>"You do realize the entire banking system is not built with the idea of ACID/transactional databases in mind?" Well, I was referring to payments/transactions, not banking. As I specifically said, we are building a…
We were actually considering MongoDB for our system, given its scalable, high-performance, and open source qualities. However, since we are building a payments platform (specifically, a third party payments aggregator),…
You are absolutely correct. That's one of PayPal's main weaknesses. I am not sure how Stripe is dealing with it; though they probably have to go through a similar screening process, which isn't foolproof. I am a…
I think this issue is very significant these days, with the boom of outsourcing and remote freelance work. For scenarios with no down payment requirement, there's no guarantee the service provider will receive payment…
I actually thought of a similar idea before, while I was meditating in rural Philippines attempting to figure out a viable business idea and trying to avoid a return to the rat race in the US. Unfortunately, the idea…
The competition looks stiff, but I'm rooting for them. Terence Pua, Insync's co-founder, is a seasoned internet entrepreneur -- one of the guys behind Friendster (Philippines) back in the day, before getting killed by…
>"You do realize the entire banking system is not built with the idea of ACID/transactional databases in mind?" Well, I was referring to payments/transactions, not banking. As I specifically said, we are building a…
We were actually considering MongoDB for our system, given its scalable, high-performance, and open source qualities. However, since we are building a payments platform (specifically, a third party payments aggregator),…
You are absolutely correct. That's one of PayPal's main weaknesses. I am not sure how Stripe is dealing with it; though they probably have to go through a similar screening process, which isn't foolproof. I am a…
I think this issue is very significant these days, with the boom of outsourcing and remote freelance work. For scenarios with no down payment requirement, there's no guarantee the service provider will receive payment…
I actually thought of a similar idea before, while I was meditating in rural Philippines attempting to figure out a viable business idea and trying to avoid a return to the rat race in the US. Unfortunately, the idea…
The competition looks stiff, but I'm rooting for them. Terence Pua, Insync's co-founder, is a seasoned internet entrepreneur -- one of the guys behind Friendster (Philippines) back in the day, before getting killed by…