We are excited to announce the opening of the repository for Midaz, an open-source ledger system designed to be multi-currency/asset, immutable, auditable, with a double-layer of security and ready to support integrations with multiple core banking and BaaS providers. Our team has deep experience in building core banking platforms in Latin America. In 2023, we founded Lerian to address what we called "inevitable churn" - the need for many players to internalize part of the infrastructure currently in the hands of SaaS providers.

Midaz aims to solve the challenges businesses face when managing financial transactions across various sectors by offering a flexible, open-source ledger system, enhanced security features, a modular architecture, smart contracts, plugins with different providers, native double-entry and reconciliation, and CLI support and a Console front-end.

We are roughly 80% ready to officially launch the product (expected July/August, 24). By opening up our codebase at this early stage, we invite developers, financial experts, and enthusiasts to contribute their ideas, expertise, and code to help shape the future of Midaz.

The whole concept of open-sourcing the Midaz codebase is to shift from charging for the Product to charging for the Service. We plan to monetize based on Enterprise Support, SaaS Hosting, and providing a Marketplace for different plugins/connectors.

Here's how you can get involved:

• Visit our GitHub repository to access the Midaz codebase
• Join our Discord community to discuss the project, share your ideas, and connect with other contributors
• Check out our roadmap to see the planned features and milestones for Midaz
• Contribute code, submit bug reports, or suggest improvements through our GitHub issues and pull requests
• Help spread the word about Midaz to your network and communities

We believe in the power of collaboration and community-driven development. We are excited to embark on this journey with you and create a ledger system that empowers businesses to unlock new opportunities and streamline their financial operations. Thank you for your support and interest in Midaz.

Best regards,
The Midaz Team at Lerian