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Today, Mihai Ivascu, Founder and CEO of Modex, was one of the speakers at Forbes 30 under 30 Summit. Themed “Generation L” (Leadership), the event focused on innovative projects, decision makers willing to make a change and the transformational factor defining young entrepreneurs.

The event’s first panel — “Talkin’ ’bout my Generation” — touched upon several topics. Each new generation, starting with the baby boomers, had a transformational component. The panelists tried to single out which is the transformational factor that best defines the new generation. They also spoke about what recommends young people to manage projects and large-scale businesses, how can they be helped and what’s the role of young entrepreneurs in today’s society. An important part of the panel was dedicated to responsibility as the new norm, sustainable development and strong, efficient institutions in big cities across the globe.

Bright ideas, persistence and hard work

Speaking about entrepreneurship and about turning a bright, innovative idea into a functional product, Mihai Ivascu, the CEO of Modex, stated: “When all you have is a good business idea, you then realize that execution — turning the concept into reality — is 99% of the entire effort. One should know that there’s nothing fancy, glamorous about entrepreneurship. At some point it will take a toll on your free, personal time, your health, etc. In Romania we’d like to jump from the small league directly into the big league. And we’re not speaking here about the first years of developing a business, about the ABC of entrepreneurship, validating one, ten or a hundred foreign investors. Worldwide, there are some countries which show more respect than others towards those embarking on a new business path, on a new venture. It is our duty — those who have already taken their first steps in a new business — to guide younger entrepreneurs as they embark on their mission to make a difference.”

Promoting innovation, supporting young entrepreneurs

Modex, a blockchain company, is committed to promoting innovation and supporting young entrepreneurs not only from the FinTech industry, but also from other domains. Modex and the International University of Monaco (IUM) are joining forces to support the next generation of entrepreneurs and one of the biggest luxury business pitching competitions of 2019: The Mark Challenge. Hosted by the International University of Monaco, The Mark Challenge is a competition that provides students gifted with a keen entrepreneurial spirit the opportunity to pitch a luxury or premium business idea to a professional panel of potential investors and community leaders. The competition aims to build a cohesive and engaging ecosystem where the new generation of entrepreneurs can come in contact with business leaders and get hands on experience with this exciting and profitable domain.

Fully integrated services and developer tools

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 are able to 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 for enterprises looking for blockchain solutions. Our mission is to spread and facilitate the adoption of blockchain into the society and to solve real world problems using this revolutionary technology.