Smart contracts are getting smarter. With composability, they can now work together like building blocks to create bigger, more complex applications. Think of it as using Lego pieces: instead of starting from scratch, developers can combine existing smart contracts to make something entirely new. 🧱🌐 This feature is especially useful in areas like DeFi (Decentralized Finance). For example, a lending platform can directly connect to a trading platform, so users can borrow, trade, and earn interest—all within one smooth system. It’s not just faster for developers but also opens up endless possibilities for innovation. One fascinating example is NFTs (Non-Fungible Tokens). With composability, NFTs can now include other tokens or assets. Imagine buying a virtual house in a game, and it comes bundled with digital furniture and art, all as one tradable item. The challenge? The more connected these contracts are, the more careful developers need to be with security. A small vulnerability in one contract could affect the entire system. As we continue to see more composable systems, the dream of a fully connected and interoperable blockchain ecosystem is getting closer. Could this change how we interact with technology forever? Follow FINAP for weekly TechByte content, visit finapworldwide.com #TechByte #Innovation #Technology
Fintechnology Asia Pacific (FINAP)
IT Services and IT Consulting
Colombo, Western 11,696 followers
⬤ Stability ⬤ Security ⬤ Quality
About us
FINAP - Fintechnology Asia Pacific Lanka (Pvt) Ltd is a renowned, software solutions provider with operations worldwide. Constant re-engineering, rigorous testing, and extensive market research help sustain our customer-centric approach. Our inception back in 2016 was as a fintech solutions provider, and we have branched out by creating a diverse range of software products & services portfolio for our clients since. FINAP has won many accolades over the years as a testament to the quality of our products and services. We are a process-driven organization certified with ISO 9001:2015 Quality Management System. Our vision is “To be the most accepted solutions provider through simplicity.”
- Website
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https://finapworldwide.com
External link for Fintechnology Asia Pacific (FINAP)
- Industry
- IT Services and IT Consulting
- Company size
- 51-200 employees
- Headquarters
- Colombo, Western
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Core Banking, Neo Banking, Mobile Banking, Resource Augmentation, Bespoke Development, Software Development, Web Application Development, Outsourcing, Software Project Outsourcing, Software Services, FinTech, Mobile App Development, Microfinance Software, Software, Supply Chain Management Software, SCM Software, and Financial Technology
Locations
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Primary
No: 31/A, Buthgamuwa Road, Rajagiriya
Colombo, Western 10100, LK
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FINAP Worldwide Co. W.L.L, Flat No. 21, Building 519, Road 1010, Block 410
Manama, BH
Employees at Fintechnology Asia Pacific (FINAP)
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Kutila Pinto
DBA (UCAM) | CEO | MD | Accredited Board Director | Banker | FinTech Entrepreneur
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Dhanushka Mapa
CCRO Fintechnology Asia Pacific FINAP.
