In 2014, Jed McCaleb and Joyce Kim came together and co-founded the Stellar Development Foundation. The main propose behind the creation of the foundation was because the two of them had recognized just how broken the world’s financial infrastructure had become. As a result of this, there were many individuals that were being left without resources. One thing that Jed has stated that he likes the most about the foundation, is that he gets the opportunity to spend a ton of hours with some of the world’s smartest people.
Before Jed McCaleb helped co-find Stellar, he was the founder of eDonkey2000. This happened to be one of the earliest peer to peer file sharing networks. EDonkey2000 was also one of the first multi-source downloading and one of the first implementations of the Kademlia DHT.
Jed McCaleb is also known for his longtime presence in the cryptocurrency world. He hopes to be able to make developments that will help change fundraising, global payments and also stock markets. McCaleb has been able to work with some of the world’s biggest crypto organizations, one of which happens to be Mt. Gox bitcoin exchange.
His current role consists of him being the chief technology officer at Stellar. Jed McCaleb recently shared his thoughts on how he thinks that underlying blockchain technology and cryptocurrency will more than likely gain traction in the near future. He also states that it is pretty clear to him that in the future there will be a universal payments network that will be able to operate. Coincidentally, Stellar is working very hard at the moment to be able to solve many of the cryptocurrency issues that McCaleb is concerned about. Along with seeing the problems of cryptocurrency fixed, Jed also states that many of the non-cryptoassets, which includes stock, will become digitalized in the future using the same exact technology.
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Concessions will now be made through a partnership between the government and BNDES (National Bank for Economic and Social Development), whose services provided will be improved in their structural, resource, and management areas. Edison emphasized that public power performs 90% of Brazil’s basic sanitation, and that approximately 70% of users benefit from the services of state organizations. He believes that Brazilian government agencies have significant experience, which can be readily leveraged when companies become partners with other ones.
BNDES will customize action plans for its state customers based on surveys detailing their situational locations. A primary flow of monetary resources from government-owned companies in the water sector is from the loss of water. Montoro Jens stated that the services cannot be received when there is such significant waste.
Edison explained that the resource-wealthy private enterprises could help greatly in the job of water conservation. They have advanced technology, a crucial factor in Brazilian water management, which is also instrumental in increasing sewage networks investment.
Edison also added that the efficiency of organizations is not directly related to their administration. He stressed that alignment must exist between the Brazilian citizens’ needs and the operational mode of the associated utility.
Edison stressed the importance of clarifying goals in the drafting of contracts, in partnership concessions, and in the adoption of public agency inspections where services would be provided. He reiterated the importance of the terms of each agreement being fulfilled.
Felipe Montoro Jens has been an executive at the project development and structure finance division at Terna S.P.A. In addition he led Enron’s international structured financial department. In addition he helped Price Waterhouse Coopers with his unique auditing and consulting skills on checkdirector.co.uk.
He is a respected businessman, graduating from Fundao Getito Vargas (FGV) with a degree in business administration. His postgraduate work was in international management at the American-based Thunderbird.
Jens is considered to be a multi-talented individual, and spoke at the 2011 World Economic Forum on Latin America, where over 750 Latin American countries attended.