Jed McCaleb Working On A Universal Payment System

Jed McCaleb is the creator of the first centralized exchange that was known as Mt. Gox bitcoin. At the height of its popularity, this was the biggest exchange platform for bitcoin. It was making over 80 percent of all the transactions in the industry. The platform did not require one to have a second party in order to transact. The platform was hacked later after he sold it to another tech expert in the industry. The fall of Mt. Gox affected the prices of bitcoin at the time by a huge margin. The hacking happened when Jed McCaleb had already transferred ownership as was therefore not responsible for any of the failures of the platform.

Jed McCaleb had joined the blockchain industry in 2010 after reading an article about the potential that bitcoin had. He had always wished for a currency that could not be controlled from a central location. This currency finally came in the form of bitcoin. The creation of bitcoin opened possibilities for the creation of more cryptocurrencies. Currently, there are numerous of them which are in the industry. The industry continues to grow day by day offsetting any challenge that has been there for the past few years.

Jed McCaleb is an industry innovator who wants to see the blockchain technology being used in all sectors of the financial industry. The biggest challenge currently is a lack of universal payment system which can be used for cryptocurrencies. With awareness about the cryptocurrencies still being created, there is a lot that still needs to go on for the cryptocurrencies to be utilized as they should.

With blockchain technology, Jed McCaleb is determined to change the industry. He is working on a new payment system. The universal payment system will allow people to transact freely with cryptocurrencies. Just like other currencies are being used today. One will comfortably pay with the digital currencies, and the money will be received in the form that the recipient wishes for.

Jed McCaleb is currently the co-founder of Stellar which is conducting this research. With a universal payment system, even non-crypto assets will be digitized.

You should read this CNBC article about McCaleb:

Chris Burch Opens Nihi Sumba Resort: A Paradise in Indonesia

Nihiwatu Sumba is a resort made by Chris Burch which offers accommodations in a natural yet luxurious setting. Located at the heart of the jungle in Sumba Island, Nihiwatu is a lovely retreat place for couples and families who want peace and relaxation.


Hotel Amenities of Nihiwatu Resort

  1. Wide Variety of Luxurious Villas

Nihiwatu resort hosts 33 individually designed room to fit any of the guest’s particular needs. These villas are designed with natural materials such as wood, stone, and other local items. This 5-star resort also offers accommodations which have a splendid view of the Nihiwatu beach. Some rooms are also located nearby their outdoor pool so that guests can enjoy a quick dip before doing other activities.

  1. Several dining options

There is also a wide variety of dining options in Nihiwatu resort. Firstly, they serve complimentary breakfast for guests who are staying in the hotel daily. There are also two choices for dining locations within the resort, such as the Ombak Restaurant. Ombak serves international cuisine with a fusion of local flavors. The Nio Beach Club & Pool is their official poolside bar that serves refreshment and light snacks for guests.

  1. Snorkeling, Safari, and Full-Service Spa

Whether you are an adventurous type or you’re someone who is into relaxation, Nihiwatu resort offers a variety of onsite activities you can enjoy. Since the resort is near the Nihiwatu beach, Nihu Sumba offers a snorkeling tour. There is also a safari tour that guests can avail to see Nihiwatu’s lush jungle. The resort also offers luxurious spa services for those who want peace and tranquility.


About Chris Burch

Chris Burch is the CEO and founder of Burch Creative Capital. The company is involved in partnerships with many entrepreneurial avenues and market opportunities across many industries. His vision is characterized by imagination, innovation, profitability, and impactfulness. Chris Burch has been an entrepreneur for 4 decades of his life. He has become a member and took administrative positions in more than 50 companies throughout his career. His ability to identify consumer behavior and quick-spotting market opportunities allowed him to be one of the most beneficial assets of all the companies that he has served with.

At present, Burch Creative Capital includes a variety of businesses in their portfolio such as ED by Ellen Degeneres, TRADEMARK, Cocoon9, and Poppin. Chris Burch was also involved in the development of Faena Hotel + Universe, Voss Water, and Jawbone, see (

Sujit Choudhry’s Views on Modern Democracy

Sujit Choudhry is an internationally respected man whom has deep knowledge of the political landscape. His knowledge on constitutional design is truly second to none in the international community. He is most known for his writing on Canadian constitutional law, see also his ( In his upcoming book “Constitutional Democracies in Crisis?”, Sujit Choudhry looks at the recent situation in the United States of America. In a recent article on the website Release Fact, Sujit Choudhry talks about the current state of democracy in today’s political world.

