You are viewing a plain text version of this content. The canonical link for it is here.
Posted to dev@fineract.apache.org by Paul Aphivantrakul <ap...@gmail.com> on 2021/01/15 16:34:42 UTC
Start with Fineract 1.x or Fineract CN?
Hello,
To a newcomer doing a fintech startup, does the community recommend
starting with the Fineract 1.x software or the Fineract CN software? I
would say that to me, security and maturity of the software are more
important than having a large and rich set of features as my startup will
likely focus on offering a limited set of financial services at the
beginning. I have also noticed that there is a lot more documentation for
Fineract 1.x and also a lot more developers contributing to the Fineract
1.x repository than on the Fineract CN repository. At this point, I am
leaning more towards using Fineract 1.x, but I also like the modular aspect
of Fineract CN.
Thank you,
Paul
Re: Start with Fineract 1.x or Fineract CN?
Posted by Giorgio Zoppi <gi...@gmail.com>.
Hello Paul,
i have always had the strong feeling that fineract-cn needs a rewrite.
There is an effort to rewrite in https://github.com/muellners/finscale-API.
From my side i have just started a project in Go (
https://github.com/giorgiozoppi/neobank-scale) that aims to provide a
better backend for our https://github.com/openMF/digital-bank-ui Digital
Bank UI maintaining the same api,
because i strongly believe that *less is more*. Java projects tend to be
overengineered and Spring Boot is too heavy memory consuming (
https://micronaut.io/blog/2020-04-07-micronaut-vs-quarkus-vs-spring-boot-performance-jdk-14.html
)
My plan is to use less code possible while maintaining the same api and
using more serverless and aws code possible.
So for a startup at the moment, I will opt for Fineract 1.x. However we had
recently in a project in Mexico, success with fineract-cn, maybe the people
involved can help you better.
Best Regards,
Giorgio
Re: Start with Fineract 1.x or Fineract CN?
Posted by Michael Vorburger <mi...@vorburger.ch>.
Giancarlo, re. "Is there a fork of fineract 1.x that is actively
developed?" : Fineract 1.x *IS* actively maintained, on
https://github.com/apache/fineract - in the sense that there are active
maintainers reviewing new contributions from parties interested in seeing
it thrive, ready to invite new committers if anyone worthwhile emerges,
etc. That is the open source way. It does NOT mean "free as in beer", if
you know what I mean (otherwise, look it up online). Some people
unfortunately are sometimes a little confused about how this all really
works... ;-) Forks away from the main project only serve the 1 forked party
instead of the overall community, and do not contribute to the project.
On Sat, 16 Jan 2021, 13:31 Saransh Sharma, <sa...@muellners.com> wrote:
> There are many forks out there , not sure if they have made any changes
> outside of what fineract does.
>
>
>
> On Sat, Jan 16, 2021 at 4:49 PM Giancarlo Angulo <ig...@gmail.com>
> wrote:
>
>> Is there a fork of fineract 1.x that is actively developed?
>>
>>
>> ================================
>> Giancarlo Angulo
>> www.onthe8spot.com
>> ================================
>>
>>
>> On Sat, Jan 16, 2021 at 6:00 PM Saransh Sharma <sa...@muellners.org>
>> wrote:
>>
>>>
>>>
>>> > On 15-Jan-2021, at 10:04 PM, Paul Aphivantrakul <
>>> aphivantrakul@gmail.com> wrote:
>>> >
>>> > Hello,
>>> >
>>> > To a newcomer doing a fintech startup, does the community recommend
>>> starting with the Fineract 1.x software or the Fineract CN software? I
>>> would say that to me, security and maturity of the software are more
>>> important than having a large and rich set of features as my startup will
>>> likely focus on offering a limited set of financial services at the
>>> beginning. I have also noticed that there is a lot more documentation for
>>> Fineract 1.x and also a lot more developers contributing to the Fineract
>>> 1.x repository than on the Fineract CN repository. At this point, I am
>>> leaning more towards using Fineract 1.x, but I also like the modular aspect
>>> of Fineract CN.
>>> >
>>> > Thank you,
>>> >
>>> > Paul
>>>
>>> Hey Paul, its fair to say Fineract CN is dead , the one who will say
>>> that its not are promoting invalid information, I would nothing on facts
>>> but just talks.
