Superior Business Solutions, an innovative IT solutions provider from Florida, USA, with operations in the UAE, Kuwait, Qatar, and Egypt, has become the main distributor of Modex’s blockchain-based products and services in the MENA region and Africa.
SBS’s new partnership with Modex, a leading blockchain solutions provider, enables both parties to provide cutting-edge services that will transform the way data and digital assets are stored, shared, and managed, providing greater transparency and data integrity.
SBS hopes to offer the most cutting-edge products and solutions with relevant blockchain-powered abilities in a variety of areas, including healthcare, business, and finance, through its partnership with Modex. This will allow the two companies to seamlessly integrate blockchain solutions with customers’ existing data systems to achieve higher operational efficiency, security, and transparency.
“The blockchain market in the Middle East and Africa is expected to grow from US$ 199 million in 2021 to US$ 7.6 billion by 2028,” SBS CEO Adel Youssef noted.
He added, “The Government needs very fast-paced growth in sectors like healthcare, banking, telecommunication, logistics, and many others, and using blockchain-based solutions can help accelerate development across these sectors.”
Mihai Ivascu, CEO and Co-founder of Modex, also stated, “Given their experience and know-how with local and regional companies, appointing Superior Business Solutions as our main distributor in the MENA region and Africa was a logical decision. Thanks to this agreement, Modex will reach even more customers in these parts of the world, providing blockchain-based solutions that are perfectly tailored to their business needs.”
The features offered by Modex enable the rapid adoption of blockchain technology across all industries and simplify the implementation procedure. It allows businesses to interact with this technology in a simplified manner while offering the necessary support to ensure efficient and practical functionality.
Additionally, it was created with enterprise functionalities in mind to meet the toughest requirements for scalable, production-ready networks that interact with old enterprise data systems.
It also offers end-to-end blockchain-powered services with great security and reliability that can scale up quickly and without interruption. The solution is easy to deploy and use and it provides enhanced administrative features to help companies build enterprise-ready blockchain networks.