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This episode of "Life’s Tough, You Can Be Tougher” features Jesse Lund who leads Blockchain and Digital Currencies for IBM. IBM Blockchain World Wire makes it possible for financial institutions to move money across borders in seconds, instead of days. With blockchain, money is digital and transactions are much quicker and less costly because the need for multiple intermediaries is eliminated. Blockchain gets its name from the way it allows transactions to occur. Details about an individual transaction are encoded into a block of digital data with a unique identification. Each block is tied to the one before it and the one that follows it. The result is a “chain” of immutable transaction history, a blockchain. Jesse has been in his present position at IBM since January 2017. Prior to that, he served on the Executive Steering Committee at R3, an industry-wide collaborative for blockchain technology, where he represented the interests of Wells Fargo. His affiliation with Wells Fargo also included tenure as head of its Innovation Labs, a unit that developed advances in a range of technology areas for financial services, including blockchain banking, digital currencies (including cryptocurrency), foreign exchange & cross-border payments, cyber security and cloud computing. After graduating from Pepperdine University with a degree in finance, Jesse went on to earn an MBA in marketing from the Pepperdine Graziadio Business School. He also has a master’s degree in theology and ethics from Fuller Theological Seminary (Calif.). Life’s tough – you can be tougher, like Jesse Lund, who describes his professional life in three brief phrases: “Big thinker. Rueful banker. Crypto champion.”
Welcome to the second episode of IBM Blockchain Pulse — the podcast that explores different blockchain use cases with leaders in the space! In this week’s episode, your host, Matt Hooper, is joined by two leaders — Jesse Lund and Jed McCaleb — to discuss cross-border payments. Their conversation today is all about financial transactions — making them frictionless, seamless, and available for everyone. Jed McCaleb is the co-founder and CTO of Stellar.org — a platform that connects banks, payment systems, and people. Their goal is to make money move around the world the way information does, post-internet. Jesse Lund is the Head of Blockchain Solutions for Financial Services at IBM. Currently, he and his team are trying to commercialize all the good that Jed is doing with Stellar by helping bring commercial and cross-border payments to the world using the Stellar protocol. Today’s interview is incredibly illuminating. They discuss the origin of the collaboration between Stellar and IBM, what they’re currently working on together, their goals and plans for 2019 and beyond, their thoughts on public vs. private blockchain networks, and much, much more. Key Takeaways: [:01] About today’s episode! [2:52] Jed and Jesse introduce themselves and explain what each of them does in the space. [4:08] Jed’s background and motivation to creating Stellar. [5:58] The commercialization that Jesse and his team are working on. [8:08] How Stellar is defining their protocol. [9:44] When will decentralized application layers (DApps) take off? [12:00] As someone who started a .org, did Jed think that one day he’d be facing this sort of customer base that is so commercially-focused on the opportunities for blockchain? [14:45] How did this collaboration between IBM and Stellar come about? [18:52] What was the white space that Jesse and Jed saw with regard to cross-border transactions that allowed it to be the first use case to test? [22:02] Jed’s experience working with IBM and how he has found the collaboration between the two. [24:13] Jesse’s theoretical pitch to entrepreneurs (like Stellar) to work with IBM. [26:50] Stellar’s role in economic advantages and incentivization for those who might otherwise be left out of the system as it stands made possible by the power of blockchain. [28:06] Check out IBM Blockchain World Wire to learn more about World Wire and what Jesse and Jed are talking about on today’s episode! [29:15] The web and its many applications have allowed for a handful of companies to become some of the most powerful ones out there when it comes to controlling people’s digital identities and the way information works. Some would argue that this means that the internet has not lived up to its original promise of being inclusive for everyone. As Jesse and Jed are building new platforms, tools, and applications, is the current situation of the web and the world something they think about and design for? [33:23] Jed explains what happened in Q4 2018 with the creation of Interstellar. [34:33] What excites Jed and Jesse in this collaboration, some of the great results they’ve seen this past year, and the latest news about JPMorgan Chase. [37:00] Is there a need for banks in the next few years? What will a bank look like in 10 years? [39:33] What does 2019 look like for the collaboration between Stellar and IBM — both technically and philosophically? [41:15] Jed gives his take on the public/private network shift with blockchain in the corporate space. [42:55] The exciting news IBM has planned for 2019: the launch of the World Wire network! [44:05] Matt thanks Jed and Jesse for joining him this podcast! Sources Mentioned: Stellar IBM Blockchain World Wire Decentralized Application (DApp) Venmo Apple Pay Cash Interstellar JPMorgan Announces USD Stable Coin Follow-up with Our Guests: Jesse Lund Jed McCaleb’s Profile on Stellar Looking for More Episodes? Visit IBM Blockchain — and for news and updates, follow @IBMBlockchain on Twitter!
