Jed McCaleb Starts on a New Project- Stellar

For those who do not know Jed McCaleb, he is a popular American programmer. He is also a blockchain cryptocurrency expert. Most of his fans know him as the starter of Mt. Gox, which was the first Bitcoin exchange to be introduced to the world. Jed has also worked on other popular projects, including eDonkey, a file-sharing network. He worked on the project with his developer friend, Sam Yagan, and they lauched eDonkey in 2000.
Jed’s New Venture – Stellar
Stellar is the newest project that Jed McCaleb is working on. He was inspired to start working on the project back in 2014 when he noted the many flaws that characterizes the global financial system. With his co-founder, Joyce Kim, Jed decided to come up with Stellar Development Foundation. The Foundation is a global financial network whose focus is to increase economic participation and inclusion.
The main idea behind the project was to help the unbanked in various parts of the world t get access to finance. Stellar does so by connecting these people to financial institutions. Stellar also links financial institutions so as to enable cheaper money transfer options through an open-source global financial network. Through the internet, people can also get access to relevant information on financial services, and to interact with others concerning financial matters.
In order to perform its functions effectively, the Stellar Development Foundation receives support from a non-profit called Stellar.org. The latter offers both digital financial literacy and technology support.
As the co-founder and CTO of Stellar Development Foundation, Jed performs various functions. He not only does coding, but also handles the technical aspects of the Foundation. With a dedicated team, Jed manages to run the business efficiently. He also gets time to respond to emails. He continues to look for innovative ways to ensure that there is economic inclusion on the international plane.

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