Check out this link, (

The basis for Sujit Choudhry’s argument is a tweet made by former attorney general Eric Holder last winter. It mentions how President Trump firing Bob Muller would be the absolute red line he must never cross. This idea is based on two concepts of Democracy that you can check on The first being an invisible “Red line”, a constitutional boundary that must never be crossed. The other is the power of the people, whom will be charge to determine consequences if the red line threshold is crossed. The idea of this constitutional self-enforcement surprises Sujit Choudhry, since the attorney general did not mention any legal action.

The article goes on to describe the idea of democratic backsliding. This is when an elected official begins to bend the system to suit their needs. Unlike in the previous eras with coup d’états and autogolpes, this process is done with entirely legal means. He cites an example with Weimar Germany. A country that was captured from the inside, and then forcefully changed. This threat to democracy is ever present in our rapidly changing everyday world.

There are few men as talented as Sujit Choudhry in the international community. His comments regarding President Trump’s recent actions should be taken to heart ( democracy is only as good as the citizens running it. Negligence can lead a country on the path of democratic backsliding. Sujit is a well-versed individual on the constitutional process, and will continue to be guiding force for countries well into the future.

EOS Lip Balm Review

In a recent EOS lip balm review there were only good things to hear about the unique product. For the first part of it, the fact that the lip balm is placed in a container that is shaped like an egg, which is different from any lip balms ever made. The EOS container stands out from the cylindrical tubes of the other companies lip balm, check here at (

But perhaps one of the greatest parts about EOS lip balm is that it is made with completely natural products so they are safe for everyone. They are made with hypoallergenic, dermatologist-tested, and gluten-free ingredients. Some of them also use shea butter, jojoba oil, and beeswax. There are also several different unique flavors to choose from, which also stands out from the traditional flavors of peppermint or cherry. This is great if you like to switch flavors every now and then because with EOS you are not limited to just a couple.

Another advantage of this product is that it is good for your lips. There are products for damaged lips. EOS lip balm hydrates your lips without leaving them sticky and messy. They are the perfect lip balm to keep your lips looking and smelling great!

Go to to read more.


An Insight into Alex Pall Music Career

Alex Pall started out small as a DJ in New York City. Even though DJing was a side job, he discovered he was so passionate about it. His love for music and dance saw him quit his job at an art gallery, at first though Alex Pall was scared of pursuing the DJ job in New York as most people viewed it as fun, not as a job.

His current manager immediately introduced him to Drew who moved from Maine and off their music journey commenced. Both Drew and Alex Pall knew what their musical ambitions were and this made them kick off well.

They started out by observing what was trending in the music industry and this helped them shape their career to fit in and stand out. Drew was talented in production while Alex Pall was into social marketing.

Standing out in the competitive music industry required them to work together daily and have core values that would create better artists out of themselves. They work with various, but the inspiration behind the song is from them.

Alex Pall and Drew often find themselves under pressure to create an album from their fans and Labels however they never want to put out a collection that consists of songs that do not have anything to do with them.

Alex Pall has worked with Hadley on “closer” and described her as incredible. She is one of the top artists that they have always looked forward to working with as she is unique. Drew wrote the song closer on tour bus.

The song has seen them geared to the right direction. Alex Pall works towards not having many followers in different parts of the world but also having people’s emotions connect with the music.

Alex Pall and Drew have had three exciting live shows all over the world however they are now moving away from living presentations to organizing huge festivals. They are also working towards mixing videos for live shows with DJ shows.

Alex Pall avoids being complacent by offering new experiences to their fans and going beyond new boundaries.

