The founding Chief Executive Officer (CEO) of the
award-winning social payments app, Moneymailme,
Mihai Ivascu, has unveiled the world's first multi-platform blockchain app
store for smart contracts, tagged Modex,
reports ITRealms.
He made disclosure at the Paris Fintech Forum noting that the
Modex Smart Contract Marketplace is scheduled for a product launch on March 15
timed right before the company's much-awaited ICO.
He also explained that Modex's token pre-sale opened to the
public at the end of January and nearly half of the tokens have been reserved
in the first three days.
Modex is bridging the gap between businesses and developers
in order to accelerate global adoption of blockchain technology. Given the
emerging norm for ‘borderless’ transactions, blockchain's distributed ledger
technology has opened doors for "a new world of data exchange facilitated
through Smart Contracts," stated Mihai Ivascu, group CEO and founder.
"Moneymailme’s Modex Smart Contract Marketplace
supplies the infrastructure needed to integrate blockchain capabilities with
apps like Moneymailme and endless amounts of others," Ivascu told
investors at the Paris Fintech event.
"Our packaging and delivering the platform with our
financial partners who have developed practical uses for the tool in Europe and
the rest of the world is a really exciting feature," he said, stressing
"Modex is a game-changer."
Designed to serve as a central hub for multiple 3rd party
applications and web platforms to plugin with and deploy smart contracts, the
Modex Marketplace incorporates significant advantages for consumer adoption,
enterprise cost savings, developer tools, community trust and engagement, IP
protection, and revenue opportunities for developers, all centered around the
smart contract ecosystem that Modex has created.
The infrastructure has been built on top of the Ethereum
blockchain protocol and has been conceived to incorporate emergent protocols
that also support smart contracts, being one of the first in the industry to do
this. The Modex ICO opens on March 28 and will last for 30 days or until its cap
is reached. The Modex ICO pre-sale is currently accepting contributions from
early bird supporter of the business.
Ayo Midele/GEE
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