>>>
>>> We have started the work over migrating these service keeping in mind
>>> for inbuilt security with key focus on developer ready.
>>>
>>> The key idea is that any FI could develop in any lang or framework can
>>> utilise the today framework like we have in built consensus layer that
>>> keeps the data consistency in place.
>>>
>>> Its easier for payment rails to utilise such logs that are immutable.
>>>
>>> Yeah I think Fineract 1.x is there its more solid then Fineract CN .
>>>
>>> If you wish to have more discussion around technology that works for
>>> practical use case reach out to me.
>>>
>>> Thanks
>>
>>
>
> --
>
> Saransh Sharma
> *Research Partner*
> *Muellner Internet Pvt Ltd *
>
>
> ----------------------------------------------------------------------------------------------
>
> The idea of separation of me and you is amazing.
>
> ----------------------------------------------------------------------------------------------
> *Company Website <https://www.muellners.com/> **Company Linkedin
> <https://www.linkedin.com/company/muellners> *Company Facebook
> <https://www.facebook.com/muellners>
>
> This mail is governed by Muellner® Internet Private Limited's IT policy.
> The information contained in this e-mail and any accompanying documents
> may contain information that is confidential or otherwise protected from
> disclosure. If you are not the intended recipient of this message, or if
> this message has been addressed to you in error, please immediately alert
> the sender by reply e-mail and then delete this message, including any
> attachments. Any dissemination, distribution or other use of the contents
> of this message by anyone other than the intended recipient is strictly
> prohibited. All messages sent to and from this e-mail address may be
> monitored as permitted by applicable law and regulations to ensure
> compliance with our internal policies and to protect our business. E-mails
> are not secure and cannot be guaranteed to be error free as they can be
> intercepted, amended, lost or destroyed, or contain viruses. You are deemed
> to have accepted these risks if you communicate with us by e-mail.
>
Re: Start with Fineract 1.x or Fineract CN?
Posted by Saransh Sharma <sa...@muellners.com>.
There are many forks out there , not sure if they have made any changes
outside of what fineract does.
On Sat, Jan 16, 2021 at 4:49 PM Giancarlo Angulo <ig...@gmail.com>
wrote:
> Is there a fork of fineract 1.x that is actively developed?
>
>
> ================================
> Giancarlo Angulo
> www.onthe8spot.com
> ================================
>
>
> On Sat, Jan 16, 2021 at 6:00 PM Saransh Sharma <sa...@muellners.org>
> wrote:
>
>>
>>
>> > On 15-Jan-2021, at 10:04 PM, Paul Aphivantrakul <
>> aphivantrakul@gmail.com> wrote:
>> >
>> > Hello,
>> >
>> > To a newcomer doing a fintech startup, does the community recommend
>> starting with the Fineract 1.x software or the Fineract CN software? I
>> would say that to me, security and maturity of the software are more
>> important than having a large and rich set of features as my startup will
>> likely focus on offering a limited set of financial services at the
>> beginning. I have also noticed that there is a lot more documentation for
>> Fineract 1.x and also a lot more developers contributing to the Fineract
>> 1.x repository than on the Fineract CN repository. At this point, I am
>> leaning more towards using Fineract 1.x, but I also like the modular aspect
>> of Fineract CN.
>> >
>> > Thank you,
>> >
>> > Paul
>>
>> Hey Paul, its fair to say Fineract CN is dead , the one who will say that
>> its not are promoting invalid information, I would nothing on facts but
>> just talks.
>>
>> We have started the work over migrating these service keeping in mind for
>> inbuilt security with key focus on developer ready.
>>
>> The key idea is that any FI could develop in any lang or framework can
>> utilise the today framework like we have in built consensus layer that
>> keeps the data consistency in place.
>>
>> Its easier for payment rails to utilise such logs that are immutable.
>>
>> Yeah I think Fineract 1.x is there its more solid then Fineract CN .
>>
>> If you wish to have more discussion around technology that works for
>> practical use case reach out to me.
>>
>> Thanks
>
>
--
Saransh Sharma
*Research Partner*
*Muellner Internet Pvt Ltd *
----------------------------------------------------------------------------------------------
The idea of separation of me and you is amazing.
