Skip to main content

Modex Blockchain Database, a game-changer for the enterprise market

Their proposed solution which later took shape in Modex BCDB modifies a set of connectors in order to link the database to a blockchain network, thus significantly enhancing storage capabilities.

Modex Blockchain Database is a software product designed to empower businesses by enabling them to develop and deploy blockchain software solutions in matter of days. Modex Blockchain Database (BCDB) is created by an experienced team of developers and brings many world firsts and unrivalled advantages for companies offering: cost cutting, data security, and time efficiency.  

From a technical standpoint, Modex Blockchain Database (BCDB) falls into the middleware category, as it positions itself between the client’s software application server and their database. What sets Modex BCDB apart from its competitors is its approach to handling data. From the start, the minds behind this new innovative take on blockchain technology decided to employ a minimally invasive approach, in the sense that companies and enterprises keep their data models intact. 

How does this benefit my business? Why should I change the way in which is store my data?

Modex has adopted a plug and play approach, in the sense that any technical operations required to facilitate the transition to the BCDB framework are performed by the Modex development team. As previously mentioned, the procedure involves a minimal level of changes, consisting mostly of writing and implementing the connectors which enable the database to communicate with the blockchain network. This approach means that all the heavy lifting is done by Modex team, which means that clients need only to get familiarized with our interface. To maintain a high level of flexibility and versatility and to satisfy the needs of a large spectrum of the developer community, Modex BCDB employs a wide variety of APIs. Be it Java, Javascript, C, C++, Golang, C#, etc, BCDB  enable developers to connect through a REST API and GRAPH QL, while providing drivers for the most popular programming languages. 

Probably the first question that comes to mind is ‘How does this benefit my business? Why should I change the way in which is store my data?’. Modex’s middleware solution has a transformative property in the sense that it bestows all the advantages and inherent capabilities of blockchain technology, data distribution, immutability, as well as a real-time backup functionality. 

A core feature that distinguishes Modex BCDB is the fact that it is blockchain and database agnostic. This characteristic opens a new window of opportunities, as compatibility related issues become a thing of the past. Regardless of the type of database a company is employing, or the type of blockchain it wishes to connect to, our solution ensures a seamless connection between the two technologies. Modex BCDB doesn’t aim to replace the existing database but to improve it by adding a blockchain layer. By situating ourselves between the database component and the client’s software, we ensure a higher degree of security and trust, while giving access to a mechanism through which clients can create their own infrastructure.

An agnostic take on blockchain

The versatility of Modex BCDB stems from the agnostic design of the framework. On a deeper level, it can be observed that each node in the network can host a distinct database. As a result, one node can hold a NoSQL database such as MongoDB, while another node from the same network can host a SQL database. 

This layer of flexibility can prove to be invaluable to a consortium network, where multiple companies can synchronize their databases, without requiring to change their database providers. As a result, the system becomes database agnostic, which implies that Oracle, IBM, Mongo DB, Microsoft SQL databases can synchronize with each other. Modex BCDB positions itself between the client’s application and database without altering data entries to facilitate communication with different types of databases. 

Modex BCDB, unique design choices and features

Modex BCDB is the first middleware solution that manages to be both database and blockchain agnostic. Currently, other solutions present on the market are either blockchain or database agnostic, but not both at the same time. By adopting a modular design, Modex BCDB becomes truly agnostic in the sense that it to any type of database and blockchain. To push the envelope even further, BCDB can connect to different databases at the same time, as a result, clients are not obliged to change their database provider. Through Modex BCDB it becomes possible to build a distributed database network with different database engines. Distributed databases exist for some time, but this new system allows developers to combine different databases and distribute them across different database engines.

An important characteristic that sets Modex BCDB apart stems from how users interact with the solution. Prior knowledge of blockchain technology development isn’t required, as the system is designed to be operated as a database engine. Being a blockchain enabling platform, BCDB removes the need for companies to hire an in house team of blockchain developers. If a company relies heavily on Java for development purposes, they can interact through the Java driver with our middleware and create an environment that is connected on the back end level with a blockchain architecture.

Because Modex BCDB falls into the middleware software category, it has been designed with flexibility in mind, as to allow it to mold seamlessly on client applications and requirements. Developers are able to lock the structure of a node. This means that a company can create a custom table and arrange the fields according to their desired outcome, and allow other companies to introduce new data without permitting them to modify the structure of the table. Only the owner of the node will be able to implement any structural changes.

