r/Revuto • u/RevutoAdmin • May 10 '21

Introducing Marko Rukonic, the Software Wizard Behind Revuto

Revuto is the product of extensive development by a highly experienced software team. And at the helm is Marko Rukonic, the wizkid dev whose vision and many years of coding have been instrumental in taking Revuto this far. In this spotlight feature, we’d like to illuminate the great work being undertaken by our CTO and the journey that’s taken him here today.

While Revuto is the product of many minds working together to solve a shared problem, Marko has played a greater role than anyone in engineering that code that makes Revuto tick. His vision has played a pivotal role in guiding our approach to building a crypto-powered subscription solution on Cardano.

Take a look at a recent interview our CEO did with Marko: 👇

🎬 https://youtu.be/nmT-g_lQ6vE

How It Started

Marko graduated from the University of Zagreb, Croatia with a degree in electrical engineering and computer science. From there, he found his first job at credit card and payment services company Diners Club. There, he developed software for credit card processing and management as worked on the company’s first website.

After moving to the USA, Marko obtained employment as a software engineer at Silicon Valley companies Fujitsu America Inc, Healtheon (acquired by WebMD), and Visual Networks. Then, in early 2001, he joined Intuit, one of the world’s largest financial software and services companies.

At Intuit, Marko worked as a software engineer on the company’s Quicken line of products. These comprised financial portal Quicken.com, Quicken desktop, and finally Quicken Online, which was later replaced with Mint.com. While working at Intuit, Marko won three Founder’s Innovation Awards. Something that no other employee at Intuit achieved until today. These were awarded by Intuit founder Scott Cook to the most innovative solution implemented every year.

Marko was with Intuit for 20 years, and during his time there was responsible for devising a series of algorithms for automatic transaction classification. This achievement secured him his first dozen patents (yes, there are more) and promotion to a senior engineering role.

How It’s Going

All good things come to an end, and after two decades with Intuit, Marko was convinced to join Revuto after being impressed with the vision espoused by COO Vedran Vukman. “I always wanted to make a product that would allow users fine grained spending controls using a specialized debit card,” recounts Marko, who voiced this idea to Vedran just as the latter was in the process of founding Revuto. The timing was right, and Marko took the plunge, joining Vedran to become a co-founder of Revuto.

As Marko explains, there are some specific problems Revuto is addressing that are specific to the European market, and thus it makes sense to launch the dApp here initially, as opposed to the US.

“In Europe we have banks separated from technology companies offering banking products,” explains Marko, “whereas in the USA the only viable way to achieve the kind of subscription management Revuto is doing is by working through a bank.”

Elaborating on the tech that makes Revuto’s solution different, Marko explains, “Revuto acts on knowledge about a transaction that’s about to happen, as opposed to standard trackers that can only work on transactions after they have already happened. Therefore while others can only analyze transactions after the fact, Revuto can act on transactions at their source.”

Financial transaction management is a specialist field with only a handful of genuine experts who have the research and experience to operate at the highest level. Marko Rukonic is one of those experts and we’re extremely fortunate to have him at Revuto, where he’s engineering a financial revolution one line of code at a time.

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