Southridge Capital – CEO Stephen Hicks Runs a Tight Ship

Stephen Hicks is the CEO of Southridge Capital. His company’s services include advisory and structured finance options for public companies. His company offers a full spectrum of financial solutions and works with a diverse group of clients. A main element of success is the company’s core business team. Southridge Capital has exceptional knowledge and insights about the marketplace. The company is also expert at creating and executing company financial plans that deliver on expectation.


So far, Southridge Capital has invested close to $1.8 billion into companies that show solid signs of growth. The company has financed other companies since 1996, and have assisted over 250 public companies during their tenure. The company’s professional team has the knowledge, skills, and expertise to consult and advise on any business issues that pertain to public companies.


In an interview with IdeaMensch, the CEO of Southridge Capital shares how the ideas of Southridge Capital orginated. Since his firm’s principal planned to return to Australia, Hicks decided to branch out on his own since it would take a year for the company to wind down. His success speaks for itself. For more details check out ideamensch.



A typical day for the CEO of Southridge starts by reviewing his portfolio and making a list of things that he and his staff could accomplish for the day. He divides his time between looking for new opportunities and making sure his current investments are on track for performance. You can visit their website



Now, many of his ideas and deals come to life through people that bring those deals directly to his company. His company is also expert at finding those companies that can use his products and services. Cryptocurrency and pot are two trends that his firm is watching closely at the moment. When companies like Southridge Capital look closely at market trends, it means there is a lot of market potential. Both Stephen Hicks and his company are on the move.



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College Dropout David Zalik Founds Billion Dollar Company GreenSky Credit

If you like a story about an unusual start in the business world that ends in originating a billion-dollar corporation, then reading about David Zalik is for you. From Zalik’s first experiences owning a company to inventing an almost risk-free lending model, his accomplishments are worth examining.

Zalik and his parents moved from Isreal to Alabama when he was 4 years old. After acing the SAT’s, he skipped high school and went to Auburn University. At Auburn, he bought computer parts, built computers, and sold them for a profit. Soon he dropped out of college to focus on the business which he named MicroTech. When he was 22, he sold MicroTech for a few million dollars. From there he invested in a bank and started a consultancy firm. Both businesses failed, but the lessons Zalik learned in the process led to GreenSky Credit.

GreenSky Credit offers loans for home remodeling projects, using building contractors as salespeople. The contractor can offer the homeowner instant financing through a GreenSky Credit app. With an excellent credit score, it only takes 40 seconds to get an approval with no interest and no payments for the first year. This access to credit helps sell more expensive remodeling jobs.

The real value of this business model is that it transfers most of the work and risk to outside parties. Contractors pay 6% of the loan balance to use the app which matches the customer to a bank that makes the loan. Banks pay 1% of the loan balance to get the loan and have GreenSky Credit service it. Since the banks make the loan, GreenSky Credit is not responsible for any defaults. They are a middleman that turns a profit on each side of the transaction for servicing the loans.

David Zalik has gone through successes and failures in business, using both to found a company whose profit margins are around 25% with $250 million in revenue a year. He has definitely had a notable career.

Hussain Sajwani Shapes the Real Estate Industry in Dubai

Successful people are always envied and admired by many individuals. Regarding success, today’s discussion will revolve around Hussain Sajwani and the recent interview he had with Ideamensch. To start with, Hussain Sajwani’s success is measured through his real estate company known as DAMAC Properties. As the founder and current chairman of DAMAC Properties, Hussain Sajwani is commonly referred to as the DAMAC owner.

Introducing Hussain Sajwani

Hussain Sajwani is an educated fellow. As a man who graduated with a degree in Economics and Industrial Engineering from the University of Washington, Sajwani has come a long way while trying to achieve his goals in life. After graduating, Hussain Sajwani had the privilege of working at GASCO as a contracts manager. He served at the company for two years.

Because Hussain Sajwani’s vision entailed becoming a successful entrepreneur one day, after working at GASCO for two years, Sajwani decided to take the biggest gamble in his life. He decided to delve into entrepreneurship. Since he had saved some money after working as a contracts manager for two years, he pumped the capital towards a catering business whose services were in high demand after being established in 1982. The catering business was serving an approximate of 150,000 meals a day to clients all over the world starting with the Middle East and even Africa.

Hussain Sajwani founds DAMAC Properties.

