Jed McCaleb is an innovator and entrepreneur that has been continuously working to create products that benefit people. He has always been at the forefront of trends. He invented eDonkey, a massive file-sharing program, followed by the very first bitcoin exchange Mt. Gox. Next, McCaleb created Ripple a program that offers a variety of payment options for banks, businesses, people, and so on. All of this rich history and his brilliant mind has led Jed to marked success in his career.
Stellar.org was Jed’s next big conception. It is a universal financial network backed by a non-profit that allows for more people to be in control of their finances. They offer digital education guides to help users learn more about e-currency and other financial literacy topics. Jed came up with the idea for Stellar when he learned that 2.5 billion adults do not have access to banking due to lack of opportunity or inability to pay fees. Stellar gives those people the opportunity to have a safe place to keep their money or other financial assets. Stellar’s financial infrastructure is being used to in developing countries already. It has already become a helpful tool for many people and is expanding to reach even more individuals.
Jed McCaleb, the creator of Stellar, also serves as an advisor to Machine Intelligence Research Institute (MIRI). They are a non-profit organization that is working towards artificial intelligence (AI) that can benefit mankind. He feels so strongly about their cause that he has made personal donations to their cause. McCaleb has been intrigued by the limitless possibilities of AI. From file-sharing software to an internationally successful financial network, Jed McCaleb is a man that is always thinking about the next big thing. The difference between him and other inventors is that he is focused on having a positive effect on the global community, he wants his creations to be beneficial and puts extreme thought and care into his work.