Jed McCaleb, an early bitcoin pioneer predicts how the blockchain will change banking

Jed McCaleb, an early bitcoin pioneer predicts how the blockchain will change banking

A longtime developer in the crypto-currency world predicts its technology will change global payments, fundraising and stock markets in the near future.

Jed McCaleb, chief technology officer at Stellar told CNBC.com “In the future, I think it’s pretty clear to me there will be a universal payments network that will operate.” That will involve a “public ledger that people can see and can’t change arbitrarily” and letting people “use things they’re used to, like dollars and euros.”

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