Blockchain technology promotes decentralisation with no scope for errors. In fact, transactions carried out on this platform are absolutely secured, transparent with no extra fees or costs involved. The usage of this technology ensures that no activities are tampered at all.

A large number of people prefer to go with open sourcing because of the availability of blockchain community.

Blockchain on Opensource
When we say, “Open Source”, it defines a software or computer code which allows blockchain to collaborate and also bring transparency to financial transactions. The best part is that the software is freely shared and published which enables more than one party to make most out of this amazing platform. Remember, any individual company or person does not have the authority to own or sell the source.

Most of you might have heard about open source communities before as well. One of the common examples is Linux Operating System which has been used since the 90s. With this platform, users can use and develop the software.

Corporate sector and Open Sourcing

In today’s tech-savvy era, many businesses want to opt for open source as compared to other conventional software techniques. And a huge credit to the advantages it offers. It’s better to have the opinion of many than only a single individual and this is what open source community does for businesses.

Open Source Platform and FINTERRA

Experts at FINTERRA work with decentralised approach to facilitate a healthy ecosystem for the community. The adoption towards this technology ensures transparency and stability to the transactions being done.
Being Open Source, third-party developers or partners can find access and build on top of the FINTERRA platform. Varied categories are involved such as product and service chains. Basically, it’s like a playground where users can come and build up what they need at their own risk. Rather other areas are controlled and verified depending on the ecosystem you need.

FINTERRA facilitates detailed documentation and open channel communications for all elements of the Open Source Development system. Projects are linked to open source chain. In fact, they can serve as standalone blockchain or as provisioned applications for users.

In specific terms, transactions which start from third party project chain or application and ends on Open Source Chainneed to have an open source chain handler contract- audited and scrutinised before being whitelisted for deployment.

Overall, it let users works with secured FINTERRA ecosystem. For more relevant details about the FINTERRA app and open sourcing, you can simply log onto www.FINTERRA.org.

Fintech is a credible platform for open source development and to pay off utility bills, play games, book flights and hotels on the go. Follow us on YouTube.

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Finterra Pte Ltd,
58, Republic Plaza,
9, Raffles Place,
Singapore 048619

Tel: +65-6823-1378
Fax: +65-6823-1377

Finterra Technologies Sdn Bhd,

Suite 10-3 & 10-5, Level 10,
Wisma UOA II, Damansara,
No. 6, Changkat Semantan,
Damansara Heights
50490 Kuala Lumpur


Finterra Ventures Ltd,
13/F, Golden Dragon Commercial Building,
522 Nathan Road,
Yau Ma Tei, Kowloon,
Hong Kong