Licensing methodology is another aspect that makes Modex BCDB stand out. During an intense development process, Modex team modified each blockchain engine to enable and streamline the authentication process. Other solutions present on the market allow users to authenticate to the whole network, they can’t restrict specific nodes from authenticating to the network. Blockchain is a difficult technology to get into because, from a technical perspective, it is low level, in the sense that developers need to know the precise inner workings of the technology and have a solid grasp of their SDK to be able to start to work with them. Modex’s solution is situated at a higher level, as it drastically simplifies implementation. BCDB already provides the Sawtooth and Tendermint, and will do soon Fabric and Ethereum.  

Database migration is a sensitive topic for every enterprise, as any breach or data corruption could prove disastrous. Blockchain is a viable solution for improving database management and increase tamper resistance, but it is surprisingly difficult to integrate an existing platform in a blockchain network. Besides the complexity involved, the process would also attract significant costs and a long period of time for implementation. Modex BCDB overcomes these issues with its migration tool, which allows developers to easily move a database to a blockchain framework. The migration tool does all the heavy lifting: it scans the database and replicates the data model in our middleware, it creates metadata for each record and uploads it to the blockchain to ensure immutability. Modex’s approach to handling data differs, no record is deleted and the whole structure is kept intact. The database migration is initiated only after minor changes are implemented on the client’s side. A minimally invasive approach brings a much-needed breath of fresh air to legacy systems where changes are difficult to implement. But by simply changing a few connectors a legacy system will benefit from everything blockchain has to offer.



from TechRadar - All the latest technology news https://ift.tt/2Pzf6hf

Comments

Popular posts from this blog

Mother's Day 2020 gift ideas: 18 gadgets and gizmos for tech-savvy Aussie mums

Raising a family is not an easy job, and the women who care for us each and every day deserve to be told how special they are each and every day. While we tend to forget to do that, Mother’s Day reminds us we need to celebrate the women in our lives, whether they’re our own mothers or our wives and partners helping us raise the young ones. Mother’s Day 2020 is fast approaching (with under two weeks to go), and there’s a pretty good chance you won’t be able to take her out to her favourite restaurant this year, or even get to a store to shop for something she might like. So we have to get creative, and TechRadar’s Australian team has put together this little list of great tech gift ideas that you can buy online and have delivered in time for May 10. But you will need to get a wriggle on as delivery supply chains are under strain with more people shopping online. Whether she’s a whiz in the kitchen, loves to cosy up with a book or entertain at home, we’ve got a gadget or gizmo that’s s

Amazon Australia has specials on Bose products all this week

December may have just begun, but the world's largest online marketplace is already feeling the Christmas spirit.  To kick off the month’s festivities, Amazon Australia is celebrating  ‘7 Days of Deals’ with Bose's superb audio hardware discounted each day. To begin with, the very popular (and rightly so) Bose QuietComfort 35 II and the more expensive Bose Noise Cancelling Headphones 700 are available for less. To sweeten the deal, Amazon will throw in an Echo speaker as a bonus as well. When you purchase the superb Bose Headphones 700, you will receive a free Amazon Echo Show 5, or if you’d prefer the Bose QuietComfort 35 II, you’ll receive a complimentary Echo Dot. The offer is valid until December 8, or while stocks last. You can buy the same bundles, for the same price if you make the purchase via the Echo Dot or the Echo Show 5 product pages on Amazon. Just make sure you select the bundled headphone in the 'add other items' section on the right. Best noi

Valentine's Day flowers: the best online flower delivery services

February 14 will be here before you know it, and if you, like many others, are searching for that perfect gift, then placing an online order for Valentine's Day flowers is always an easy and romantic option. You can order a beautiful floral arrangement in minutes from a variety of online retailers, including; 1-800-Flowers, Amazon, ProFlowers, Teleflora, and many more. To help you sort through all the Valentine's Day offers, we've rounded up the best online flower delivery services in both the USA and the UK and listed their current promotions. We've also included delivery charges and made sure to mention if you can allocate specific days for delivery. There's a fantastic range of bouquets and gifts available from our selection of florists below, and online delivery from a specialist means you don't have to worry about the usual hassle of buying from a store and getting them home safely. We'll be updating this page as we get closer to the big day so you