Jed McCaleb is one of the proud innovators in the cryptocurrency industry. He is one of the people who joined the industry immediately it was launched and has been very consistent in his commitment to delivering for the industry. As an innovator, he has been creating projects that will make the blockchain technology acceptable in the financial sector. This is the most important thing that every person who loves cryptocurrencies should be thinking about. The problem is that we have a clique of people who have joined the industry with the aim of destroying it. People who are in the industry to make money without helping the infant blockchain technology grow are a threat that should be stopped.
According to lumenauts.com, Jed McCaleb has made a number of innovations which are going to change the way we know the industry today. He has made sure that everything that is happening in the industry is done according to the plan which should be making the industry better than it is currently. The industry is still in its infancy, and if it lacks innovators who are ready to put their life on the line for it, it might never realize its potential.
Jed McCaleb while appearing in an interview with CNBC highlighted a few issues that he thinks would become a reality in future with the blockchain technology. The most important thing for him is the development of a payment system that will incorporate all currencies in the world today. By creating a cross-border system, there is a high likelihood that this is going to be the biggest innovation yet in the application of blockchain technology. The cross-border payment will facilitate transactions of all manner. People will have a chance to pay with digital currencies just like other currencies. This will not only be the area that will feel the effect. McCaleb says that even the stock markets will be affected as it will also be running on blockchain technology.
Jed McCaleb, the co-founder of Stellar, is ready to change the industry by taking up the necessary steps of improving the industry and not just joining those who are in this to create money with ICOs scams.