For years Jed McCaleb has been making his presence felt in the tech world. Currently, the creator of Mt. Gox, and Stellar CTO is working to impact the way people pay for things in the digital world. MaCaleb believes that eventually there will be a Blockchain powered, single payment system used by the entire world. Jed feels it is clear that the world is moving to more digital payments. He believes there is a strong possibility for a system that uses fiat currencies through the Blockchain.
As mentioned on crunchbase, Jed McCaleb has made some huge predictions regarding his company Stellar. In ten years he believes his companies technology could be responsible for a universal payment system. He is convinced this system will include things outside of payments like stocks and shares. McCaleb stated that he thinks all equity could be tokenized on a blockchain by the year 2028.
Jed McCaleb has been working in the development word for quite some time. His predictions about Stellar are quite large. He has predicted Stellar’s technology will revolutionize financial systems which would include payments, stock markets, and fundraising across the world. McCaleb has an impressive resume to back up his claims. He is responsible for starting the Mt. Gox Bitcoin exchange and is also the CEO at Stellar. McCaleb also serves as an advisor to MIRI, a unique group that researches artificial intelligence.
According to McCaleb, ICO’s (Initial Coin offerings) are currently not meeting the needs of the market. McCaleb states this despite the firm Autonomous Next which reports that these this group has raised nearly ten billion dollars in the four years.
McCaleb believes this stat is somewhat deceiving. ICOs have seen a large growth of fraudsters taking advantage of the new technology. This has attracted regulators around the world. Jed McCaleb continues to push his company forward. The future for him and his company seems to be quite bright.