From the dichotomy "nonlocality vs non-realism" 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.