Connecting the global financial infrastructure is very important to make money more fluid. When there is more liquidity markets are more open and people feel more empowered.
Thus, Stellar are involved in the processes of connecting the global financial infrastructure, thus making payments quick.
The GBBC Virtual Members Forum with Justin Rice, Head of Ecosystem of the Stellar Development Foundation and Lauren Thorbjornsen, Head of Communications at Stellar Development Foundation have been discussing on how Stellar is connecting global financial infrastructure to create equitable access to the global financial system for individuals from across the world.
This webinar is part of the GBBC Virtual Members Forum, which is a biweekly webinar series showcasing the innovative work of their members around the world.
Justin Rice, spoke on behalf of developers building on the Stellar network. He also coordinates the members of the Stellar ecosystem with the ultimate goal being to ensure the growth and development of that system.
Justin got used to the Stellar technology and its benefits when he was in product development. He has helped build an exchange known as StellarX, which makes use of the Stellar open-source technology.
Lauren Thorbjornsen, Head of Communications at the Stellar Development Foundation (SDF), is responsible for SDF’s communications and public relations activities, building Stellar’s reputation as the blockchain that people know and trust.
The complete webinar on YouTube runs for 45 minutes and 50 seconds searchable: The Stellar Development Foundation presents on “Open Networks: Connecting Global Financial Infrastructures.” Those who are very keen to know more might want to check the entire content of the Webinar.
It details on several stuff like how value is represented on Stellar, the technology behind Stellar, and how value moves on Stellar.
They establish on how the assets on Stellar is useful in creating a universal payment network and on how it is redeemable and a tradable representation of any asset. And on how it is most useful when tied to fiat currencies like BRL, USD etc. It covers for a wide range of details like asset issuance. Explains how the Stellar network is made up of nodes, global ledger, decentralization and a range of other stuff.
Users will also get to know about holding balances, signing transactions, issuing assets, accessing control by making use of public and private key cryptography and on how the transactions happen from one block to the next and a lot of other intricate details.
For those who are new to Stellar and even for those who are experienced, it is going to be good to know how to move value across currencies and on how tracking and settlement happens. Further users will know how buyers and sellers are automatically connected with each other and on how any asset can be exchanged for any other asset.
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