Over the past few years, one of the biggest stories in the investment industry has been blockchain and how it impacts the cryptocurrency market. Today, there are many professionals that are trying to get into the marketplace. One person that has been in the industry for years and has contributed a lot to the success of it is Jed McCaleb. Jed McCaleb is one of the pioneers of the industry and was one of the founders of Mt. Gox, which was one of the first exchanges of Bitcoin and other digital currencies.
While Jed McCaleb has been very important to the digital currency industry, he is continuing to find new ways to invest and contribute. Jed McCaleb is now focusing on a new venture that is called Stellar, which he believes will continue to transform and improve the world.
The new venture called Stellar will further work to improve the global currency and economy. The new system that is being created will work to fix many of the flaws that are already rampant in the global economic system. One of the ways that it will improve the system is by providing an open source solution to many of the challenges that people are having today when it comes to completing any transaction. Similar to the way that Bitcoin is being used, it will create a more anonymous system for keeping track of ledgers and other information.
One of the biggest challenges that Jed McCaleb had when he first came up with the concept in 2014 was to find a way to encourage financial institutions to incorporate it into their current systems. Since many of these companies have been around for decades, convincing them that there is a need for change was a challenge to begin with. However, he has already been able to convince many companies to incorporate Stellar into their daily tasks and the results are already beginning to show.
Since creating the first version of Stellar, Jed McCaleb has continued to improve it. The Stellar program is far more functional, usable, and scalable than the original version of it.