This is a ported version of the layout Modern World designed by Solucija. Its a 2 column layout with left sidebar and as name say it portrays a modern layout for blog designs.
I personally love the design and feels its perfect for more content-oriented , personal or business blogs.
Permalink for theme : http://www.kaushalsheth.com/modern-world-wordpress-theme-released/
To see it in action you can select the themes in my wordpress demo theme viewer
For more themes visit my Themes page.