From the dichotomy nonlocality vs which is the consequence of Bell Inequalities (BI) we shall choose the non-realism. We shall present here the modified Quantum Mechanics (modQM) in the axiomatic form. ModQM was introduced in [5] and we shall show its non-realism in the description of an internal measurement process. ModQM allows the restoration of locality, since BI cannot be derived in it. In modQM it is possible to solve: the measurement problem, the collapse problem, the problem of a local model for EPR correlations (see[5]). ModQM is a unique explicit realization of non-realism in QM. ModQM should be preferred as an alternative to the standard QM mainly since it restores the locality.
We attempt to pull together various lines of research whose ultimate conclusion points to the actual ``locality'' of Quantum Mechanics (QM). We note that just as John Bell discovered various errors in previous ``proofs'' of the completeness of QM, he made an error of his own in deriving the ``non-locality'' of QM. We show that QM satisfies the correct locality bound for non-commuting variables -- and is therefore local for 2 or more particles. We further show that the entangled wavefunctions that produce non-local de-Broglie-Bohm guidance equations are an artifact of First Quantization, and that the wavefunctions describing such experiments do factorize in Second Quantization (QED).