline blockchain database adoption through its modular plug and play approach. By removing the need to invest resources in blockchain training, Modex BCDB positions itself as a blockchain enabler in the enterprise and business sphere. Our solution is straightforward, a fusion between a blockchain engine and a database system that creates a structure that is easy to use and understand by developers with no prior knowledge of blockchain development. With a minimally invasive approach, Modex BCDB transforms a centralized database system into a decentralized database that comes with all of the inherent advantages of blockchain: data immutability, integrity, traceability, transparency, and availability.