Since an entrepreneur always seizes any opportunity that has presented itself, Hussain Sajwani saw that an opportunity had presented itself in the real estate sector. Without hesitation, he founded DAMAC Properties to bridge the demand and supply curve. As the DAMAC owner, Sajwani has dedicated his lifetime efforts towards making sure that DAMAC Properties has succeeded through all means possible.


In every business, clients are the primary priority. Whenever the client is happy, the business entity gets some form of satisfaction thanks to the services rendered to the clients. To maintain client satisfaction, Hussain Sajwani, the DAMAC owner has always ensured that the clients are offered property that guarantees value for their money. As a result, the DAMAC owner has always been a step ahead of his competitor’s thanks to the business strategies that he has been deploying over the years.

From this webpage:

The Success of Hussain Sajwani as DAMAC owner

It’s not easy managing a company that was ranked number one by Forbes 2017 Global 2000. To reach the top level, you need dedication and focus on actualizing a dream company. Hussain Sajwani has managed to develop an empire through these values. He is the founder of Damac Properties, a real estate development company.

Hussain studied at The University of Washington. After completing his studies, he took up a job as a Contract Manager in GASCO. GASCO is a subsidiary of the Abu Dhabi National Oil Company. After working there for a while, Hussain Sajwani created his venture. He started out in the catering industry with the Draieh Management Services. In 2002 he discovered a niche in the real estate market in Dubai. His business prospects have made Mr. Hussain the fourth richest man in the United Arab Emirates.

Damac Properties is a company on the rise. At the end of the year 2017, Damac’s share price had risen from Dhs 2.69 to around Dhs 3.4. This was good news to Hussain whose net worth had increased from 3.7 billion to 4.3 billion according to Forbes magazine. Damac hands 50 % more units than any other company. Asked about sales, Hussain Sajwani, the DAMAC owner, believes that the company will exceed its targets. The target was 1.9 billion in sales. Damac’s growth saw it create Akoya, later renamed Damac Hills. The property is 42 million square foot. It featured Villas, apartments and branded mansions. A golf course was also put up after a partnership with the Trump Organisation. Damac Hills project was launched in 2013. In 2014, a larger plan, The Akoya Oxygen, which covers fifty-five million square foot, was unveiled.

Hussain has attributed the success at Damac Properties to the company’s ability to evolve with changes. In real estate, you need to change quickly with circumstances and accept market realities. How you deal with these changes also matters. For example, in 2012 Hussain observed that the market was moving and during the Arab spring there was a large number of people coming to Dubai. He then decided to set up the two projects, Damac Hills and Akoya Oxygen.

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The inspiring story of Canadian Businessman Louis Chenevert

The role of Canadian Businessman Louis Chenevert in increasing the production capacities of the form he worked with is impressive. The former CEO of UTC is one of the people who has achieved great careers by applying honesty and hard work in their careers. Louis Chenevert story shows of a man who has worked with dedication and commitment to realize what is rightfully his. He has earned a good name in the corporate sector by ensuring that the companies he has worked for have recorded huge profits. His most prominent position is that of the CEO of the United Technologies Corporation. However, even before this happened, there are others he had worked for and proved his value to them by streamlining the operations in such a way that the production capacity went all the way up.

Louis Chenevert is a graduate of HEC Montreal School of Business. He learned how to lower cost of production and to run a business in such a way that they could make profits regardless of the economic environment. Armed with his degree, he ensured that all would be well for all the organization he worked for. His first employment opportunity was in General Motors. He was given the role of a production manager in one of the production lines. He made production so easy that the plant was producing one car in every one minute.

After working for 14 years in the production department at GM. He decided it was time to move on. He took a position in the aerospace. Pratt & Whitney Canada employed him. His role was similar to that of GM. He was to oversee production in the company. When he took the mandate, he made sure that there was quick growth in the plant by facilitating faster production of jet engines. His performance was noted by the main Pratt & Whitney in the USA, who took him as the executive vice president.

Louis Chenevert was appointed the CEO of UTC in 2008 after showing incredible results at Pratt & Whitney. His performance was so good that he lowered production time from 2 years to 9 months. He also initiated the production of the geared turbofan engine.