Dutch oil and gas giant Dietmann uses blockchain platform to simplify the deployment of projects on the chain

According to Cointelegraph on September 23, blockchain startup Modex announced the launch of a blockchain database platform to simplify blockchain deployment, and large oil and gas company Dietsmann will conduct pilot projects on the platform.

Refinery-514010_1280 (Source: pixabay )

Simplify project deployment with blockchain

On September 19th, Modex released its latest product, the Modex Blockchain Database Platform (BCDB), which simplifies the way companies deploy blockchain projects.

According to the announcement, the Modex blockchain database platform allows companies to launch blockchain projects in just a few hours, not days or even months. Modex CEO and founder Mihai Ivascu said:

With the launch of the Modex blockchain database platform, we are excited to usher in a new era of enterprise adoption of blockchain. We developed the Modex blockchain database platform specifically for enterprise needs to eliminate the barriers that often put companies at the edge of the blockchain.

In an interview with the Romanian local newspaper Economya, Ivascu said he is discussing the blockchain platform with the Romanian Commercial Bank (BCR). At this stage, the Romanian Commercial Bank has not yet used the Modex solution.

Dietsmann

Dutch oil and gas giant Dietsmann was founded in 1977 as one of the first partners to bring the Modex blockchain database platform to the oil and gas industry. The company is responsible for repairing the production equipment of other companies.

Peter Kutemann, president and founder of Dietsmann, said that the blockchain will benefit the company and open up new avenues for its cooperation with key customers and suppliers:

The infrastructure of the Modex blockchain database allows Dietsmann to start and run on the private chain at a lower cost within a few days, and will increase the efficiency and reduce the workload of our technical team.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Yesterday, 340,000 ETH on the Upbit exchange was stolen, but this server was attacked ...

Author: Chengdu chain security According to industry media reports, around 1 pm on November 27, the security system o...

Opinion

Unveiling the FTX Empire's 'Second-in-Command' The Glorious and Falling Journey of Chinese Genius Programmer Gary Wang

What has Gary Wang gone through, from being a close friend of SBF to becoming the COO of FTX and a key witness?

Policy

BlockFi Emerges from Bankruptcy, Ready to Pay Back Creditors and Recover Assets

In November, popular crypto lending platform BlockFi made headlines for their bankruptcy filing caused by the FTX con...

Blockchain

Thousands of exchange platform license thresholds reach the cloud or 5 platforms enter the Hong Kong Securities Regulatory Commission's sandbox

Source: 21st Century Business Herald Author: Zhou scorching The confrontation between the United States and Iran has ...

Market

Why SEC Chairman Gary Gensler is Cracking Down on the Crypto Market: Latest Speech

SEC Chairman Gary Gensler gave a speech on June 8 at the Piper Sandler Global Exchange and Financial Technology Confe...

Blockchain

Interview with BitMax.io Cao Jing: Compliance, Localization and Traffic Integration, Exchange Status and Future

On October 19th, at the 1st anniversary of the BitMax.io exchange, Jingwei China Partner Harry, Sequoia Capital Partn...