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thomas neckel

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@neckelthomas

ceo of @ledgerAPI
New York, NY fragment.dev Joined December 2012
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thomas neckel Verified account @neckelthomas
Fragment is automating commerce.

We think there are millions of businesses that haven't been invented yet. Not because folks lack imagination, but because it's too hard to build the financial systems that run them. Fragment removes that constraint.

Today, people run companies. With Fragment, they'll run on their own.
fragment.dev/v2
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thomas neckel Verified account @neckelthomas
For scaling fintechs, a real-time ledger isn’t enough. It also needs be high throughput.

Why?
Because every entry updates different accounts. And different accounts serve different audiences. You may need strong consistency for user accounts and high throughput for revenue reporting ones. And it’s hard to get general purpose product DBs to do both.

So what do you do?
You could update real-time balances in one system and high throughput ones in another, but then you have to reconcile them and that’s a whole other problem.

A ledger for engineers lets you configure each account with it’s own consistency type. So user balances are strongly consistent, monthly balances are high throughput and every balance is always right.

If you’re an engineer and you want a ledger that thinks the way you do, check us out- fragment.dev/get-access