Jed McCaleb Predicts a Bright Future for Cryptocurrency

Jed McCaleb is the Chief Technical officer at Stellar. Stellar.org is a website dedicated to the use of technical expertise to improve the human condition across the board. It provides a trusted platform that secures online currency and transactions that are related to the same. Jed McCaleb is the brains behind the eDonkey filing system. eDonkey had a major impact in the file sharing realm during its time. While the eDonkey wind was still blowing, Jed McCaleb came up with Mt. Gox.

Career Background and Growth of Jed McCaleb

He is one of the leading technical experts in the online currency transaction circles. Before Stellar, Jed was the brains behind Mt. Gox. He was one of the power behind the growth and spread of Bitcoin as a cryptocurrency. Mt. Gox was the first Bitcoin exchange. Stellar Development Foundation was founded on the premise that there are many people out there without the needed resources to start any substantial business, even to participate in the digital currency exchange. Apart from digital currency development, Jed McCaleb is currently one of the main advisors in the MIRI research that focuses on artificial intelligence. The main aim of starting Stellar.org is to try and make digital currency as reliable and trusted as actual hard cash.

The Blockchain Trends

Global digital payments are moving into new grounds. Blockchain technology is changing the way online cash is running. The blockchain is taking over the world of digital transactions. It is disruptive, and like other disruptive technologies, it will not happen without opposition. However, the world is headed in the blockchain direction. Blockchain technology is already having disruptive effects on stock markets and fundraising platforms. According to Jed McCaleb, the coming years are going to be full of disruption. The world will have to learn to deal with emerging technologies that change the way people think, work and operate. One such technology is the work that Stellar looks to do with the online payment system. Indeed, Bitcoin is already creating ripples in financial institutions across the globe. It was also resisted and continues to face opposition from a wide range of quarters. According to Jed McCaleb, the cryptocurrency world will grow and gain even more trust in the coming days.

Stellar network and the future of cryptocurrency: https://www.financemagnates.com/cryptocurrency/news/stellar-ceo-want-real-enough-dot-com-bubble-pops/