Today and tomorrow (July 8-9), Modex takes part at TRUMPF Venture Forum in Ditzingen, Germany. Alin Iftemi, Head of Modex, and Dragos Rautu, Modex CTO, will highlight the world firsts and the advantages that our innovative solution BCDB (Blockchain Database) brings to the enterprise market.
The 2-day Venture Forum focuses on artificial intelligence (AI), cybersecurity and Distributed Ledger Applications (DLA). Thanks to its breakthrough blockchain products aimed at developers and companies/enterprises, as well as its Marketplace for smart contracts, Modex has raised strong interest from the business units and the investment team of TRUMPF Venture Group and has been invited to take part in the event. Here, Modex representatives have the opportunity to discuss collaborations and investments while showcasing the innovations of BCDB.
At a glance: Modex BCDB
Modex BCDB is a new take on blockchain technology which removes the need to invest resources in blockchain training and facilitates fast adoption of the technology in businesses. The solution proposed by Modex is a middleware which fuses a blockchain with a database to create a structure which is easy to use and understand by developers with no prior knowledge in blockchain development. As a result, any developer who knows to work with a database system can operate with our solution, without needing to change their programming style or learn blockchain. Through our blockchain component, Modex BCDB is able to transform with minimal changes any type of database into a decentralized database which holds the same valuable characteristics inherent to blockchain technology: transparency, increased security, data immutability, and integrity.
About TRUMPF Venture
Driven by enthusiasm for technical excellence that creates added value for customers and with a pioneering spirit, TRUMPF values innovation and promotes developments that alter or call into question existing business models. As a corporate venture capital investor, TRUMPF Venture GmbH supports promising start-ups that wish to play a key-part in shaping the industry of the future.
Offering strategic added value in addition to a financial investment, TRUMPF is looking for high-tech companies with potential, focusing on start-ups which will shape the industry of the future. The requirement for an investment is a business model that is technology-based, innovative, and sophisticated due to unique selling points, ideally with initial turnover. Additional crucial criteria are an experienced management team, scalability, as well as potential for sustainable growth and added value as a result of the investment.
Blockchain company Modex is promoting the adoption of blockchain technology and strongly believes in a future built around blockchain. Modex offers fully integrated services designed to solve the last mile adoption problem of the blockchain and aims to make blockchain user-friendly for every single device or person. At Modex, we can innovate thanks to our incredible team of experts and we offer services for the entire blockchain technology ecosystem: Marketplace for Smart Contracts, community tools for developers and blockchain as database services for enterprises. In over two years, using cutting-edge technologies and with a clear strategy, Modex has evolved from the world’s first app store for blockchain into a complex ecosystem designed for developers’ needs and enterprises looking for blockchain solutions. Our mission is to spread and facilitate the adoption of blockchain into society and to solve real-world problems using this revolutionary technology.