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

Opinion

Caroline Ellison testified in court Acting on the instructions of SBF, embezzlement of approximately $14 billion in FTX client funds.

The Manhattan courtroom was crowded on Tuesday as Caroline Ellison, the former girlfriend of SBF and former CEO of Al...

Blockchain

DeSpread Research Data Analysis of Centralized Exchanges and Investor Behavior in South Korea

According to a survey by the Korea Financial Intelligence Unit (KoFIU), it is expected that the number of cryptocurre...

Blockchain

The history of the rise and fall of the exchange: an important silhouette of the development of blockchain

Original from: blog.nomics.com Author: Nathaniel Whittemore & Clay Collins Compilation: Orange Book There may be ...

Blockchain

Research Report | Exchange Industry 2019 Q1 Report

In the first quarter of 2019, the digital clearing exchange industry changed dramatically. After a long bear market i...

Blockchain

New Battlefield for Encrypted Exchanges: High Frequency Trading

Some cryptocurrency exchanges are "quietly" paving the red carpet for High-Frequency Trading, and many trad...