The world of cryptocurrency is a murky environment where there are not many names and faces who stand behind their creation. There is one person, however, who has been a shining light in the emerging world of virtual currency. That person, Jed McCaleb, is helping to demystify the world of cryptocurrency for everyone.
Mr. McCaleb’s career did not begin with cryptocurrency but with a file sharing project known as eDonkey. Afterward, Mr. McCaleb help found the first Bitcoin exchange, Mt. Gox. That was over six years ago. Since there, Jed McCaleb has been busy shaping the world of cryptocurrency. First with the creation of Ripple and then with his co-creation of the popular Stellar. Now, Jed McCaleb has launched Stellar.org to help bring financial literally to the world through open-source software.
As Stellar has been helping to bring everyone around the world closer to a seamless virtual currency experience, Jed McCaleb saw an opportunity to start a related non-profit to ensure that no one, on the planet, is left behind in the cryptocurrency revolution. With that in mind, Stellar.org has become a passion project for the crypto pioneer.
To know Jed McCaleb is to know how he came about for the idea of Stellar in the first place. The crypto expert was already well versed with Bitcoin when he saw an opportunity to push the idea further. That’s where Stellar came into play. Stellar helps connect financial institutions through an open source network. The result is a project that brings more organization and efficiency to the crypto world.
In a recent interview, Mr. McCaleb pointed out that over 2.5 billion people on the planet do not have access to banking services. The team behind Stellar, as well as Stellar.org, is working hard to ensure that these unbanked individuals will be able to send and receive money without having to deal with traditional and sometimes predatory financial services.
As the future rolls on, Jed McCaleb will be working to democratize cryptocurrency for people around the world. From crypto projects like Stellar to non-profit organizations like Stellar.org, Mr. McCaleb is changing the world of money for the better.