Fintech is slowly becoming one of the most sought-after industries, especially by the investors. The growth of this segment can be attributed to the investors too.

Let’s take a quick look at how far Fintech has come since inception.

Reasons to Launch Your Fintech Startup Now

Here are a few reasons you should enter the segment, and launch your startup finally. It’s the now or never situation for your idea.

• The advancements in the mobile banking and the evolving methods of completing transactions are offering a whole new world of opportunities to the startups. Mobile has changed the way we buy or invest. The processes are transparent and efficient and cost-effective too. If you are looking to build your startup in the mobile banking segment, the time is now.

• Investment technology is also gaining traction, and it is just a matter of time before a lot of players are working their way around this segment. If you have a startup that is focused towards investment technology either as a portfolio manager or investment advisor, then you should start following up on your idea and building it now

• Loans are a huge market, and there is a lot of potential in this segment. If you want to leverage to actual wealth of the Fintech industry, the loan segment ideas need to be converted into a startup solution now. There is a whole range of opportunities and models that you can use leverage upon.

If you are planning a Fintech startup, the choice of technology stack is as important as the idea validation. You will need to zero in upon a technology that suits your needs perfectly.

Most of the finest Fintech startups in the world are moving towards adopting Ruby on Rails. It is not just an efficient platform but also one of the best languages to develop Fintech startups on.

Here are a few reasons that will help you understand why.

Why RoR for Fintech?

Plug-ins (Ready and Available):

When you convert your idea into a viable startup solution, by developing mobile apps and web solutions as necessary, there are many things that you will need add and create. Building each module from the scratch can be quite a tedious task. There is a way to avoid it if you are using Ruby on Rails to function. With the ready-to-use plugins and the modules available, you can start developing the web application without working on the coding. This allows the development of the startup and deploying it faster. You can deploy it 40-50% faster than before.

Cost-effective solutions:

With Ruby on Rails as your programming language, you don’t have to spend money on licensing the software. The open-source software comes with a clean source code and allows you to add the features with easy coding and programming methodology. Overall, you don’t have to spend a lot, considering you are already spending money into coming up with a Fintech startup.

The impressive security:

When you are developing a solution for a Fintech idea, it is important that you include the best security conditions into the platform. It is necessary that you lock in every program to match the high levels of security. When you are working with RoR, you don’t have such concerns haunting you. The inbuilt security of this programming language can help you overcome all security challenges, and is pretty secure in every way.

Quality assurance:

Your fintech solution needs to ensure complete quality, considering it is the money that is at play here. You cannot play around with other people’s money, and every feature needs to be tested twice, and you need to ensure a bug-free platform. With Ruby on Rails development, you can have a clean code and a quality development environment, which will make it possible for you to quickly test the applications and launch them early to the market, without compromising on the quality.

Summing up

The Fintech startups are all gearing to improve the way people work with financial institutions and banking systems with their mobile. Every construct in this system needs to be full-proof in order to keep the transactions private and assure the user of the security. Ruby on Rails framework is the perfect choice as it fulfills all your needs in a single go.

Coruscate is efficient with both RoR language and developing Fintech ideas into solutions. Connect with us to give your idea a validated solution.

Note: We do not make clones of any exact application, clone means to us is how better we can execute your app idea with existing app features and experience.

The post Why Your Next Fintech Startup Should Be Built Using Ruby on Rails? appeared first on Coruscate Solutions.

A lot of businesses have checked custom content management systems developed using Ruby on Rails. Yes, it is popular, owing to the way in which you can customize the systems and appropriately fit in.

Rails offers unique and featured content management system that allows you to build websites and applications that are simple yet functional.

Here we will discuss by citing examples, how the unique combination of Ruby and Rails helps deliver incredible content management systems.

Flexible Layouts With Aesthetic Designs:

One of the major reasons for using Ruby on Rails for delivering your own content management system is the flexibility with the layout it offers. You can easily structure the page as you want with the Rails CMS that offers this level of flexibility.

