The rise of Bitcoin has been one of the biggest stories in the investment world over the past few years. Those that were able to invest in Bitcoin and other crypto currencies have seen their values increase dramatically in value. One individual that has been a major contributor and investor in the industry has been Jed McCaleb. He is best known for starting a number of very popular coins and exchanges including eDonkey, Mt. Gox, and Ripple. His ownership in Ripple alone at one point was worth over $20 billion, which would make him one of the richest people in the world.
While he has already been very successful with his existing businesses, Jed McCaleb continues to look for new ways to invest and expand his interests. In 2014 he and his business partner Joyce Kim started a new company called Stellar. Stellar is quickly becoming one of the most popular ways in the world for people to exchange money. It is an open-source protocol that provides people with the ability to exchange money in a safe and anonymous environment.
Today, many different organizations across the world are using Stellar as a primary way to exchange money. The company has also landed some major contracts that will help the business to grow. In October 2017 IBM created a partnership with Stellar that would work on finding a way to increase the speed in payments that are made across the globe. This included finding ways to provide faster payment speeds in developing nations across Africa and Asia. The new joint venture with AT&T will provide the company with far more processing speed than previously imagined.
There are many reasons why Jed McCaleb and Stellar are making a major move in the world today. One of the biggest concerns that people have with the global economy today is that there is too much fluctuation in value of currencies and that countries can be corrupt. Because of this, finding a way to use a currency that is not tied to one nation could be advantageous and it appears to be the wave of the future.
WAX (Worldwide Asset Exchange) refers to a decentralized network that gives people the opportunity to join a marketplace that accommodates assets for virtual games. This platform showcases the strength of in-game item tokenization. WAX plans to minimize the costs of transactions. It plans to establish marketplaces that can cater to games for asset transfer purposes as well.
Malcolm CasSelle is an alumnus of MIT (The Massachusetts Institute of Technology) in Cambridge, Massachusetts and Stanford University in Stanford, California. He’s a global entrepreneur who now serves as Tronc, Inc.’s President of New Ventures and CTO (Chief Technology Officer). Tronc, Inc. used to be known as Tribune Publishing. He served as the Digital Media general manager and Senior Vice President at SeaChange International before landing his position with Tronc, Inc. He became part of the SeaChange International team back in 2015. That’s precisely when the firm purchased Timeline Labs. CasSelle functioned as the CEO of Timeline Labs. He had quite a rewarding and strong career before working for Timeline Labs as well. CasSelle was at the helm of quite a few digital field startup organizations. A couple examples of these are Xfire and MediaFire. He took part in Groupon’s Tencent effort in East Asia, too.
CasSelle studied computer science while he was a student. He did so both at the aforementioned MIT and Stanford University. He has an enthusiasm for learning that goes before the technological realm. CasSelle is a trilingual individual who has the ability to speak Mandarin Chinese and Japanese.
CasSelle at the moment is based in sunny Los Angeles, California. He has a strong reputation in the online media field on the West Coast. His solid reputation extends to other parts of the United States, too. He’s been a contributor to the successes of many diverse companies throughout the years. Some of these are Capital Union Investments, GlobalCast Networks, Schroder Securities and Original Quinton. CasSelle also has a penchant for volunteer work. He is a tutor for an organization that’s known by the name of “Minds Matter of Los Angeles.” He has a zeal for science and education.