Modex, specialized in the blockchain technology, will be expanding the relationship with BCR following the BCR-InnovX Business Accelerator, a program dedicated to technology businesses that develop dedicated solutions for fields of activity such as cyber-security, fintech, artificial intelligence, automated learning, robotics, cloud, automation or microservices, according to Modex representatives.
The Modex Blockchain Database (BCDB) solution is a product developed to change the way in which companies manage their databases, providing characteristics specific to the technology, such as decentralization, high security and immutability. The solution was certified by the European Commission within the Horizon 2020 Research and Innovation program.
The solutions are considered by several large global companies, according to a Deloitte survey, which says the blockchain technology is among the top five priorities of large global companies. Moreover, 40% of them seek to invest $5 million in blockchain.