One such example would include Radiant CMS. Delivered on RoR, it offers an elegant and user-friendly interface with a number of extensions. They have used a personalized print markup language made up of RDoc, BBCode and Structured Text.

In case of the flexible layouts, you can easily make the blog page a secondary page under the parent page.

The Excellent Cache System:

The content management systems developed using RoR have an excellent cache system, which makes up for the immediate launch of the applications. The quick upload time matched with the framework’s increased scalability ability, you will be able to serve the users with the results in a matter of seconds. The response time is reduced with the caching system’s efficiency.

Adva CMS developed using Ruby on Rails is an example of how you can take advantage of the caching system. This CMS uses the Ruby Engines and has formed its own search engine features.

The WYSIWYG Editing:

Most of the content management systems in the market have this ability but, what if you could customize the editor to perform what you want it to? That’s what a CMS developed using RoR is capable of doing. It helps you deliver the exactness of your needs, and allows you to work on customizing the editor. When you use the end product, you can edit it in style.

Scrivito is an open-source CMS developed on Rails and has efficiently used this editor to benefit the users. This allows them to design the front end aesthetically and manage the edits better.

Easy Collaboration:

When you are developing a content management system that is customized to your needs, there would be dead ends. As a developer, it is important you have someone by your side who can help you out of the situation. That’s where the community helps. The Ruby on Rails community is large and supportive. You can rely on them to help you with customizing the solutions and providing easier ways to control the issues.

The community’s response is immediate. When developing personalized CMS solutions, you also need to develop the plugins essential to customize the whole website. There will be a need for help in this case.

Refinery is a CMS developed with Rails that is actually meant for the beginners. The community support helped in delivering the needed plugins for scalability and ease of use. The CMS is multi-lingual and supports close to 30 languages. Personalizing plugins is also easy.

Addition of Versatile Functions:

When you are dealing with content management systems, you will need to add certain versatile functions too to help deliver the exact solutions. The idea is to keep the interface simple so that the addition does not affect the traffic and improves visibility. The best way to accomplish this would be by creating a content management system that is customized to the best of its abilities.

Camaleon delivered using Ruby on Rails web development, is the CMS that allows you to personalize the functions and offers a wide range of functionality the users. Without going complex, the CMS allows for the addition of features that are advanced and usable. It is only possible if you use the Rails platform.

Of course, it is absolutely unnecessary to go ahead with Rails, if you want a simple and aesthetic website, as we have discussed earlier. However, if you are fond of complexities, Rails is your go-to for content management systems.

Conclusion:

Fae by FINE is one of the recent open-source content management systems delivered using Ruby on Rails. The reason it stands out in the competition is owing to the lightweight and customization options made available with this framework.

If you want to develop your own Ruby on Rails content management system, connect with our team at Coruscate. We will fine-tune your idea to deliver a viable solution.

Note: We do not make clones of any exact application, clone means to us is how better we can execute your app idea with existing app features and experience.

The post Why Ruby On Rails to Deliver Complex Content Management Systems? appeared first on Coruscate Solutions.

Topping the list is Airbnb. Yes, this home getaway website, which has evolved into one of the best homestay booking channels, uses Ruby on Rails to scale their business and stay unequivocally tech-savvy. Dribble and Fiverr are also savouring the Ruby on Rails experience and unleashing it to their audience.

If you have used any these websites, you can vouch for the speed and experience they deliver. These websites are known to have scaled since inception, and the server side framework is supporting them completely.

Ruby on Rails applications are diverse in nature, which includes Goodreads, a place where book lovers socialize and get to know about the books worth reading, and Airbnb, a home-stay website.

Now that you know how good and efficient Ruby on Rails is, let’s get to know the framework in detail.

What is Ruby on Rails?

Rails is the development framework that allows the developers to structure all the code they write and was popularly used to develop websites and applications, as it simplifies the repetitive tasks.

Ruby was the programming language used to write Rails. Why Ruby? It is an elegant and terse language, which allows complex frameworks to become simple and easy for the developers to use. What is Ruby on Rails used for, you may ask? The simple answer is to develop server-side applications and improve the server response time.

