Joran Greef

Joran bumped into Coil (and the idea of Interledger) in 2020 on a soccer field in Cape Town. This led to analysis of the Mojaloop payments switch, and the idea for “an accounting database” called TigerBeetle to move the performance needle by three orders of magnitude, as part of providing infrastructure for Interledger and Rafiki. TigerBeetle, Inc. was spun out of Coil as a startup in August 2022.

The Next 30 Years of Transaction Processing

In the last 7 years, the “transactions of everyday life” have increased 100x to 1,000x, even 10,000x across several sectors (e.g. cloud computing, energy, real time payments). Yet popular transaction databases are 20-30 years old, and even newer cloud databases are circa 2012, designed for a different workload and scale. Research into maximizing durability (and therefore availability) has advan…