Panama City, Panama, 24 May 2004 - Developers put the final touches, this
weekend on the beta version of NeuClear, an open-source payment protocol and infrastructure. The beta version is on line at http://bux.neuclear.org and the developers are hoping for feedback from the technology community. Once the beta phase is completed, NeuClear-in cooperation with VERAX Inc.-will deploy their first production services. These will be NeuClear-based systems designed to revolutionize third-world micro-lending projects.
According to Pelle Braendgaard, NeuClear’s lead developer,
We want NeuClear to be the Skype of payment systems. NeuClear will change everything from micro-lending to online payments to wire transfers. We even intend to offer an inexpensive alternative to Western Union and MoneyGram.
NeuClear is an open-source protocol for processing payments, exchanges and other business transactions. It is intended to replace today’s non-interoperable, proprietary, payment systems. NeuClear differs radically from these old legacy systems by creating an environment of unprecedented transparency—including the ability to monitor any transaction in real-time and to archive and later audit, every step of every transaction.
The first company to use a NeuClear-based system for commercial transactions will be VERAX Inc. VERAX will also help NeuClear provide free assistance to micro-lending projects to streamline operations by eliminating
their back offices. It will also prepare them to participate in VERAX’s
Micro-Exchange, an on-line secondary market where investors can trade micro-loan packages and micro-fund investments.
ABOUT NeuClear - NeuClear was largely developed by Pelle Braendgaard with the help of other dedicated volunteers. It is released under the Lesser Gnu Public License. For more information about NeuClear, visit the NeuClear website.
ABOUT VERAX Inc. - VERAX is an alternative secured payment system, primarily intended for use on the Internet, but with the ability to support many other market applications. Some of its initial applications will be to
provide a stored-value payment system for inexpensive funds transfers,
Internet payments, prepaid telephone and Internet payment cards and brick-and-mortar payment services. For more information about VERAX, visit the VERAX website.
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Well, I couldn't get the Java Web Start application to run. It appears to me that none of the jars are where they belong in the codebase at http://dist.neuclear.org/app/ . http://dist.neuclear.org/app/neuclear-signer.jnlp IS there, and it properly starts up Java Web Start on my machine, but then it errors, saying "Missing version field in response from server when accessing resource: (http://dist.neuclear.org/app/neuclear-pay.jar, 1.0-beta3)".
I managed to get the application to work by downloading all the source from the SourceForge CVS repository and using Maven to compile the modules for which it couldn't find jar files. I had to make earlier-version-named copies of some of the jar files to make this work, but I eventually won. Fortunately, Maven knew how to find the plethora of supporting libraries that were necessary. Once I had a Jar file for the neuclear-signer library, I ran it over and over again, copying missing libraries into my Java lib/ext directory until it was happy. Emacs' dired made this easier than it would have been otherwise. Whew!
Does the application work via Java Web Start for other folks?
My bux nickname is "billstclair", with a signed page at http://billstclair.com/bux.html
Posted by: Bill St. Clair on May 29, 2004 04:46 PMYay! It's fixed. Thanks, Pelle.
Posted by: Bill St. Clair on May 30, 2004 04:59 PM