----------------------------------------------------------------------------------------------
*Company Website <https://www.muellners.com/> **Company Linkedin
<https://www.linkedin.com/company/muellners> *Company Facebook
<https://www.facebook.com/muellners>
This mail is governed by Muellner® Internet Private Limited's IT policy.
The information contained in this e-mail and any accompanying documents may
contain information that is confidential or otherwise protected from
disclosure. If you are not the intended recipient of this message, or if
this message has been addressed to you in error, please immediately alert
the sender by reply e-mail and then delete this message, including any
attachments. Any dissemination, distribution or other use of the contents
of this message by anyone other than the intended recipient is strictly
prohibited. All messages sent to and from this e-mail address may be
monitored as permitted by applicable law and regulations to ensure
compliance with our internal policies and to protect our business. E-mails
are not secure and cannot be guaranteed to be error free as they can be
intercepted, amended, lost or destroyed, or contain viruses. You are deemed
to have accepted these risks if you communicate with us by e-mail.
Re: Start with Fineract 1.x or Fineract CN?
Posted by Paul Aphivantrakul <ap...@gmail.com>.
Thank you everyone for your responses.
Paul
> On Jan 16, 2021, at 10:23 PM, Giancarlo Angulo <ig...@gmail.com> wrote:
>
>
> Thank you for the information. will study with care.
>
> Thanks
> ================================
> Giancarlo Angulo
> www.onthe8spot.com
> ================================
>
>
>> On Sat, Jan 16, 2021 at 10:47 PM Ankit Muellner <an...@muellners.org> wrote:
>> Hey Giancarlo,
>>
>> The decision analysis over Fineract 1.x and CN is routinely asked by our client case studies at Muellners. There is relevant information over this analysis, that our research team did. https://docs.fineract.net/fineract-versions/fineract-1.x-vs-fineract-cn
>>
>> >>Fineract 1.x is a mature platform (matured since 2018 releases for sure) being maintained by members of this community. Apache Fineract 1.x & CN are the only platforms that this community endorses. The documentation and GitHub repos are maintained by Apache FSF. One is mature while other is pre-release.
>>
>> https://github.com/apache/fineract
>>
>> Notably, it's a great strategy to START with Fineract 1.x as it can highlight features using the Mifos X client Web app.
>>
>> However,
>> 1. Your Gap analysis should bring clarity for you as each implementation has a distinctive character.
>> 2. You should take this decision based on factors guiding the transformation efforts & objectives, (that your MFI client has) and your own technical understanding of both versions' design principles.
>>
>> Note: I have observed many FIs having great difficulty in upgrading their Fineract services if a versioning plan is not in place during the implementation's foundation steps. This usually happens when Fineract is not the core platform and only handles a few IT components of a bank or MFI. E.g if your MFI is into lending, and you plan to use only lending management on Fineract while Loan origination is on a different platform. In this example, your implementation will face difficulty over both the short and the long term.
>>
>> If you decide to evaluate CN (say you have a 1-2 year plan in place):
>> >> As Saransh pointed, community efforts on CN are practically non-existent currently. Then you can look for promoting development on CN.
>> >> As Georgia pointed out, there is a significant improvement event under the title Finscale. This event started as a possible upgrade off Fineract CN last year, was presented at Apache Con 2020, and has become a lot more now. You should reach out to Saransh for more information on this.
>>
>> Hope this helps.
>>
>>
>>> On Sat, 16 Jan 2021, 14:47 Giancarlo Angulo, <ig...@gmail.com> wrote:
>>> Thank you for your response.
>>>
>>> I am still studying the codebase.
>>>
>>> I am helping a friend out with a cooperative/microfinance company he is involved with.
>>>
>>> found Mifos and am currently exploring local configuration for our country and the institution type.
>>>
>>> I hope I can contribute to the code base in the future.
>>>
>>> Regards
>>>
>>>
>>> ================================
>>> Giancarlo Angulo
>>> www.onthe8spot.com
>>> ================================
>>>
>>>
>>>> On Sat, Jan 16, 2021 at 9:36 PM Giorgio Zoppi <gi...@gmail.com> wrote:
>>>> Giancarlo,
>>>> Fineract 1.x is the best option that you have.
>>>> https://github.com/apache/fineract
>>>> Correctly maintained ad deployed in production.
>>>> Best Regards,
>>>> Giorgio.
