Jed McCaleb is the founder and creator of Mt.Gox and the founder of Stellar. He is an American programmer as well as a well know entrepreneur. Before he co-founded Stellar, he was the founder of many other companies. He also found and was the active CTO of the business Ripple. He stopped in 2013. He also is well known for coming up with the bitcoin exchange and peer to peer eDonkey, the application and the Overnet networks.
He recently sat down with CNBC and explained his idea of a global, Blockchain power single payment system. Stellar is already a Blockchain powered worldwide payment set up that operates with a digital token.
Jed discussed how he believes in the future that there is going to be serviceable world-wide payments network. He also said that he thinks that there is a chance for an hybrid system that enables the payment of currencies through Blockchain.
Knowingly Ripple is already on line with Korea’s Woon Bank to be implanted on commercial status starting later on in the year, Ripple and Stellar are both being recognized by real investment companies.
Jed had hopes that by 2028 Stellar technology will be able to power up a global payment network that not only gives payments but also processes the original assets like shares and stocks.
Jed McCaleb had been the developer for crypto for a good amount of time and he has went on to make a prediction of Stellar. He believe that Stellar had the ability to change the world’s financial systems like the stock market, the payments and even fundraising. He has his hopes for 2028.
The research firm of finance named Autonomous Next has reported that the ICO’s have contributed to the incoming of almost 9 billion dollars in only 4 years. Unfortunately the use of ICOs have had it’s share of fraudsters who willingly take advantage of all the new tech which helps them get up funds and leave investors clueless without their money. Because of this it has gotten the attention of regulators all across the globe but fans of the token sales have complained that they rep a new model of fundraising.
Contact him here: Jed McCaleb | LinkedIn