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N.H.Janindu Shamika De Silva
Senior Software Quality Assurance Engineer at Fintechnology Asia Pacific (FINAP)
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Anurudda Wjekoon MBA (USQ-AUS) CMktr CPM (ASIA) MSLIM
Strategic Leader
Updates
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AI models are often power-hungry ⚡, requiring vast amounts of energy to train and run. This energy consumption primarily comes from large data centers and complex computations, which can have a significant environmental impact. However, green algorithms aim to change that 🌱. By focusing on optimization techniques, these algorithms minimize energy usage while maintaining performance. One key technique is pruning, which involves removing unnecessary parts of the neural network ✂️. This reduces the model's complexity without losing accuracy, significantly lowering the amount of energy required for training. Another method involves reusing outputs 🔄, where intermediate results or data are saved and recycled for later use, cutting down on redundant computations. Additionally, the use of energy-efficient hardware allows AI models to run on systems that consume less power. Follow FINAP for weekly TechByte content, visit finapworldwide.com #TechByte #Innovation #Technology
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Not everyone needs to be a developer to create useful apps or workflows. Low-code/no-code platforms are making it easier for anyone to build solutions. But how do you keep track of the changes you make in these platforms? This is where version control comes in. Low-code/no-code versioning tracks visual and logical changes, so you can see what’s been updated, fixed, or added without worrying about coding details. It captures metadata for rollback, meaning if something goes wrong, you can quickly restore your work to an earlier version. This gives you the freedom to experiment and try new things without the fear of losing progress. 🔄 Imagine you're building an app to track local events. You start with a simple calendar and add a feature for event reminders. Later, you realize you need to change the layout. With low-code versioning, you can easily compare versions, rollback to the earlier one if needed, and even merge new changes from different team members—all without interrupting your workflow. ⚙️ Follow FINAP for weekly TechByte content, visit finapworldwide.com #TechByte #Innovation #Technology
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On January 6, 2025, we had the incredible opportunity to visit Kithaladeniya Vidyalaya, a small yet vibrant school with just 40 students. Our mission was simple but meaningful—to provide books and essential stationery to support these young minds on their educational journey. This effort wouldn’t have been possible without the incredible support from the FINAP team and everyone who joined hands to make it happen. Your commitment and generosity have not only brought smiles to these children but have also planted seeds of hope and opportunity for their future. Together, we’re making a difference, one step at a time! Supporting Education, Shaping Futures! 🎓🌍
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+5
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🚀 Join Our Team: Sales & Marketing Associate and Full Stack Developer Wanted! 🚀 Are you ready to take your career to the next level in the dynamic world of technology and business? We’re seeking talented individuals to join our vibrant team and drive meaningful change! 🌐 Be a Trailblazer Take on an integral role in shaping innovative strategies and building cutting-edge solutions that fuel our growth. ⚙️ Drive Innovation and Excellence As a Sales & Marketing Associate, craft impactful campaigns, strengthen client relationships, and drive our brand’s presence to new heights. As a Full Stack Developer, develop powerful applications, streamline systems, and deliver seamless user experiences. 💡 Collaborate and Create Work alongside passionate professionals to ideate, refine, and implement solutions that make a real difference. 📈 Grow with Us Immerse yourself in a fast-paced environment with endless opportunities for learning, growth, and professional development. 🌍 Build the Future Shape the next generation of technology and business solutions. Your contributions will have a lasting impact! Ready to join the journey? Send your CV to careers@fintechasiapacific.com 🔗 Apply for Sales & Marketing Associate - https://lnkd.in/gX-fjBE8 🔗 Apply for Full Stack Developer - https://lnkd.in/gNEsrf4D #WeAreHiring #SalesMarketing #FullStackDeveloper #TechCareers #Innovation
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Small and medium enterprises (SMEs) are the backbone of economies 🌍, contributing up to 70% of global employment and 50% of GDP. However, securing financing remains a challenge 🚧, with traditional lenders relying on outdated credit models that overlook SME potential. 🔹 The Problem with Traditional Lending Models: Banks and financial institutions typically assess SMEs based on static credit scores, collateral, and financial history. This leaves many high-potential businesses underserved, especially in volatile sectors. Fluctuating cash flows make it hard for SMEs to qualify for rigid loan products designed for larger enterprises. 🔹 How It Works: 🔸 Intelligent Data Harvesting – AI gathers insights from transactions and market activity to build a business profile. 🔸 Precision Forecasting – Advanced algorithms predict cash flow, identifying growth patterns and potential risks. 🔸 Adaptive Loan Design – Loan terms flex dynamically, evolving with the SME’s performance. 🔸 Proactive Oversight – AI continuously refines loan structures, ensuring financial resilience. 🌱 Case Study – Emerging Market Impact: In 2024, a fintech firm piloted predictive loan structuring in Southeast Asia. By analyzing mobile money data, AI tailored loans for farmers and merchants. The result? 40% lower default rates and 30% more SME financing. Follow FINAP for weekly TechByte content, visit finapworldwide.com #TechByte #Innovation #Technology