The business venture in the sector of technology is done by some significant people one being Jed McCaleb. He is a known programmer and software developer who have used his knowledge and skills to pave the way for business gaps present in the industry. Through a lot of experience, he has managed to start many companies which are technological in nature.
One of the most significant companies is that of the Stellar foundation. The foundation was created to tackle and solve financial problems using technology. Therefore, it was established to allow financial transactions from different places. It is more accommodative as it uses several currencies making it possible for many to work with the foundation.
The company was started by a joining of skilled investors specifically Joyce Kim and Jed McCaleb whose contribution has boosted the company’s growth. Moreover, having an excellent team of workers who understand that the customers need come first has brought effectiveness in the operations. They work in their different line of placement together with the help of Jed McCaleb to ensure everything runs smoothly.
Over the years, changes have been made to ensure more people are accommodated and the financial transactions are done excellently. It has grown to be more secure and reliable making it has a bigger market. Also, there are several technological developments which have introduced to make the transactions better and efficient. For instance, the introduction of Blockchain technology helps to make the operations more scalable and secure.
According to Jed McCaleb, the Blockchain technology assists in ensuring the transactions are easily done. It improves the transactions by ensuring the speed matches the volume of the systems. Therefore, the systems are better than most methods which are traditional in their operations. Just like Ripple, Blockchain is set to cause great changes in the near future.
The technology is set to make the financial transactions universal hence accommodate all people. It is aspired to cause tokenization of finances making all transactions to work on one station. Moreover, it is expected to control not only the finances but also the traditional assets. Some of these assets to be included are the stocks of the people as well as the shares in different industries.
Discover more about McCaleb: https://github.com/jedmccaleb