For those of you whom I haven’t had the opportunity to meet, my name is Braden McDarment. I am a junior at the University of Washington, Seattle campus, studying Political Economy and Economics.
Just a few weeks ago Ed Cable, James Dailey, and I drove down to Portland for the 20th anniversary of OSCON! The event was hosted at the Oregon Convention Center, where it will be held again next year. At the end of each event day I had the pleasure of meeting and talking with many renowned individuals of the open source community.
During the day Ed and I manned the Mifos Initiative booth. At the booth we informed attendees about our mission and how we go about tackling financial inclusion. The attendees asked several keen questions and were eager to learn more about how they could help our community grow. The discussions helped me broaden my knowledge about Mifos and the open source community.
Many of the attendees we talked to expressed interest in volunteering after learning more, and some even wanted to join the Open Source Fintech Force by donating to Mifos. You can also join the Open Source Fintech Force by donating today! Without your support Mifos won’t be able to reach the millions of people in desperate need of access to financial services. Click the link below to be a supporter.
Also at OSCON, I had the chance to attend a few of the talks. The subjects varied from blockchain to open banking. One talk that stood out to me was “Cloud-native Open Source on the Blockchain for Financial Inclusion” by Myrle Krantz. She is the VP of Apache Fineract and has been passionate about financial inclusion ever since she worked at Mifos. She spoke about how 10% of humanity lives on less than $1.90 a day, and how 2 billion people worldwide don’t have access to financial services. Mrs. Krantz discussed how Apache Fineract CN makes it easy for microfinance institutions (MFIs) to be more efficient and successful. Because many MFIs don’t want to host their own database, Apache Fineract CN is a perfect solution to this dilemma. I’m excited to see the impact Apache Fineract has on the world in the coming years.
Ed and James also led a discussion called “Open Banking: Fueling Innovation on an Open Source Core Banking Platform”. I recommend you can take a look at their slides here.
All in all, I thoroughly enjoyed my experiences at OSCON. Being able to meet people at the other booths, as well as at our own, taught me a significant amount about open source and its community. I want to say thank you to O’Reilly Media, Inc. for putting on the event and to the attendees who expressed interest in helping the Mifos Initiative in the future. I can’t wait to see what we can accomplish together.