Modex joins C5 Capital’s international cyber defence Alliance to support the healthcare sector through COVID-19


Modex, the blockchain database company, is proud to join the Cyber Alliance to Defend our Healthcare, uniting with luminaries in the cybersecurity world to help combat the unprecedented series of cyberattacks that the healthcare sector has experienced in recent months.

C5 Capital, the specialist investment firm that exclusively invests in the secure data ecosystem, including cybersecurity, AI, cloud, and space, first launched the Alliance in March to provide free cybersecurity support to healthcare and research organizations that are already under huge pressure due to the COVID-19 pandemic.

Since launching the Alliance in March, C5 Capital has noted a ten-fold increase in cyberattacks, such as ransomware, on the sector, adding an additional threat to already-overburdened hospitals, clinics, and research facilities.

The World Health Organisation (WHO) recently warned that more than 25,000 email addresses from its organisation and others related to its operations – such as the UK’s National Health Service (NHS) and the National Institutes of Health (NIH) in the US – had been compromised.

Through collective defence, members of the Alliance are working together to protect healthcare workers on the frontline of the epidemic. This work is helping to ensure hospitals and clinics protect their internal systems and databases for patients, healthcare workers, and volunteers. It is also enabling pharmaceutical research and development facilities to safeguard their work while developing a vaccine to fight the COVID-19 virus both safely and efficiently.

Modex is supporting through its software solution – Blockchain Database (BCDB) – entities affected by cyber-attacks during the coronavirus pandemic by ensuring data security and integrity, and near real-time backup. The Modex BCDB infrastructure is suited for all medical units, NGOs, activists, local governments, or organizations that want to implement an extra layer of security to their valuable data, online and offline.  Modex is doing its part by providing its Blockchain Database to healthcare institutions to help negate the impact of ransomware attacks, through its blockchain layer.

Other members of the Alliance include ITC Secure, IronNet Cyber Security, Haven Cyber Technologies, Enveil, 4iQ, Blue Cedar, SAPNS2, Modex, Telos, OneVinn, Trustar, Privitar, Cynamics, SOSA / The Global Cyber Centre and Klaatu IT Security.

Andre Pienaar, Founder, C5 Capital said: “We’re hugely grateful to have the support of Modex and welcome them to the Alliance. With many of the world’s leading cybersecurity experts now contributing their services and knowledge for free we have a powerful united front to combat cyber threats to global health organizations when they are already under immense strain as a result of this terrible pandemic.”

Mihai Ivascu, CEO & Co-founder, Modex said: “People might come to recognize that technological threats are existential, and therefore require an increasing cooperation. Adopting a sense of pragmatic intelligence in the cybersecurity industry, we would develop a coordinated response for protecting the healthcare systems all around the globe. We all know that healthcare units have been pressured constantly over the past weeks, losing not only lives in the fight against COVID – 19, but also valuable data and being subject to ransomware attacks. Our medical system is the target of an unfair and criminal war, and only through our combined efforts in the cybersecurity field, we will be able to help and to protect it from malicious attacks. For Modex it’s a big honour, but also a responsibility to be part of the C5 Cybersecurity Alliance. We joined with our Blockchain Database software solution to offer the powerful protection needed by every medical unit to safeguard against ransomware attacks. Our infrastructure enables centralized legacy systems, commonly used in healthcare, to become distributed systems, resistant to ransomware and other cybersecurity threats”.