>>>>
>>>>
>>>>> El sáb, 16 ene 2021 a las 12:19, Giancarlo Angulo (<ig...@gmail.com>) escribió:
>>>>> Is there a fork of fineract 1.x that is actively developed?
>>>>>
>>>>>
>>>>> ================================
>>>>> Giancarlo Angulo
>>>>> www.onthe8spot.com
>>>>> ================================
>>>>>
>>>>>
>>>>>> On Sat, Jan 16, 2021 at 6:00 PM Saransh Sharma <sa...@muellners.org> wrote:
>>>>>>
>>>>>>
>>>>>> > On 15-Jan-2021, at 10:04 PM, Paul Aphivantrakul <ap...@gmail.com> wrote:
>>>>>> >
>>>>>> > Hello,
>>>>>> >
>>>>>> > To a newcomer doing a fintech startup, does the community recommend starting with the Fineract 1.x software or the Fineract CN software? I would say that to me, security and maturity of the software are more important than having a large and rich set of features as my startup will likely focus on offering a limited set of financial services at the beginning. I have also noticed that there is a lot more documentation for Fineract 1.x and also a lot more developers contributing to the Fineract 1.x repository than on the Fineract CN repository. At this point, I am leaning more towards using Fineract 1.x, but I also like the modular aspect of Fineract CN.
>>>>>> >
>>>>>> > Thank you,
>>>>>> >
>>>>>> > Paul
>>>>>>
>>>>>> Hey Paul, its fair to say Fineract CN is dead , the one who will say that its not are promoting invalid information, I would nothing on facts but just talks.
>>>>>>
>>>>>> We have started the work over migrating these service keeping in mind for inbuilt security with key focus on developer ready.
>>>>>>
>>>>>> The key idea is that any FI could develop in any lang or framework can utilise the today framework like we have in built consensus layer that keeps the data consistency in place.
>>>>>>
>>>>>> Its easier for payment rails to utilise such logs that are immutable.
>>>>>>
>>>>>> Yeah I think Fineract 1.x is there its more solid then Fineract CN .
>>>>>>
>>>>>> If you wish to have more discussion around technology that works for practical use case reach out to me.
>>>>>>
>>>>>> Thanks
>>>>
>>>>
>>>> --
>>>> Life is a chess game - Anonymous.
Re: Start with Fineract 1.x or Fineract CN?
Posted by Giancarlo Angulo <ig...@gmail.com>.
Thank you for the information. will study with care.
Thanks
================================
Giancarlo Angulo
www.onthe8spot.com
================================
On Sat, Jan 16, 2021 at 10:47 PM Ankit Muellner <an...@muellners.org> wrote:
> Hey Giancarlo,
>
> The decision analysis over Fineract 1.x and CN is routinely asked by our
> client case studies at Muellners. There is relevant information over this
> analysis, that our research team did.
> https://docs.fineract.net/fineract-versions/fineract-1.x-vs-fineract-cn
>
> >>Fineract 1.x is a mature platform (matured since 2018 releases for sure)
> being maintained by members of this community. Apache Fineract 1.x & CN are
> the only platforms that this community endorses. The documentation and
> GitHub repos are maintained by Apache FSF. One is mature while other is
> pre-release.
>
> https://github.com/apache/fineract
>
> Notably, it's a great strategy to START with Fineract 1.x as it can
> highlight features using the Mifos X client Web app.
>
> However,
> 1. Your Gap analysis should bring clarity for you as each implementation
> has a distinctive character.
> 2. You should take this decision based on factors guiding the
> transformation efforts & objectives, (that your MFI client has) and your
> own technical understanding of both versions' design principles.
>
> Note: I have observed many FIs having great difficulty in upgrading their
> Fineract services if a versioning plan is not in place during the
> implementation's foundation steps. This usually happens when Fineract is
> not the core platform and only handles a few IT components of a bank or
> MFI. E.g if your MFI is into lending, and you plan to use only lending
> management on Fineract while Loan origination is on a different platform.
> In this example, your implementation will face difficulty over both the
> short and the long term.
>
> If you decide to evaluate CN (say you have a 1-2 year plan in place):
> >> As Saransh pointed, community efforts on CN are practically
> non-existent currently. Then you can look for promoting development on CN.
