Modex has teamed up with Provision Partners in order to accelerate new technologies and digital asset adoption in the South-East Asia region. The two companies share common values, including the passion for innovation, providing trust and offering cost effective software solutions which accelerate growth and participation to their customers. 

Provision Partners firmly believes that technologies should be easy to adopt, have a cost-to-scale structure and be able to demonstrate an immediate impact on margin opportunities.

In the same way, Modex leverages its technological layer to guarantee trust, a fundamental value for any type of business interaction. With a unique approach to integration and support, Modex takes a hands-on approach during the implementation process, helping companies make a seamless transition to the new world of digital assets.

Bringing value to the South-East Asian digital economy

The collaboration between Modex and Provision Partners started in August 2020. Given the common values shared between the two companies, it was a logical step to establish this partnership. Provision Partners brings a highly experienced team to the marketplace, while Modex works on and has developed patented solutions like Modex BCDB which help companies benefit from using blockchain as a database without time consuming and costly development phases. Both companies see value in bringing this cost effective and easy to adopt technology to the South-East Asian market. 

Commenting on this partnership, Mihai Ivascu, CEO and Co-founder of Modex, stated: “As Modex continues its growth in Europe, the United States and the Middle East, I am excited to explore – together with Provision Partners – new opportunities in the Asia-Pacific region. By joining forces, we will be able to efficiently implement data security-based solutions and increase digital assets adoption in this important growth market.”

Peter Hatz, Partner at Provision Partners, stated: “Our partnership with Modex changes the digital transformation adoption landscape and will play a fundamental role in the cost-to-scale approach our potential customers require. Modex bridges the gap between traditional database trust and the delivery of and an immutable record of truth in a private ledger. The Modex solution is a logical step for traditional businesses who want to test the waters and participate in the digital economy.” 

About Modex

Modex innovates in order to solve the last mile adoption problem of digital technology in society. Modex offers fully integrated data protection solutions and aims to make digital technologies user-friendly for organizations and people. Modex is a leading Blockchain Database provider offering real data integrity, log immutability and data security to help companies protect valuable information.

About Provision Partners

Provision Partners was formed by a highly experienced team of thought leaders and is based in Hong Kong. Applying practical change to skeptical traditional businesses, Provision Partners approaches digital transformation differently and delivers trust through its technology partners and leads a unique integrated infrastructure adoption process for those willing to transition to the new world of digital assets.