Daily Archives: April 12, 2018

The Future of Cryptocurrencies According to Jed McCaleb

Jed McCaleb is undoubtedly one of the greatest men in the history of cryptocurrencies. McCaleb has been in the industry for quite some time and he is one of the people with the greatest knowledge on the field. In fact, Jed McCaleb is the mind behind the development of the first cryptocurrency medium known as the MR. Gox bitcoin exchange. He is also the co-creator of Stellar, one of the largest cryptocurrency exchange across the globe. Presently, Jed McCaleb is the Chief Technology Officer at Stellar Corporation and he foresees the creation and incorporation of the cryptocurrency network in an effort to make it one of the common modes of cross-border payments across the world.

 

Jed McCaleb has shared his views on the cryptocurrency and the general technology underlying the adoption and the usage of the Blockchain technology in the present world. With his extensive knowledge and skills on the cryptocurrency technology, Jed beliefs that in the coming years, cryptocurrencies is likely to take the world by storm. The great technologists hope that in the near future, there will be the development of one universal payment method that will be technologically generated. According to McCaleb, the Stellar corporation is working to create one of the common payment methods that will work out efficiently and quickly. Several other cryptocurrencies are already working towards the realization of this dream. It is for this reason that IBM has adopted the use of Stellar technology to initiate international payments with some of the largest financial institutions across the globe.

 

Jed McCaleb is the great mind behind the development of Stellar Foundation. Having been in the cryptocurrency industry for many years, Jed teamed up with Joy Kim to establish the Stellar Development Foundation in 2014. The main aim why McCaleb took this move was to create one of the flawless financial structure that could be adopted all over the world. Jed has consistently worked towards the improvement of Stellar Foundation and as a result, he has revolutionized activities of the cryptocurrency industry. The applicability and the use of Stellar Foundation services have nevertheless put Jed McCaleb on the forefront in the cryptocurrency industry.

O2pur And The Competition They Face

The up and coming Nicotine Salts E-Liquid company O2Pur is competing for its share of the marketplace with reasonably priced products offered on their website. Industry giants BRITISH AMERICAN TOBACCO, REYNOLDS-AMERICAN, and PHILIP MORRIS INTERNATIONAL are leading the way in product distribution and sales. Recent reports suggest that BRITISH AMERICAN TOBACCO is looking to acquire REYNOLDS-AMERICAN in an acquisition that would propel BRITISH AMERICAN TOBACCO to the top of the list. Their dominance of the market as a result of this merger would push smaller companies such as O2Pur to adjust their marketing strategy in an effort to compete.

Recent market trends have shown that BRITISH AMERICAN TOBACCO has lead the way with an innovative concept known as heat-not-burn(HNB). This technique takes the process of vaporizing to the next level by using real tobacco as opposed to the current synthetic alternative of e-liquid. The tobacco is vaporized instead of burned and delivers a more authentic taste then its liquid counterpart. BRITISH AMERICAN TOBACCO has introduced its HNB product known as iFUSE glo into the Japanese marketplace and has gained a 5.4 percent share in a relatively short period of time. REYNOLDS-AMERICAN has a thirty-eight percent share with their product eCIG and is also working on their own HNB product called CORE. PHILIP MORRIS has the IQOS device available that the industry labels as a Vape Pen. The user installs a liquid cylinder filled with e-liquid into the device that is heated and delivers the vaporized contents.

O2Pur offers a delivery system known as the Box Mod which combines the nicotine e-liquid with a built-in temperature regulator that heats the liquid into a vaporized smoke that the individual will then consume. Operation of these devices require batteries and a charging device, much in the same way that a cellular phone is charged. A smaller device known as the Vape Pen is also available that resembles more of the traditional cigarette look but holds less liquid and requires more charging and resupplying of the e-liquid. As is everything in life that is consumable, the individual’s personal use of the product will determine how frequent the device needs to charged and refilled with the liquid nicotine. O2Pur offers these products for the price of US $50-$90 for Box Mod starter kits and US $15-$30 for e-liquid refill bottles. These refills come in a variety of flavors including caramel apple, berry cheesecake, and island breeze just to name a few.