Dietsmann Oil and Gas Company Tests Modex Blockchain Platform

Modex has announced the launch of its BCDB platform, designed for the rapid development of blockchain applications. The platform is already being tested by a major oil and gas company Dietsmann.

According to a press release, the development and deployment of blockchain projects on the BCDB platform takes “a matter of hours, compared with days and weeks when creating projects on other sites.” Founder and CEO of Modex Mihai Ivascu noted:

“After the launch of Modex BCDB, we expect a new round of blockchain adoption in the corporate environment. “We developed a platform tailored to corporate needs – BCDB was created to break the rejection of new technologies in companies.”

The Dutch oil and gas company Dietsmann is one of the first to test the Modex platform. As the president and founder of Dietsmann, Peter Kutemann, noted, blockchain will greatly help the business and open up new ways of interacting with customers and suppliers.

“Modex BCDB will allow Dietsmann to deploy a private blockchain in just a few days, while it will be effective and require minimal effort to support our team of technicians,” he emphasized.

In early September, a subsidiary of the Chinese state oil and gas giant Sinochem Group announced the development of a blockchain platform together with Shell and Macquarie.