For more information, visit https://www.c5capital.com/cyber-alliance/

For more details on how to join the Alliance, whether as a technology company or as a healthcare organization in need of support, please contact philanthropy@c5capital.com

About C5 Capital

C5 Capital Limited (C5) is a global specialist investment firm that exclusively invests in the secure data ecosystem including cybersecurity, cloud infrastructure, and applied data analytics. The firm is dedicated to nurturing a secure digital future and our investment strategy is based on an approach of building long-term relationships with innovative companies that share in our mission. www.c5capital.com.

src : https://modex.tech/modex-joins-c5-capitals-international-cyber-defence-alliance-to-support-the-healthcare-sector-through-covid-19/

Alin Iftemi, Head of Business & Co-founder Modex: We’ll continue to deliver innovative technologies for enterprises


https://modex.tech/alin-iftemi-head-of-business-co-founder-modex-we-will-continue-to-deliver-innovative-technologies-for-enterprises/

Hello,

As we've said already, the price is not a definitive indicator. There are a number of projects that have acted objectively fraudulently and their price is still increasing. How would you explain this phenomenon?

I don't want to dismiss your frustration, your views are as valid as any other community member's. However, we achieve nothing by going back in time and keep discussing past events. After all, the majority of the community supported the BRI and voted in favor. If you really care and want to change things, you'll have to actively participate and engage. Initiate polls and vote, even if the process is not perfect yet, we're getting there, one step/vote at a time.

Best regards,
The AE Team

Just read how the structures and procedures should work:
source: https://decentraland.org/blog/announcements/decentraland-next-steps-for-2020/

They first created DAO and then Foundation for those functions that cannot be practically fulfilled by the DAO.

The Foundation is an independent body, free of control from the original founding team of Decentraland. The Foundation will hold property rights over Decentraland’s intellectual property, trademarks, web domains, open source repositories and social media accounts, among other assets, which the DAO, lacking formal legal status, cannot hold.
The ultimate goal is for the DAO to be a tool to collectively decide on all the economically relevant parameters of the project.

Voting system Decentraland uses is located here: https://mainnet.aragon.org/#/dcl.eth/

Aeternity is ignoring it. There is no DAO, voting is flawed, no privacy (I mean currently you force using base app which is a mobile-only web app), no binding procedures, no BRI funds control.

I think for now development is more important than listing on the exchange, even though BUZZSHOW is widely listed on the exchange but the development is very slow so the holder will hesitate and prefer to sell tokens and then move to other more active projects.

James Healey, Chair of M3 Holdings: "MODEX tokens are rubbish and have no value to that fact and their CEO is a scamer"


James Healey is not only an experienced businessman and investor, but also an individual passionate about new technologies and innovative products and services. We spoke with James, Chairman of the Board at M3 Holdings, the company which owns Modex, about the company’s achievements, what lies ahead and the significant institutional investment round from US institutional investors.

Starting with the early years: your childhood, high school, University. Which is the environment you grew up in and how did it shape your personality?

I’m originally from San Francisco and grew up in a single parent household, with very limited financial resources. This taught me to be very resourceful at an early age, to learn how to best manage the finances I had and how to prioritize things. Although I didn’t fully realize it back then, this self-discipline I adhered to would prove useful later on in my life, helping me make the right decisions at the right time.

How did your career in the business world start? Tell us about the journey, which successful projects you undertook and also which challenges you had to overcome.

My first job was at the age of 13 with the San Francisco Chronicle delivering newspapers. While attending Abraham Lincoln Highschool I worked for a large retail company, which was eventually merged with Macy’s. There, I sold sporting goods, including firearms and other general merchandise. After graduating, I entered their management training program while I was attending the College of San Mateo, majoring in aeronautics. When I graduated, I had a fresh commercial pilot license and a flight instructor certificate. I was hired by a Cessna dealership in Santa Rosa and in addition to instructing, I also became a charter plot.

Later, I joined Golden Technology, a tech company in Santa Clara, as assistant to the president and chief pilot. After a disastrous fire that destroyed our production facility, we closed the company and I left for Europe, where I attended the University of Heidelberg and later joined a German company selling corporate aircraft in Europe. Later, I was headhunted and joined the Cessna Aircraft Company, eventually becoming Director of Sales for Europe, Middle East and Africa, based in Belgium. After several years, I was again headhunted and joined Gulfstream Aerospace as Vice President International Sales, based in Monaco. After several years, I recognized a niche in the market and formed Jet Alliance International, a Monaco based business jet brokerage company.





