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 <[email protected]> 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, <[email protected]> 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 <[email protected]> >> 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 (<[email protected]>) >>> 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 <[email protected]> >>>> wrote: >>>> >>>>> >>>>> >>>>> > On 15-Jan-2021, at 10:04 PM, Paul Aphivantrakul < >>>>> [email protected]> 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. >>> >>
