Jed McCaleb is the cofounder and Chief Technological Officer of the Stellar Development Foundation. The foundation hosts Stellar a free, open source network that lets anyone build low cost financial products for their community. He also founded Ripple.com in 2011. He currently serves as advisor to the Machine Intelligence Research Institute, a nonprofit founded to ensure creation that machine intelligence has a positive impact. A champion of democratic economic participation and decentralized systems, he believes that technology and programming should improve the human condition.