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Modex Joins UK’s G-Cloud 12 Digital Marketplace

Modex, the blockchain database company, is now listed on the G-Cloud 12 Digital Marketplace. G-Cloud 12 helps customers from United Kingdom’s public sector find and buy cloud computing services such as hosting, software and cloud support, including many off-the-shelf, pay-as-you-go cloud solutions.

As Modex continues its evolution, the company widens its reach by giving customers more ways to access Modex’s innovative products and services. On the Digital Services homepage you can find Modex under M3 Holdings LTd, its parent company. “Modex BCDB (Blockchian Database) has been designed to help people without a background in blockchain development access the benefits of blockchain database and remove the dangers posed by the loss of sensitive data. The main purpose is to assurance transparency, increased security, data immutability and integrity and fraud prevention.”

Geared for a blockchain-based future: Modex BCDB

Modex BCDB can be used in various industries which can benefit from the advantages of blockchain technology. In healthcare, Modex BCDB can help hospitals and clinics mitigate the effects of cyber-attacks and system failures with its high data availability, real time backup, and distributed structure. For government & public services, blockchain technology can enhance the efficiency of processes and the credibility of public data, increasing citizens’ level of trust in public institutions. In banking and financial services, blockchain can reduce processing times, the potential for error and delay, and the number of steps and intermediaries required to achieve the same levels of confidence as in traditional processes.

When it comes to log management, versioning provides a changing view, while the underlying data is expressed with new contents bound to a unique identifier. Modex BCDB doesn’t allow any audit trail changes or deletion, which means your logs are kept safe. For regulatory compliance, through the use of advanced encryption mechanisms, Modex BCDB assists companies in implementing GDPR-compliant solutions. When it comes to incident response, BCDB can help mitigate the effects of ransomware attacks by eliminating the single point of failure through its decentralized and distributed structure.