AWARD YEAR
2019
CATEGORY
Community
GOALS
Innovative Financial System
KEYWORDS
banking, money transfer , Payment
COUNTRY
United States of America
DESIGNED BY
Stellar Development Foundation, Jed McCaleb, Joyce Kim
WEBSITE
https://www.stellar.org/
Stellar
A platform that connects banks, payments systems and people.
Stellar is an open-source protocol for exchanging money using blockchain technology. The Stellar network can quickly exchange government-based currencies with 2 to 5 second processing times. The platform is a distributed ledger maintained by a consensus algorithm, which allows for decentralized control, flexible trust, low latency, and asymptotic security.