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DUBAI, UAE, Aug. 8, 2022 /PRNewswire/ — Superior Enterprise Options Inc., an modern IT options supplier from Florida, USA, with operations within the UAE, Kuwait, Qatar, and Egypt, has change into the principle distributor of Modex’s blockchain-based services within the MENA area and Africa.
SBS’s new partnership with Modex, a number one blockchain options supplier, permits each events to offer cutting-edge companies that can rework the best way information and digital belongings are saved, shared, and managed, offering better transparency and information integrity.
By means of its partnership with Modex, SBS intends to offer probably the most modern options and merchandise with related blockchain-powered functionalities in a number of industries, together with healthcare, companies, and finance. This may permit the 2 firms to seamlessly combine blockchain options with clients’ present information techniques to realize increased operational effectivity, safety, and transparency.
“The blockchain market within the Center East and Africa is predicted to develop from US$ 199 million in 2021 to US$ 7.6 billion by 2028; it’s estimated to register a CAGR of 68.3% from 2021 to 2028,” SBS CEO Adel Youssef famous. “The authorities wants very fast-paced development in sectors like healthcare, banking, telecommunication, logistics, and lots of others, and utilizing blockchain-based options may also help speed up growth throughout these sectors.”
Mihai Ivascu, CEO and Co-founder of Modex, said: “Given their expertise and know-how with native and regional firms, appointing Superior Enterprise Options as our major distributor within the MENA area and Africa was a logical determination. Due to this settlement, Modex will attain much more clients in these components of the world, offering blockchain-based options which can be completely tailor-made to their enterprise wants.”
Blockchain-as-a-Service market alternative
In accordance with Fortune Enterprise Insights, the worldwide Blockchain-as-a-Service (BaaS) market measurement was US$ 1.9 billion in 2019 and is predicted to succeed in USD 24.9 billion by 2027, increasing at a CAGR of 39.5%. “Rising adoption of blockchain-as-a-service (BaaS) instruments and companies amongst small and medium enterprises to construct their blockchain utility, good contracts, and fee techniques is predicted to drive market development through the forecast interval,” says the report. On this context, firms of all sizes are wanting into methods to entry some great benefits of BaaS companies, corresponding to good decentralization, information immutability and integrity, excessive effectivity, cost-effectiveness, and powerful safety.
Modex Ledger DB: enterprise-grade BaaS
With Modex Ledger DB, an enterprise-grade platform constructed on the highest of the Blockchain Database® (BCDB) answer, Modex is constructing related software program functions to serve particular industries and use circumstances, which might be tailored and customised for every enterprise primarily based on a versatile subscription-based mannequin.
Modex Ledger DB brings a set of options that facilitate the speedy adoption of blockchain know-how throughout each vertical and make the deployment course of as seamless as attainable. It permits companies to work together with this know-how in a simplified method whereas providing the required assist to make sure environment friendly and sensible performance. Moreover, it has been designed with enterprise functionalities in thoughts to fulfill probably the most rigorous necessities for scalable, production-ready networks that combine with legacy enterprise information techniques.
Modex Ledger DB offers end-to-end blockchain-powered companies that may scale up shortly with out interruption, providing excessive safety and stability. The answer is straightforward to deploy and use and offers enhanced administrative options to assist firms construct enterprise-ready blockchain networks.
About Modex
Modex’s extremely expert workforce of round 100 members throughout 4 workplaces – London, Bucharest, Silicon Valley, and Gibraltar – has been working to organize and deploy related software program functions on prime of our Blockchain-as-a-Service answer that may assist a variety of use circumstances and facilitate the seamless integration of blockchain know-how into enterprise-level services.
About SBS
SBS’s workforce of execs is scalable to necessities to offer design, construct, and combine a number of and different good options whether or not for enterprise or healthcare that serve totally different sectors (administrative, scientific, and monetary) for giant and federal authorities ranges in The MENA Area and Africa to empowers companies to handle their day by day capabilities easily and successfully.
Media Contact: Adel Youssef, [email protected], +971-04 427 7705, http://www.sbs-me.com/
Photograph – https://mma.prnewswire.com/media/1873983/SBS_and_Modex_blockchain.jpg
Emblem – https://mma.prnewswire.com/media/1873984/SBS_Logo.jpg
SOURCE Superior Enterprise Options
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