> >> As Georgia pointed out, there is a significant improvement event under
> the title Finscale. This event started as a possible upgrade off Fineract
> CN last year, was presented at Apache Con 2020, and has become a lot more
> now. You should reach out to Saransh for more information on this.
>
> Hope this helps.
>
>
> On Sat, 16 Jan 2021, 14:47 Giancarlo Angulo, <ig...@gmail.com> wrote:
>
>> Thank you for your response.
>>
>> I am still studying the codebase.
>>
>> I am helping a friend out with a cooperative/microfinance company he is
>> involved with.
>>
>> found Mifos and am currently exploring local configuration for our
>> country and the institution type.
>>
>> I hope I can contribute to the code base in the future.
>>
>> Regards
>>
>>
>> ================================
>> Giancarlo Angulo
>> www.onthe8spot.com
>> ================================
>>
>>
>> On Sat, Jan 16, 2021 at 9:36 PM Giorgio Zoppi <gi...@gmail.com>
>> wrote:
>>
>>> Giancarlo,
>>> Fineract 1.x is the best option that you have.
>>> https://github.com/apache/fineract
>>> Correctly maintained ad deployed in production.
>>> Best Regards,
>>> Giorgio.
>>>
>>>
>>> El sáb, 16 ene 2021 a las 12:19, Giancarlo Angulo (<ig...@gmail.com>)
>>> escribió:
>>>
>>>> Is there a fork of fineract 1.x that is actively developed?
>>>>
>>>>
>>>> ================================
>>>> Giancarlo Angulo
>>>> www.onthe8spot.com
>>>> ================================
>>>>
>>>>
>>>> On Sat, Jan 16, 2021 at 6:00 PM Saransh Sharma <sa...@muellners.org>
>>>> wrote:
>>>>
>>>>>
>>>>>
>>>>> > On 15-Jan-2021, at 10:04 PM, Paul Aphivantrakul <
>>>>> aphivantrakul@gmail.com> wrote:
>>>>> >
>>>>> > Hello,
>>>>> >
>>>>> > To a newcomer doing a fintech startup, does the community recommend
>>>>> starting with the Fineract 1.x software or the Fineract CN software? I
>>>>> would say that to me, security and maturity of the software are more
>>>>> important than having a large and rich set of features as my startup will
>>>>> likely focus on offering a limited set of financial services at the
>>>>> beginning. I have also noticed that there is a lot more documentation for
>>>>> Fineract 1.x and also a lot more developers contributing to the Fineract
>>>>> 1.x repository than on the Fineract CN repository. At this point, I am
>>>>> leaning more towards using Fineract 1.x, but I also like the modular aspect
>>>>> of Fineract CN.
>>>>> >
>>>>> > Thank you,
>>>>> >
>>>>> > Paul
>>>>>
>>>>> Hey Paul, its fair to say Fineract CN is dead , the one who will say
>>>>> that its not are promoting invalid information, I would nothing on facts
>>>>> but just talks.
>>>>>
>>>>> We have started the work over migrating these service keeping in mind
>>>>> for inbuilt security with key focus on developer ready.
>>>>>
>>>>> The key idea is that any FI could develop in any lang or framework can
>>>>> utilise the today framework like we have in built consensus layer that
>>>>> keeps the data consistency in place.
>>>>>
>>>>> Its easier for payment rails to utilise such logs that are immutable.
>>>>>
>>>>> Yeah I think Fineract 1.x is there its more solid then Fineract CN .
>>>>>
>>>>> If you wish to have more discussion around technology that works for
>>>>> practical use case reach out to me.
>>>>>
>>>>> Thanks
>>>>
>>>>
>>>
>>> --
>>> Life is a chess game - Anonymous.
>>>
>>
Re: Start with Fineract 1.x or Fineract CN?
Posted by Ankit Muellner <an...@muellners.org>.
Hey Giancarlo,
The decision analysis over Fineract 1.x and CN is routinely asked by our
client case studies at Muellners. There is relevant information over this
analysis, that our research team did.
https://docs.fineract.net/fineract-versions/fineract-1.x-vs-fineract-cn
>>Fineract 1.x is a mature platform (matured since 2018 releases for sure)
being maintained by members of this community. Apache Fineract 1.x & CN are
the only platforms that this community endorses. The documentation and
GitHub repos are maintained by Apache FSF. One is mature while other is
pre-release.
https://github.com/apache/fineract
Notably, it's a great strategy to START with Fineract 1.x as it can
highlight features using the Mifos X client Web app.
