A couple of things are essential: integrating blockchain at enterprise level brings all the benefits of decentralization, data immutability, traceability, recoverability to your company. This means that the nodes participating in the ,,intra-network’’ will store a replica of the references of data, the history of transactions and data can easily be traced chronologically and can never be lost, since that would require a special kind of impossible forces to align. Real-Life comparison: those keys that are necessary for launching nuclear attacks? they’d need to be turned at the same time. By many-many people across a network, that all agree that it’s in everyone’s benefit. None of the key holders can just do it on its own. Same with blockchain at enterprise level: in order for anything to be tampered with, absolutely everyone participating in the network would have to agree to coordinate their computers to tamper with the exact same data, at the exact same time, against their own company.
Now, let’s add on top of this a couple of Modex BCDB’s own unique features:
– Modex BCDB takes an agnostic approach, which means it integrates your current setup so no need to move to different ecosystems (like when migrating from IOS to Android, when all your gadgets are on IOS. Or the other way around). Also, if you yourself decide to switch your database provider, Modex BCDB will integrate the new one just as easily.
– Scalability: we want your team to keep growing. The more the merrier! Modex BCDB will follow this growth by allowing you to keep adding nodes (devices, as computers for example) in the network and to keep on customizing these nodes and how they synchronize with each other, what data each should keep and to create subnetworks, regional networks, country networks, etc. There’s no limit. Scalability is a key indicator of our product’s capability to adapt and perform under an expanding workload.
– Customization: with Modex BCDB you will see how easy it is to customize the nodes and the data that is being shared between nodes. While blockchain’s decentralization is something we appreciate and we want everyone participating to store a replica of the data, we also support a flexible model, adapted to your company’s requirements. And those requirements can mean that not everyone in the company should have access to full data, maybe only partial. So with Modex BCDB data can be fully encrypted or only partially, nodes can be given full access or only partial or they can be private nodes and security keys to access everything can be kept safely between several nodes as well. It is a matter of business requirements.
– Security: Modex BCDB enhances cybersecurity through the application of the blockchain layer, while also offering simplified and secure data aggregation to build a single picture of the truth for all participants.
Let’s make it simple then: What does it mean in general for your management / board? ROI, trust and peace of mind.
What does this mean to you in particular? – Legacy. Bringing Modex BCDB’s solution to your company is a long-term ,,revolution’’ in the way things are done and managed and reported.