What is Stellar? Stellar is an open source protocol for exchanging money. It is a decentralized peer-peer cryptoc8urrency. Stellar focuses on payments between merchants and people. Stellar was founded in 2014 by Jed McCaleb. Why is Stellar trending right now? Stellar has been in the spotlight recently following a couple of big announcement including hiring a new CEO, several partnerships, and new services. What is “World Wire”? World Wire is a blockchain based payments system using the Stellar network to settle and clear payments across global borders, using XLM as its native currency. It is active in 72 countries around the world. World Wire aims to innovate the banking sector and allow banks to use its existing blockchain to provide services for customers without creating their own blockchain. Also, it can provide these services for a very low fee. Key Partnerships IBM - Stellar has partnered with IBM for several years and they are working together to create innovative banking solutions, such as World Wire which was released last September. They have partnered with 6 major financial institutions to use their World Wire platform for new banking services. Deloitte - A micropayment system that decreases the cost of smaller transfers and offers incremental payment options to customers. Tempo - A remittance network designed to allow people to send money to different countries quickly, for a fraction of a cent. Facilitate low-cost payments between different currencies. Thune / Western Union. Thunes and Western Union formed a partnership to upgrade their cross border payment system. Thune has partnered with Stellar since 2018, thus making them a trio of partners. Strong Leadership Stellar hired Denelle Dixon who was the COO at Mozilla. This is a solid hire as Mozilla has been one of the leading global companies in software and internet development. Arms race in the blockchain baking sector? With Stellars new services and partnerships, JP Morgan’s stable coin, Ripple, Telcoin, and other blockchain projects, it appears there is an all out race to develop new technologies to improve banking. Is it that banks are realizing their current services are dated and losing an edge to developing technologies?
Crypto Top Stories: • Bakkt and ErisX are different • When Bakkt? Bitcoin Futures Market’s Approval Appears Stuck in Limbo Crypto Rapid Fire: • Citi Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency • CoinMarketCap Crypto Assets Now Feature Flipside Letter Grades • Crypto Exchange Bithumb to Reduce Staff By Up to 50% **Crypto YouTube: ** • I'm Turning My Hand Into a Bitcoin Wallet | CoinDesk https://youtu.be/Ihdm87Vm1y4 Crypto Twitter: • IBM x Stellar News **Music by: ** Jai Wolf - Lose My Mind feat. Mr Gabriel Support the Show: • Crypto Donations: http://bit.ly/TCrypto • Coinbase Affiliate: http://bit.ly/THXCoinbasePro Coming Up: • Thriller Studio Donation: https://www.thrillerx.com/thriller-studio Free Stuff: • Free $10 of Bitcoin: http://bit.ly/Thrillcoin • Newsletter!! #ThrillerArmy Monthly Free Crypto Giveaway: http://eepurl.com/duyoZL Credits: • Host: Car Gonzalez • Thriller Crypto: https://www.thrillercrypto.com • Be Guest on Thriller Podcast: http://Bit.ly/GuestOnThriller
Car discusses the IBM announcement today that its global payment network, IBM Blockchain World Wire, has “enabled payment locations in 72 countries, with 47 currencies and 44 banking endpoints." Music by: Mansionair - We Could Leave Support the Show: • Crypto Donations: http://bit.ly/TCrypto • Coinbase Affiliate: http://bit.ly/THXCoinbasePro Coming Up: • Thriller Studio Donation: https://www.thrillerx.com/thriller-studio Free Stuff: • Free $10 of Bitcoin: http://bit.ly/Thrillcoin • Newsletter!! #ThrillerArmy Monthly Free Crypto Giveaway: http://eepurl.com/duyoZL Credits: • Host: Car Gonzalez • Thriller Crypto: https://www.thrillercrypto.com • Be Guest on Thriller Podcast: http://Bit.ly/GuestOnThriller