Mihai Ivascu, Modex CEO and Founder (left), and James Healey, Chairman of the Board, M3 Holdings (right). Photo: Adrian Varzaru.

Let’s speak also about your extensive experience as an investor: when did you start investing in companies, what made you do that?

I started investing in companies at an early age, as soon as I had enough free cash flow. First in aeronautical related companies – aviation is one of my passions, and later in tech companies. I always thought that tech companies were cool as they have that special factor which sets them apart from others players on the market. Maybe it was because of the innovation factor, because of their drive to push the technological barriers even further and come up with new products and services which, ultimately, would improve our lives, our daily routine and the society we live in.

What are you looking for when you’re deciding to invest in a start-up or company? Which qualities are important for you?

I became an angel investor more than 10 years ago. Whenever I decide to invest in a start-up, a particular company or a special project, I do a thorough analysis of what it has to offer and how can the end-result bring added value. Besides that, what I value the most is the quality of the management team and the business plan.

Why did you decide to become a M3 Holdings board member? What do you appreciate the most about this company, its people and products?

My business partner and I had a meeting with Mihai Ivascu, a young Romanian entrepreneur, 5 years ago who was just finishing his MBA at the International University of Monaco. He was very impressive and had a novel idea, with a good business plan. I took an immediate interest and eventually joined the Board to provide additional support. I liked Mihai’s drive and passion for creating innovative products and services – such as Moneymailme, money transfer and chat app, and Modex, the blockchain database company – which bring advantages not only to individuals and end-users, but also to small / medium enterprises and large companies.




How do you see Modex BCDB, which brings several world-firsts to the market? How would you describe it to others who don’t know about it yet?

As many of our followers already know, Modex is promoting the adoption of blockchain technology and strongly believes in a future built around technology, offering fully integrated services designed to solve the last mile adoption problem of the blockchain. In over two years, using cutting-edge technologies and with a clear strategy, Modex has evolved from the world’s first app store for blockchain into a complex ecosystem designed for developers’ needs and enterprises looking for blockchain solutions.

The Modex BCDB (Blockchain Database) project came along later, but has grown tremendously and now provides a turn-key solution to all types of companies that want to provide additional security for their data. Modex BCDB is a middleware that fuses a blockchain with a database to create a structure which is easy to use and understand by developers with no prior knowledge in blockchain development. As a result, any developer who knows to work with a database system can operate with our solution, without needing to change their programming style or learn blockchain. For enterprises, Modex BCDB translates into enhanced data security, secure data sharing, streamlining of operations and maximum protection against cyber-attacks.

Speaking about blockchain and blockchain-based solutions, where do you see the industry in 5 years time as compared to now?

Although I am one of the first graduates of the Modex Academy (more on this, below), I am not an expert, but from what I’ve learned from the experts, blockchain technology is poised to revolutionize the data protection industry! Coming back to the Academy, this is a remarkable step that Modex took in order to contribute to the educational process and to promote the mainstream adoption of blockchain. If you’re passionate about blockchain, but didn’t have time to complete a dedicated course, the moment is now! You can take the Modex Academy online course and become a Blockchain Business Analyst. The course helps students build a better understanding of blockchain technology and how it can impact the business sector and society as a whole. Those taking the course embark on a learning journey, where they are introduced gradually to key concepts of blockchain technology, cryptocurrency, smart contracts and the complex processes that run in the background of this technology.

How big is the potential of blockchain, apart from the industries already disrupted until now?

It’s too soon to tell, but the sky’s the limit. I believe that blockchain technology has enormous potential to enhance the way that individuals, governments and businesses interact, by enhancing trust between entities and improving the efficiency of operations. Distributed technologies permeate economic activities and public services at large. Their importance as a driver of growth in the global economy will continue to increase.




