Team
A small team that builds its own compiler, database and protocol.
Elastbiz is built by Elastcode Ltd. We have been shipping this stack since 2010, which is why the
platform has no third-party engine underneath it.
Founders
Michael Korneev
Founder & CEO · Creator of the Elastic Platform
LinkedIn →
A technologist with 22+ years of hands-on engineering experience. At 16, while
most teenagers were playing games, he was writing protected mode kernels. Created the entire
Elastic Platform from scratch: custom programming language, hierarchical
database, HTTP server and GUI framework.
Expertise spans AI/LLM systems, C++ low-level development, video pipelines, WebRTC, and
full-stack applications from x86/ARM assembler to React/Next.js.
Aleksandr Fominykh
Co-founder & CTPO
LinkedIn →
Forward-thinking CTPO with deep expertise in fintech and iGaming. Proven track
record of delivering results: 100x user growth and tripling B2B development
through architecture, AI and gamification strategy.
What we build ourselves
Every layer in the critical path is ours, which is unusual for a company this size and is the
reason the economics work at a flat price.
Compiler & language
The platform and every app on it are written in our own language and compiled by our own toolchain.
Database engine
Our own storage and query engine underneath all thirteen apps — one database, not one per product.
Transport protocol
Our own protocol between the data layer, the web tier and the AI workers.
Company
Elastcode LtdPaphos, Cyprus
2010building since
5countries in production
Want to talk?
Partnerships, hiring and investor conversations all reach us directly.