Banking and Blockchain System Development and Prototyping
We prototype, build, monitor and maintain solutions used for payment systems, backend services, digital lending, clearing and settlement services, digital wallets, blockchain, digital custody and digital asset exchanges by companies including Klarna, Vocalink (Mastercard), Visa, Danske Bank, Safaricom and Bloomberg.
Erlang is a programming language designed to build massively scalable, soft real-time and distributed systems that require high availability. Elixir is a programming language that runs on the BEAM virtual machine — the same VM as Erlang — and can be adopted throughout the entire tech stack.
Quicker updates, less physical infrastructure, higher uptime
Erlang is a programming language designed with high availability in mind. It’s used to build massively scalable soft real-time systems with requirements on high availability. As a result, it is the best programming language to solve many of today’s computing problems.
If you have a system that handles large amounts of concurrent users, adopting Erlang can help you significantly reduce your lines of code and increase your scalability simultaneously. The result is less vulnerabilities, an easier system to maintain, reduced physical infrastructure and more users with higher system uptime.
As programming languages originally designed for the telecoms industry where fault-tolerance and reliability are essential, Erlang and Elixir are the right tools for the job for many fintech use cases.
Elixir has the scalability and concurrency of Erlang with the user-friendly syntax of Ruby.
Many of the world’s largest banking, e-commerce and fintech companies depend on these technologies to power their systems such as Klarna, SumUp and SolarisBank.