The main reason for this is how Ruby on Rails uses convention over configuration. As a programmer, with normal software tools, you tend to spend a lot of time configuring the files and setting up the program. This is not the case with RoR. You can accelerate development, and use the set of conventions standardized by the framework for optimal output.

RoR is also useful as it uses the RESTful application design, which is a software architecture that revolves around client-server relationship. The logical structure of the applications is derived as a result of this.

Is RoR Agile Framework?

For a while, the developer community has been trying to answer this question that is asked about the framework-whether or not it is agile.

Amazon, BBC, and Cisco are the Ruby applications that have been reportedly benefited with the agility of the framework.

The framework is definitely agile, as it can help the websites deal with the daily traffic and also scale to the increasing levels of traffic. Groupon has been built using RoR framework, and the traffic bursts that this coupons and deals websites face is incredible. To manage the sudden increase and to be flexible to the evolving nature of the users, you need an agile framework, and RoR has proven that at every instance.

Benefits of Going RoR

Apart from agility, there are other benefits associated with going RoR with your web application development.

Accelerated Development:

When you are using a flexible and automated framework such as RoR, which deals with repetitive programming in an excellent manner, you can expect accelerated development. It is an object-oriented programming language and open-source too. So, you have the source code available along with a strong community support. This should help you increase the speed of development.

Cost Effective:

Developing websites with RoR proves to be cost-effective for your business. The coding is readable and structured as well as reusable. This means the developer can create the application faster and can reuse the components in the process. The readable code saves a lot of the testing time and ensures faster upgrade for the business. The framework costs are also nil, as it is an open source framework, and you don’t need to invest in a licensed version.

Strong Community Support:

The Rubyists, as the community of Rails developers are known, help one another out of situations, and make sure the information regarding development is readily available at any given hour. The devotion that you observe with the Ruby developers is unseen in any other framework.

Scalable Framework:

The RoR is a scalable framework, which has been discussed in detail earlier. The framework can easily accept any amount of incoming load, and make sure the experience remains seamless.

Security:

As with any other framework, security is a concern for all businesses. That’s why RoR has incorporated all the security measures in the framework for a committed experience. You will not experience any security vulnerability with this framework.

Summing up

Ruby on Rails is the perfect fit for your business if you need a regular app and have set long-term goals for your business app. Community support is the biggest advantage of the framework, and you can deliver the app quickly with zero revisions and quick prototype development process.

Coruscate has a dedicated team of RoR developers with the in-depth knowledge, and experience. If you are looking for Ruby on Rails application development or want to discuss possibilities with Ruby on Rails for your business, get in touch with our team via email or phone.

The post What is Ruby on Rails Used For? ROR Examples For Best Web Applications appeared first on Coruscate Solutions.

Ruby on Rails is developed in Ruby programming language. Where we create dynamic and ultra-modern website with Ruby on Rails.

Ruby on Rails is well known for its quick iteration cycle and the large amount of magical tools which boosts development. And simplifies the prototyping.

And here are some examples of Web applications built with Ruby on Rails are: Basecamp, GitHub, Shopify, Airbnb, Twitch, SoundCloud, Hulu, Zendesk, Sqaure, Highrise, Cookpad.

In-depth example of Airbnb:

Companies like Airbnb, Twitter, Cookpad have used Ruby on Rails for their entire website, backend tools, payment integrations, emails templates, etc.

Advantages of Ruby on Rails Solution

Migrations allow you to alter the database structure in a structured and organized manner

Technical Features of Ruby on Rails Solution

Why to use Ruby on Rails as your web developer

How to hire a Ruby on Rails Developer

If you are looking for hiring a Ruby on Rails developer, Coruscate is the perfect place to get the solution for web application development.

Our clients ask for PHP or JAVA based developed application but then by advising them based on our previous delivered solution and the benefits of Ruby on Rails along with the features, they make up their mind to get it done in Ruby on Rails.

Our technical team is always happy to look into your requirement and figure out the right solution for the same. Let’s get connected!

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