Jed McCaleb’s Insight on the Future of Payments

The creator of Mt. Gox, and Stellar CTO, Jed McCaleb has recently made news with his insight on the financial world. McCaleb recently told CNBC that he believes in the future there could be a single payment system for the entire world powered by Blockchain. Holding similarities to other payment systems like Stellar and Ripple, Blockchain is an international system that uses digital tokens.

In a recent interview with global coin, Jed McCaleb went into details about his thoughts on a new system. In his opinion its pretty clear that an operable universal payments network will be here in the future. McCaleb also believes there is a chance that there will be a hybrid system that promotes payment of fiat currencies through the Blockchain. McCaleb went on to predict that within the next decade all equity could be tokenized on some blockchain.

Jed McCaleb is a respected American programmer and entrepreneur. He is the co-founder and the chief technology officer of Stellar.org. His resume is quite impressive and includes serving as the CTO of the company Ripple, creating the bitcoin exchange Mt. Gox and the peer to peer service eDonkey. He has produced companies that have had massive success. In 2018 That McCaleb’s ownership in the company Ripple was worth more than twenty million dollars. This fact alone would put him among Forbes richest people.

A native of Arkansas, Jed McCaleb attended he University of California, Berkeley. He has become known for his philanthropy and desire to help others. In 2014 he donated more than 500,000 dollars to the Machine Intelligence Research Institute. Just a few years later in 2018 he was announced as a new donor to the non-profit intelligence group OpenAI. Jed McCaleb has proven he is a driven, innovator in the world of technology. With his passion and track record, he is almost certain to be around for many more years to come. Follow Jed McCaleb on LinkedIn.

See post: https://globalcoinreport.com/stellar-lumens-technology-will-lead-to-new-global-payment-systems-jed-mccaleb/

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