Moving on to FinTech… Do you believe in cashless societies? Are we there yet? If not, how many years should pass until we get there?

It is definitely the wave of the future. The way technology is moving, I believe within 10 years the vast majority of transactions will be cashless.

Will cash become obsolete one day? Or it will still be around, albeit in a small percentage, just like printed newspapers, books and magazines?

Modex is ready to offer technical consultancy and data security to companies, entities and NGOs that support the fight against the on-going
COVID2019 pandemic.


https://modex.tech/modex-joins-the-fight-against-covid-19/

C5 Accelerate Advisory will assist Modex with its expansion into the U.S. market as the London/Bucharest-based company seeks to establish an office in Washington, D.C. to help businesses and municipalities secure their operations through blockchain technology.

With the innovative BCDB (Blockchain Database) product – which brings several firsts to the industry – leading its charge into the US market, Modex seeks to support businesses and municipalities secure their operations against ransomware attacks, protect their data from insider threats, and provide secure data sharing between distributed organizations. The Washington, D.C. office will be Modex’s second U.S. office, following its initial move into Silicon Valley in 2019. Modex has seen great traction in Europe over the last two years, having closed deals with leading companies across multiple industries, and now looks to bring the cost and time-related advantages of blockchain technology to US healthcare, finance, and public sector customers.

Mihai Ivascu, Modex CEO and Founder commented: “I am delighted to announce this partnership with C5 Accelerate Advisory, a valued industry player which will support our evolution in the U.S. market. Developed by leading blockchain professionals, our enterprise solution is a new take on blockchain technology which removes the need to invest resources in blockchain training and facilitates the fast adoption of the technology in businesses. Modex BCDB is able to transform, with minimal changes, any type of database into a decentralized database which holds the same valuable characteristics inherent to blockchain technology – transparency, increased security, data immutability, and integrity – bringing unrivalled advantages to enterprises through data security, and time and cost-related benefits.”

C5 Accelerate Advisory (C5A2) offers bespoke advisory services to private sector clients looking to break into challenging markets. We map, match, pursue, and monitor opportunities on behalf of our clients, continuously working to position them for success through thought-leadership engagements and targeted media strategies.

Daniel Dammann, Director of C5A2: “We are delighted to assist Modex with its expansion into the U.S. market bringing cutting-edge technologies to critical industries. Our team looks forward to building on Modex’ early success in Europe to expand into U.S. industries that stand to gain immensely from their BCDB solution. C5A2 is uniquely positioned to assist Modex with this expansion. Leveraging C5’s global, cross-industry networks and deep experience in U.S. public and private sector business development, the sky is the limit as to what Modex can achieve in the next couple of years.”

About C5 Accelerate

C5 Accelerate (C5A), of which C5A2 is a part, is a start-up accelerator enabling a secure digital future by accelerating world-class teams and technologies through its global business accelerator program based in Washington, D.C. We work with entrepreneurs to build a secure digital future while providing a turnkey solution to companies looking to provide their innovations to the frontlines of national defence.

C5A and C5A2 are both part of the C5 Group headed by C5 Capital, an investment firm that exclusively focuses on cybersecurity, space, artificial intelligence, and cloud-enabled technologies.


src : https://modex.tech/c5-accelerate-advisory-partners-with-modex-on-the-us-market/

tw : https://twitter.com/modex_tech/status/1237646912226017280

I read your reply before this one, this is news what you mean by good things?

I am a MODEX holder, there was indeed a price increase from yesterday around 3%, I just think this is the effect of the increase in BTC prices after being down to 9600 USD.

The trading volume very low on hotbit, and before the volume goes up don't expect prices to go up.

I talked to the team "private chat"
There is news about price and liquidity soon, but I don't know exactly when
I am waiting
I don't have the option "I have to wait"

They are active only on some conferences, events etc. But I don't see any progress in development. And when is their token trading? I don't see this on CMC (no one exchange is not displayed)