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E89: Building the Open Source Financial Cloud with Formance

Open Source Startup Podcast

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The Importance of Using a Simple SQL Database

I think most people I've seen building very simple financial apps or you know any sort of like money tracking they just simply use a SQL database like a Postgres, you know. Simple dual your own transactions around it obviously that's kind of like a poor man solution but what's the biggest difference of using a simple database versus now using Foreman's a ledger? We actually ourselves use pastress as a storage back end we just make it as transparent as possible and use it in a way that is common to actually fit the model. There are two main groups of users of formats there's the fintechs and platforms so we'd like detail on what the like who kind of all falls

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