Modex partners with UiPath to offer log immutability for RPA robots

DGAP-News: Modex Technologies / Schlagwort(e): Sonstiges/Fonds

Modex partners with UiPath to offer log immutability for RPA robots

19.05.2020 / 10:00

Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

Modex has partnered with UiPath, the leading enterprise Robotic Process

Automation (RPA) software company, to enhance the traceability of operations

involving software robots and improve governance by enabling immutability

for activity logs.

Through this global technological collaboration, Modex Blockchain Database

(BCDB) has been integrated with UiPath Orchestrator through a series of

connectors to enhance the traceability and the auditability of the data

manipulated by software robots through the immutability provided by the

Blockchain Database solution. Modex BCDB improves the security of the data

collected and manipulated by software robots. Once data passes through the

Modex BCDB solution, UiPath Orchestrator beneficiaries can rest assured that

their information can never be tampered with.

Besides immutability, the integration of Modex BCDB with the UiPath

Orchestrator will streamline log access security by introducing

permission-based policies and advanced encryption. Using blockchain

technology, Modex Blockchain Database provides the right alternative for

data security and data protection against ransomware effects, as well as the

right argument for data integrity against any possible litigation. Designed

as an UiPath Orchestrator plug and play logs module, Modex BCDB is a custom,

efficient, and easy to adopt alternative for immutable and secure RPA

activity tracking that seamlessly aligns with the needs of companies that

implement the UiPath Orchestrator to set a foundation for customer success.

UiPath is leading the 'automation first' era - championing a robot for every

person and enabling robots to learn new skills through artificial

intelligence (AI) and machine learning (ML). Through free and open training,

UiPath brings digital era skills to millions of people around the world,

improving business productivity and efficiency, employee engagement, and

customer experience. The company's hyperautomation platform combines the #1

Robotic Process Automation (RPA) solution with a full suite of capabilities,

including process mining and analytics.

"We are happy to welcome the addition of Modex as a UiPath Advanced

Technology Alliance Partner, which supports the integration of UiPath

Orchestrator with Modex's blockchain capabilities," said Bogdan Nedelcov,

Head of Product Alliances. "We expect that the integration will benefit our

joint customers across many sectors, such as banking, healthcare, supply

chain, and beyond. With this innovative integration, they can reap the

benefits that arise from ensuring the immutability of activity logs for

their software robots"

As a middleware software that is agnostic from a database engine and

blockchain perspective, Modex BCDB inserts itself as an additional layer

over the database in which companies store logs. This way clients that

implement UiPath Orchestrator can quickly configure the Modex BCDB solution

to tap into the benefits of blockchain-enabled immutability, creating a

tamper-resistant ecosystem for their logs that offers on-demand data

encryption at the field level, permanent storage on the blockchain for

sensitive data as well as data reconstruction functions.

In an RPA context, log immutability significantly reduces overhead,

streamlines operations, and unlocks new value by enabling log integrity,

streamlined auditing, traceability and record history, and encryption.

"I am delighted that Modex and UiPath have joined forces through this

partnership which brings the full suite of blockchain advantages into the

RPA universe! As a company driven by innovation and with an experienced team

of developers, Modex is proud to collaborate with the global leader in the

RPA space. I strongly believe that this partnership will forge new

opportunities for companies using UiPath's and Modex's innovative tech

solutions", stated Alin Iftemi, Head & Co-founder Modex.

About Modex

Modex, the blockchain database company, innovates thanks to its incredible

team of experts and offers services for the entire blockchain technology

ecosystem. Modex's mission is to spread and facilitate the adoption of

blockchain into society and to solve real-world problems using this

revolutionary technology.

Modex BCDB is a middleware that fuses a blockchain with a database to create

a structure that is easy to use and understand by developers with no prior

knowledge in blockchain development. As a result, any developer who knows

how 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 protection against cyberattacks.

Media Contact: Robert Gherghe

Phone: +40 721 083239

Email: robert@modex.tech

19.05.2020 Veröffentlichung einer Corporate News/Finanznachricht,

übermittelt durch DGAP - ein Service der EQS Group AG.

Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten,

Corporate News/Finanznachrichten und Pressemitteilungen.

Medienarchiv unter http://www.dgap.de

1050287 19.05.2020