The phrase "basically based on" is correct and usable in written English.
It is often used to indicate that something is mainly or primarily derived or influenced by something else. Example: The new marketing strategy is basically based on consumer feedback and market research.
MRAM is basically based on memory cells having two magnetic storage elements, one with a fixed magnetic polarity and another with a switchable polarity.
It was basically based on military strategy, military planning.
Basically, based on this tracking, we're taking any theater we can get".
Criteria for selection of kits and devices were basically based on ergonomic and economic evaluation.
So what I found that the essence of business was basically based on voluntary exchange for mutual benefit.
The proposed method is basically based on the prediction of the near-future ground accelerations using maximum-entropy method.
For example, the melodies are more often basically pentatonic (based on a five-tone scale).
Power systems are basically designed based on the (N − 1) criterion.
Senator Tim Scott, Republican of South Carolina, told The Post and Courier of Charleston that Mr. Graham had related Mr. Trump's remarks to him after the meeting, and he called news reports about them "basically accurate" based on that account.
Moreover, the applicability of existing cement concrete models for predicting the behavior of PC was assessed since they are basically phenomenological, based on experimental observation of the cement concrete testing.
However, elastic constants of the yarn except the Young's modulus were difficult to obtain and were basically assigned based on assumptions and approximations in the FE modelling, which caused some inaccuracies.
