Jed McCaleb’s Most Successful Innovation—The Stellar Network

Stellar is a completely decentralized payment system which enables clients to send and exchange money in form of any currency. It was co-founded by Jed McCaleband Joyce Kim, and has remained the most recognized financial technology that is now making it easy to make transactions across the world.

The origin of Stellar

After working in the fintech space, Jed McCaleb saw a gap in the financial infrastructure which left billions without resources. He realized that there was no uniting currency for different countries or any connecting financial institutions that would make transactions easier. He, therefore, thought that the problem could be solved using Bitcoin technology. As Bitcoin aids in the movement of money, Stellar would help in the linking of institutions.

Through the newly founded technology, Jed McCaleb aimed at connecting over 2 billion people who are unbanked in the world. Stellar would, therefore, make it affordable for institutions to provide financial services to the unbanked population. Limited connection among banking systems initially contributed to high cost money transfers; with Stellar in place, the transaction process became cheaper and seamless.

Implementation of Stellar

Since its invention, several businesses, financial institutions and non-profit organizations have implemented Stellar. Jed McCaleb is currently targeting developing nations which have the most unbanked populations.

Achievements of Stellar

Since its upgrade in 2014, Stellar has become even more effective. The network is more secure, modular, and scalable. Jed McCaleb and his team have made the system easy to understand as well as maintain. The network security has further been enhanced through the implementation of Stellar Consensus Protocol (SCP).

Jed McCaleb also describes Stellar as a community run network. It can be run entirely by participants outside the network. These developments, according to Jed McCaleb, ensure that the network is not administered or operated internally as all the activities are manned by the community.

About Jed McCaleb

Jed McCaleb is the co-founder of Stellar Network. Before this, he had invented eDonkey200 which is a file-sharing network. Through his passion for technologies, he has spent a lot of time improving services particularly in the financial industry.

Recommended you read: https://globalcoinreport.com/stellar-lumens-technology-will-lead-to-new-global-payment-systems-jed-mccaleb/

HCR Wealth Advisors and the Sandwich Generation

Roughly one in seven adults between the ages of 30 and 60 are financially supporting their children and parents at the same time. “Sandwiched” between the need to support both their kids and parents, families and individuals that fall under the so-called sandwich generation often don’t save up enough money for their retirements, generally leaving them high and dry when it comes time to quit working.

Members falling under the wide umbrella of the sandwich generation often seek investment advice from expert financial advisors at HCR Wealth Advisors, a firm that provides personalized assistance for clients to reach their financial goals.

HCR Wealth Advisors operates out of Los Angeles, California. It was founded back in 1988 and primarily provides its services to individuals around the nation, most of which have been with the likes of HCR Wealth Advisors for longer than one decade.

Certified financial planner Greg Heller is the founder and chief executive officer of HCR Wealth Advisors and has been with the firm since it was founded in the late 1980s every step of the way. Steve Weinberger, who is also a certified financial planner, is a senior managing director who has been with the firm since the mid-1990s.

@HCRwealth often posts on its official blog on its website to help individuals of all backgrounds, ages, and interests get financial help and stave off the threat of financial risks.

The research regarding the sandwich generation was conducted by the well-known Pew Research Center. Go to https://www.nasdaq.com/quotes/institutional-portfolio/hcr-wealth-advisors-1015692 and let HCR Wealth help you with your retirement plan.

HCR Wealth Advisors is not affiliated with this website.

The Oxford Club’s Benefits

The Oxford Club was founded in 1989. When it started, it was known as The Passport Club. The founder of the group was William Bonner who is also a pioneering member of Agora Inc. In 1991, Passport Club was renamed to The Oxford Club. It is a group that was born out of the coming together of renowned international investors and entrepreneurs. Its operations run privately with a mission of enabling its members to increase and protect their affluence. The Club has not been shaken by market conditions at all throughout its lifetime. The Oxford Club carries out market research monthly to spot possible market gaps that are worth investing in.

The Club operates on three membership ranks. These are:

  • Premier Membership- This is the entry level membership. The members access the benefits and must renew their membership annually.
  • Director’s Circle Membership- These are permanent investors in the club. They are fully committed to the club and can delegate their membership to family members.
  • Chairman’s Circle Membership- This is the highest membership rank and access to the most privileges. Members at this level have unlimited access to the Club’s website and publications.

The Oxford Club has user-friendly investment policies. The policies help the members to approach markets wisely when making investments. The investors’ choices are well advised all round including tax. The Club publishes three newsletters and three e-letters per day. It serves a wide range of investors starting from green investors to the mature ones. The level of membership of a subscriber determines access to the publications. The monthly publications are The Oxford Communiqué, The Oxford Income Letter, and Oxford Resource Explorer.

The Oxford Club mainly focuses on 12 separate trading services that are related to a number of investment classes. The services the club provides and the policies it recommends are well researched. In 1999, the Club expanded its operations by establishing an educational arm known as Investment U.

There are inexhaustible benefits of joining The Oxford Club. Some of them include:

  • Access to a well-established network of investment opportunities
  • Access to monthly newsletters
  • Unlimited access to current policies of the Club

The Oxford Club Making Investing Easy

There is a lot of hype about cryptocurrency or digital money as some call it, people want in on it and others are on the sidelines. Critiques on both sides of the issue.

What to do? To bring some sanity to the issue “Wealthy Retirement” a newsletter by The Oxford Club released an article to shed some light. First of all, Bitcoins are a type of cryptocurrency and there are many types of cryptocurrencies. According to The Oxford Club article, Bitcoins grew large to $900, people got bitcoin fever, and now they are worth $16000.

Some facts about The Oxford Club is that it is a privately operated financial club that is global and wants its members to invest in the best investments so they can enjoy life without much financial difficulty. They have a great team of financial strategists to cover the job. They offer knowledge which can beat the stock market and give the investor peace of mind. They offer advice on bonds to precious metals and everything in-between.

The Oxford Club wants people to know that cryptocurrency is a new market investment for investors. These currencies can be used in place of money in some business transactions that accept them. In the case of the Bitcoins businesses like Expedia, Overstock and Dish do accept them in place of paper money.

The Oxford club wants their readers to know that whether one should buy cryptocurrency or not is a matter of debate but if you want to invest in cryptocurrency, then you should invest only what you are willing to lose. This means that your other serious investments should be safe for more reliable time-tested investments.