However,
1. Your Gap analysis should bring clarity for you as each implementation
has a distinctive character.
2. You should take this decision based on factors guiding the
transformation efforts & objectives, (that your MFI client has) and your
own technical understanding of both versions' design principles.
Note: I have observed many FIs having great difficulty in upgrading their
Fineract services if a versioning plan is not in place during the
implementation's foundation steps. This usually happens when Fineract is
not the core platform and only handles a few IT components of a bank or
MFI. E.g if your MFI is into lending, and you plan to use only lending
management on Fineract while Loan origination is on a different platform.
In this example, your implementation will face difficulty over both the
short and the long term.
If you decide to evaluate CN (say you have a 1-2 year plan in place):
>> As Saransh pointed, community efforts on CN are practically non-existent
currently. Then you can look for promoting development on CN.
>> As Georgia pointed out, there is a significant improvement event under
the title Finscale. This event started as a possible upgrade off Fineract
CN last year, was presented at Apache Con 2020, and has become a lot more
now. You should reach out to Saransh for more information on this.
Hope this helps.
On Sat, 16 Jan 2021, 14:47 Giancarlo Angulo, <ig...@gmail.com> wrote:
> Thank you for your response.
>
> I am still studying the codebase.
>
> I am helping a friend out with a cooperative/microfinance company he is
> involved with.
>
> found Mifos and am currently exploring local configuration for our country
> and the institution type.
>
> I hope I can contribute to the code base in the future.
>
> Regards
>
>
> ================================
> Giancarlo Angulo
> www.onthe8spot.com
> ================================
>
>
> On Sat, Jan 16, 2021 at 9:36 PM Giorgio Zoppi <gi...@gmail.com>
> wrote:
>
>> Giancarlo,
>> Fineract 1.x is the best option that you have.
>> https://github.com/apache/fineract
>> Correctly maintained ad deployed in production.
>> Best Regards,
>> Giorgio.
>>
>>
>> El sáb, 16 ene 2021 a las 12:19, Giancarlo Angulo (<ig...@gmail.com>)
>> escribió:
>>
>>> Is there a fork of fineract 1.x that is actively developed?
>>>
>>>
>>> ================================
>>> Giancarlo Angulo
>>> www.onthe8spot.com
>>> ================================
>>>
>>>
>>> On Sat, Jan 16, 2021 at 6:00 PM Saransh Sharma <sa...@muellners.org>
>>> wrote:
>>>
>>>>
>>>>
>>>> > On 15-Jan-2021, at 10:04 PM, Paul Aphivantrakul <
>>>> aphivantrakul@gmail.com> wrote:
>>>> >
>>>> > Hello,
>>>> >
>>>> > To a newcomer doing a fintech startup, does the community recommend
>>>> starting with the Fineract 1.x software or the Fineract CN software? I
>>>> would say that to me, security and maturity of the software are more
>>>> important than having a large and rich set of features as my startup will
>>>> likely focus on offering a limited set of financial services at the
>>>> beginning. I have also noticed that there is a lot more documentation for
>>>> Fineract 1.x and also a lot more developers contributing to the Fineract
>>>> 1.x repository than on the Fineract CN repository. At this point, I am
>>>> leaning more towards using Fineract 1.x, but I also like the modular aspect
>>>> of Fineract CN.
>>>> >
>>>> > Thank you,
>>>> >
>>>> > Paul
>>>>
>>>> Hey Paul, its fair to say Fineract CN is dead , the one who will say
>>>> that its not are promoting invalid information, I would nothing on facts
>>>> but just talks.
>>>>
>>>> We have started the work over migrating these service keeping in mind
>>>> for inbuilt security with key focus on developer ready.
>>>>
>>>> The key idea is that any FI could develop in any lang or framework can
>>>> utilise the today framework like we have in built consensus layer that
>>>> keeps the data consistency in place.
>>>>
>>>> Its easier for payment rails to utilise such logs that are immutable.
>>>>
>>>> Yeah I think Fineract 1.x is there its more solid then Fineract CN .
>>>>
>>>> If you wish to have more discussion around technology that works for
>>>> practical use case reach out to me.