Crypto Top Stories: • IBM is using XLM! World Wire interview with Jesse Lund Crypto Rapid Fire: • Mining Giant Bitmain Posts $500 Million Loss in IPO Financial Filing • Coinbase Acquires Blockchain-Tracking Startup Neutrino for Undisclosed Price • Crypto Startup TrueDigital Hires CEO from World’s Largest Hedge Fund • Survey: Half of Millennial Investors Trust Crypto Exchanges More Than Stock Exchanges Crypto YouTube: • Tesla CEO Elon Musk: Crypto Is Better Than Cash ark-invest.com Crypto Twitter: • You Can Now Send Bitcoin Tips Over Lightning on Twitter https://tippin.me/@ThrillerPodcast Support the Show: • Patreon: http://bit.ly/patreonThriller • Crypto Donations: http://bit.ly/TCrypto • Coinbase Affiliate Link: https://coinbase-consumer.sjv.io/ThrillerCrypto Coming Up: • SXSW Sponsorship: https://www.thrillerx.com/about • Thriller Studio Donation: https://www.thrillerx.com/thriller-studio Free Stuff: • Free $10 of Bitcoin: http://bit.ly/Thrillcoin • Newsletter!! #ThrillerArmy Monthly Free Crypto Giveaway: http://eepurl.com/duyoZL Credits: • Host: Car Gonzalez • Thriller Crypto: https://www.thrillercrypto.com • Be Guest on Thriller Podcast: http://Bit.ly/GuestOnThriller
All Women should read this guide or listen to this podcast. If you want a printed version, you can get it here. http://bit.ly/BreastCancerFreeGuide Here are the links in the show. The easiest place to start is with the government's own list of cancer-causing agents. They actually have 3 lists: 1) things that definitely cause cancer, 2) things that probably cause cancer, and 3) things that most likely do cause cancer. http://www.cancer.org/cancer/cancercauses/othercarcinogens/generalinformationaboutcarcinogens/known-and-probable-human-carcinogens For further reading on glutamate, this is a great summary. http://neurotransporter.org/glutamate.html How I avoid this sneaky pitfall? I try hard to avoid these 3 things. 1.) L-Glutamine. This is a very popular amino acid supplement for intestine problems. I've had 2 patients taking this without my knowledge and accidentally discovered this. There are better ways to heal the guts. 2.) MSG. Monosodium Glutamate and all its derivatives. That list is too big to put here, so to read more sneaky names go here www.truthinlabeling.org/hiddensources.html The food manufacturers are wise to the fact that people are avoiding MSG so they often use one of the sneaky names in the ingredients on the back label. Never believe the front label, always read the ingredients on the back. ============================= "Breast Cancer Break Through. Cut Your Risk In Half. " http://articles.mercola.com/sites/articles/archive/2011/02/14/beating-breast-cancer-a-guide-to-prevention-treatment-and-recovery.aspx ============================== According to a World Wire press release: (Do read this) http://www.world-wire.com/news/0911240002.html Here is what they had to say. "Routine mammography delivers an unrecognized high dose of radiation, warn Drs. Epstein and Bertell. If a woman follows the current guidelines for premenopausal screening, over a 10 year period she would receive a total dosage of about 5 rads. This approximates the level of exposure to radiation of a Japanese woman one mile from the epicenter of atom bombs dropped on Hiroshima or Nagasaki." “Mammography is a striking paradigm of the capture of unsuspecting women by run-away powerful technological and global pharmaceutical industries, with the complicity of the cancer establishment, particularly the ACS, and the rollover mainstream media," they warn. Whether you get a mammogram or not is purely up to you, but please don't rely on that alone. Here are more resources for you to read. More resources: More things you should know about mammograms. http://articles.mercola.com/sites/articles/archive/2008/11/06/breast-cancer-prevention-s-dirty-little-secret.aspx Moving beyond mammograms and into Thermography http://articles.mercola.com/sites/articles/archive/2008/12/04/why-mammography-is-not-an-effective-breast-cancer-screen.aspx