Stellar’s Jed McCaleb: What’s New on the Upgraded Stellar Network | Bitcoin Magazine

Stellar is a fully decentralized payment network that allows anyone to send and exchange any currency. It can act as a decentralized exchange for bitcoin. Why Stellar? After years of working in the fintech space, I realized that the world’s financial infrastructure is fundamentally broken, leaving billions without resources.

As a result, Joyce Kim and I co-founded Stellar.org to create an open standard for financial technology. Since anyone can participate in the network, it can be particularly helpful f

Source: Stellar’s Jed McCaleb: What’s New on the Upgraded Stellar Network | Bitcoin Magazine

Joyce Kim: 6 million financial transactions for just 20 cents (Joyce Kim, Stellar) : PopTech : Free Download & Streaming : Internet Archive

Joyce Kim, PopTech Fellow and Executive Director of Stellar.org, explores how the global financial system is a highway littered with roadblocks and tolls. Joyce discusses how connecting siloed systems with an open source financial network can foster affordable access to the economy.

Source: Joyce Kim: 6 million financial transactions for just 20 cents (Joyce Kim, Stellar) : PopTech : Free Download & Streaming : Internet Archive

Merchant solutions could be the answer to mobile money issues | IT News Africa- Africa’s Technology News Leader

The mobile money agency system has made huge progress in increasing access to financial services and reducing the cost of transactions, though in terms of serving the “last mile” – those wishing to make single dollar transactions – there is still much to be done. But the answer may be staring us in the face, says Vahid Monadjem, CEO of Nomanini.

In disrupting the traditional financial system, with its reliance on formal tellers and ATMs, mobile money and its agency model have taken off across Africa. According to Frost & Sullivan, the value of mobile money transactions in Sub-Saharan Africa reached USD 656 million in 2014, and may more than double to USD 1.3 billion in the next four years.

Source: Merchant solutions could be the answer to mobile money issues | IT News Africa- Africa’s Technology News Leader