>>>>
>>>> Thanks
>>>
>>>
>>
>> --
>> Life is a chess game - Anonymous.
>>
>
Re: Start with Fineract 1.x or Fineract CN?
Posted by Giancarlo Angulo <ig...@gmail.com>.
Thank you for your response.
I am still studying the codebase.
I am helping a friend out with a cooperative/microfinance company he is
involved with.
found Mifos and am currently exploring local configuration for our country
and the institution type.
I hope I can contribute to the code base in the future.
Regards
================================
Giancarlo Angulo
www.onthe8spot.com
================================
On Sat, Jan 16, 2021 at 9:36 PM Giorgio Zoppi <gi...@gmail.com>
wrote:
> Giancarlo,
> Fineract 1.x is the best option that you have.
> https://github.com/apache/fineract
> Correctly maintained ad deployed in production.
> Best Regards,
> Giorgio.
>
>
> El sáb, 16 ene 2021 a las 12:19, Giancarlo Angulo (<ig...@gmail.com>)
> escribió:
>
>> Is there a fork of fineract 1.x that is actively developed?
>>
>>
>> ================================
>> Giancarlo Angulo
>> www.onthe8spot.com
>> ================================
>>
>>
>> On Sat, Jan 16, 2021 at 6:00 PM Saransh Sharma <sa...@muellners.org>
>> wrote:
>>
>>>
>>>
>>> > On 15-Jan-2021, at 10:04 PM, Paul Aphivantrakul <
>>> aphivantrakul@gmail.com> wrote:
>>> >
>>> > Hello,
>>> >
>>> > To a newcomer doing a fintech startup, does the community recommend
>>> starting with the Fineract 1.x software or the Fineract CN software? I
>>> would say that to me, security and maturity of the software are more
>>> important than having a large and rich set of features as my startup will
>>> likely focus on offering a limited set of financial services at the
>>> beginning. I have also noticed that there is a lot more documentation for
>>> Fineract 1.x and also a lot more developers contributing to the Fineract
>>> 1.x repository than on the Fineract CN repository. At this point, I am
>>> leaning more towards using Fineract 1.x, but I also like the modular aspect
>>> of Fineract CN.
>>> >
>>> > Thank you,
>>> >
>>> > Paul
>>>
>>> Hey Paul, its fair to say Fineract CN is dead , the one who will say
>>> that its not are promoting invalid information, I would nothing on facts
>>> but just talks.
>>>
>>> We have started the work over migrating these service keeping in mind
>>> for inbuilt security with key focus on developer ready.
>>>
>>> The key idea is that any FI could develop in any lang or framework can
>>> utilise the today framework like we have in built consensus layer that
>>> keeps the data consistency in place.
>>>
>>> Its easier for payment rails to utilise such logs that are immutable.
>>>
>>> Yeah I think Fineract 1.x is there its more solid then Fineract CN .
>>>
>>> If you wish to have more discussion around technology that works for
>>> practical use case reach out to me.
>>>
>>> Thanks
>>
>>
>
> --
> Life is a chess game - Anonymous.
>
Re: Start with Fineract 1.x or Fineract CN?
Posted by Giorgio Zoppi <gi...@gmail.com>.
Giancarlo,
Fineract 1.x is the best option that you have.
https://github.com/apache/fineract
Correctly maintained ad deployed in production.
Best Regards,
Giorgio.
El sáb, 16 ene 2021 a las 12:19, Giancarlo Angulo (<ig...@gmail.com>)
escribió:
> Is there a fork of fineract 1.x that is actively developed?
>
>
> ================================
> Giancarlo Angulo
> www.onthe8spot.com
> ================================
>
>
> On Sat, Jan 16, 2021 at 6:00 PM Saransh Sharma <sa...@muellners.org>
> wrote:
>
>>
>>
>> > On 15-Jan-2021, at 10:04 PM, Paul Aphivantrakul <
>> aphivantrakul@gmail.com> wrote:
>> >
>> > Hello,
>> >
>> > To a newcomer doing a fintech startup, does the community recommend
>> starting with the Fineract 1.x software or the Fineract CN software? I
>> would say that to me, security and maturity of the software are more
>> important than having a large and rich set of features as my startup will
>> likely focus on offering a limited set of financial services at the
>> beginning. I have also noticed that there is a lot more documentation for
>> Fineract 1.x and also a lot more developers contributing to the Fineract
>> 1.x repository than on the Fineract CN repository. At this point, I am
>> leaning more towards using Fineract 1.x, but I also like the modular aspect
>> of Fineract CN.
