Mobilprise Inc., DBA “LexRay”, an operational management mobile platform, has declared the launch of a blockchain initiative for its patented V5 Platform.

As claimed, the blockchain initiative will enhance the LexRay platform that offers a decentralized and secure mobile operations solution for managing operational efficiencies, mission-critical facilities, field personnel, and security systems.

The LexRay Blockchain Initiative is mainly aimed at creating a decentralized marketplace using Ethereum. The platform will connect a suite of enterprise decentralized apps to LexRay’s core platform.

Jim Argiropoulos, President of LexRay, has commented that blockchain technology has enabled LexRay to craft more efficient and secure enterprise business application. He is optimistic that by integrating blockchain with LexRay Mobile Operations Platform will reinforce the company’s goals to improve mobile operations.