How does this relate to ERPNext? Is this just a packaged ERPNext installation? Is there any way to replicate this with standard, hosted ERPNext?
There were a couple of itches we were trying to scratch. First we realized that a lot of people were looking for a good free accounting application and ERPNext was just too heavy. Also we realized that cloud is a bottleneck. Most SMB owners can't manage a cloud or write a simple Shell command.
The only way to truly build decentralized solution was Desktop. Also we realized this was a big gap in FOSS offerings.
This is just the first version, we do plan to add inventory and other capabilities overtime.