>> >
>> > Thank you,
>> >
>> > Paul
>>
>> Hey Paul, its fair to say Fineract CN is dead , the one who will say that
>> its not are promoting invalid information, I would nothing on facts but
>> just talks.
>>
>> We have started the work over migrating these service keeping in mind for
>> inbuilt security with key focus on developer ready.
>>
>> The key idea is that any FI could develop in any lang or framework can
>> utilise the today framework like we have in built consensus layer that
>> keeps the data consistency in place.
>>
>> Its easier for payment rails to utilise such logs that are immutable.
>>
>> Yeah I think Fineract 1.x is there its more solid then Fineract CN .
>>
>> If you wish to have more discussion around technology that works for
>> practical use case reach out to me.
>>
>> Thanks
>
>
--
Life is a chess game - Anonymous.
Re: Start with Fineract 1.x or Fineract CN?
Posted by Giancarlo Angulo <ig...@gmail.com>.
Is there a fork of fineract 1.x that is actively developed?
================================
Giancarlo Angulo
www.onthe8spot.com
================================
On Sat, Jan 16, 2021 at 6:00 PM Saransh Sharma <sa...@muellners.org>
wrote:
>
>
> > On 15-Jan-2021, at 10:04 PM, Paul Aphivantrakul <ap...@gmail.com>
> wrote:
> >
> > Hello,
> >
> > To a newcomer doing a fintech startup, does the community recommend
> starting with the Fineract 1.x software or the Fineract CN software? I
> would say that to me, security and maturity of the software are more
> important than having a large and rich set of features as my startup will
> likely focus on offering a limited set of financial services at the
> beginning. I have also noticed that there is a lot more documentation for
> Fineract 1.x and also a lot more developers contributing to the Fineract
> 1.x repository than on the Fineract CN repository. At this point, I am
> leaning more towards using Fineract 1.x, but I also like the modular aspect
> of Fineract CN.
> >
> > Thank you,
> >
> > Paul
>
> Hey Paul, its fair to say Fineract CN is dead , the one who will say that
> its not are promoting invalid information, I would nothing on facts but
> just talks.
>
> We have started the work over migrating these service keeping in mind for
> inbuilt security with key focus on developer ready.
>
> The key idea is that any FI could develop in any lang or framework can
> utilise the today framework like we have in built consensus layer that
> keeps the data consistency in place.
>
> Its easier for payment rails to utilise such logs that are immutable.
>
> Yeah I think Fineract 1.x is there its more solid then Fineract CN .
>
> If you wish to have more discussion around technology that works for
> practical use case reach out to me.
>
> Thanks
Re: Start with Fineract 1.x or Fineract CN?
Posted by Saransh Sharma <sa...@muellners.org>.
> On 15-Jan-2021, at 10:04 PM, Paul Aphivantrakul <ap...@gmail.com> wrote:
>
> Hello,
>
> To a newcomer doing a fintech startup, does the community recommend starting with the Fineract 1.x software or the Fineract CN software? I would say that to me, security and maturity of the software are more important than having a large and rich set of features as my startup will likely focus on offering a limited set of financial services at the beginning. I have also noticed that there is a lot more documentation for Fineract 1.x and also a lot more developers contributing to the Fineract 1.x repository than on the Fineract CN repository. At this point, I am leaning more towards using Fineract 1.x, but I also like the modular aspect of Fineract CN.
>
> Thank you,
>
> Paul
Hey Paul, its fair to say Fineract CN is dead , the one who will say that its not are promoting invalid information, I would nothing on facts but just talks.
We have started the work over migrating these service keeping in mind for inbuilt security with key focus on developer ready.
The key idea is that any FI could develop in any lang or framework can utilise the today framework like we have in built consensus layer that keeps the data consistency in place.
Its easier for payment rails to utilise such logs that are immutable.
Yeah I think Fineract 1.x is there its more solid then Fineract CN .
If you wish to have more discussion around technology that works for practical use case reach out to me.
Thanks