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The Investment of Jed McCaleb in Technology

Jed McCaleb is the CTO and co-founder of the Stellar organization, where he is leading technology development to enhance consumer experience in currency exchange services. For a long time, he has been a businessman and a leader playing vital roles in the business sector. Jed McCaleb spends the better part of his time in strategizing overall plans; due to the fact that he loves using his time wisely on what is necessarily putting the focus on.

His Venture in Stellar

Mr. Jed McCaleb started Stellar in an effort of finding the great assets that customers would be interested to pay money for. The venture tries to create financial networks whereby customers can exchange, trade and increase their perspective to the access of better opportunities online. Jed McCaleb’s background is in Technical Programming, exceptionally coding, and with the background, would be able to find a huge space that needed fixing in the financial network. He managed to solve the issue by introducing Stellar together with his co-founder, Joyce Kim. During their time together, they organized and built Stellar Development Foundation, which focuses on being a universal financial network that can be used by anyone.

Most of Stellar’s foundations come from the non-profit groups of the stellar organization that helps in educating people about financial literacy to increase the leads. In an interview with Idea Mensch, Jed McCaleb revealed that every seed that built Stellar came from the realizations of the technology guru through the use of Bitcoin.

Technology background

Jed McCaleb believes in leveraging technology in the sense of reducing inefficiency to improve the condition of the human. He introduced eDonkey, one among the networks for file sharing, in addition, Jed McCaleb went on to create Mt. GOX, which was the only Bitcoin exchange network during that time. He later introduced another big bang in 2011, Ripple. In Recognizing that the financial infrastructure of the world is broken, and many people are without resources, he organized Stellar Development Foundation in 2014. Jed McCaleb is also a MIRI advisor. MIRI does research on Artificial Intelligence for Positive Impact.

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