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.

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