Jed McCaleb interview at CNBC talks about a new universal payment system

Jed McCaleb is one of the early innovators in the blockchain technology. He joined the industry in 2010 after reading an article about bitcoin. The article, detailed information about the possibilities which would be created by the new cryptocurrency and Jed McCaleb took the initiative to go deeper and look for the benefits he would realize applying this technology. He subscribed to bitcointalk which is a forum that had about 200 followers by then. So, he was among the first people to know about bitcoin. He started seeking information about the digital currency hoping that he would benefit from the benefits that it was creating in the market.

As per CNBC, Jed McCaleb joined the industry at a time when not many people were even concerned about the technology. When he joined the first thing he did was creating an exchange platform known as Mt. Gox. This is platform that was unique from the rest in the industry at the time. Mt. Gox could be used to transact with no need of a second party as it happened with other platforms. Mt. Gox succeeded in changing the industry in a short time. It was being used to complete 80 percent of all the transactions involving bitcoin. In developing this technology, he managed to become one of the key people in the blockchain industry. His subsequent contributions have been great also. He has worked with various organizations until now that he has decided to start something of his own known as Stellar.

Jed McCaleb is the co-founder of Stellar. Stellar technology is hoping to make a payment system that will allow cross-border transaction people with cryptocurrencies will be able to transact with them just like any other currency. The payment network is currently being developed by IBM using the Stellar concept. Large banks in the world have been incorporated so that they can facilitate the transaction.

According to McCaleb, he sees a great a future for blockchain technology. He is predicting that in the next one decade, there will be a universal payment system that will facilitate transactions of all currencies and even non-crypto assets. This payment system will change the whole banking industry significantly. Connect with Jed McCaleb on LinkedIn.

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The political life of Francisco Domenech

Francisco Domenech was one of the co-chairs of the Hillary National Finance Council and a former superdelegate of the Democratic National Committee of 2008 and 2012, after becoming the committeeman for the YDA, Young Democrats of America. Mr. Domenech served as the campaign spokesperson of Hillary Clinton in Puerto Rico and with his victorious campaigns, he had the pleasure of sitting down with former president Bill Clinton in Guavate Puerto Rico to have one or two beers.

Mr. Francisco Domenech became the president of PRYD ( Puerto Rico Young Democrats); during his services as the PRYD’s president. Mr. Domenech was in charge of a 14 team young Puerto Rican professionals that led the campaign for the Edwards/Kerry ticket for a few weeks in Central Florida.

During the 2003-2004 gubernatorial campaign of the former Governor Pedro Rosello, Mr. Domenech volunteered extensively in organizing the political campaign in island-wide, and in research activities to understand the opposition. In November 2004, Mr. Francisco Domenech organized The Fall National meeting of YDA in San Juan, Puerto Rico. Visit to learn more about Francisco.

In 2005, Domenech was elected by the YDA as its Development vice president and on July 21st, 2007, he was the member of the DNC where he was elected as a committeeman of the Democratic National Committee. He was then re-elected for the same position in 2010 for his last term before he became of age to leave the youth organization.

In the last years of his time at YDA, Domenech co-founded the YDA Hispanic Caucus. He became the only person in YDA’s history to serve as a national officer for seven straight years; where he served 5 straight years as a committeeman of the Democratic National Committee and 2 years as a vice president.

Hillary Clinton appointed Mr. Francisco Domenech as the co-chair of her campaign while she was campaigning to become the president of the USA. Domenech also served as the Deputy State Coordination of Senator Hillary Clinton’s primary campaign that was conducted in Puerto Rico. He also served as Ready for Hillary co-chair, and he also participated in the coordination of the super PAC fundraiser from California to DC, and to Puerto Rico.


Luiz Carlos Trabuco Cappi Becomes a Role Model after Serving Banco Bradesco Successfully

     For young entrepreneurs looking forward to joining the banking industry, a role model comes in handy. Not only are role models well versed with the various challenges that the banking sector is encountering but also the right solutions for these problems. For that reason, Luiz Carlos Trabuco Cappi has been paraded as an admired individual who rose from grass to grace within a short period of servicing Banco Bradesco.

Background Information

Born in 1951, in Brazil’s Marilia, Luiz Carlos Trabuco Cappi attended the Sao Paulo University. While in school, he focused on scoring perfect grades in sciences and literature. Later on, he would start his career at Banco Bradesco in 1969. He joined the organization as a clerk. However, that did not prevent him from acquiring his objectives as he always aspired to be an executive leader. Given the fact that there were many opportunities to excel in the long run, he delved into the chance and did his best at serving the employees and clients.

The Major Leadership Responsibilities

Shortly after delivering his best in the entry-level job, he was asked to serve as the marketing director where he managed sales alongside restructuring resources allocation services. At the same time, he would serve as a team leader in the department of finance. Perhaps Luiz Carlos Trabuco Cappi excelled in his career because for every New Year; he was tasked with a leadership role. For example, in 1998, he was promoted to serve as the managing officer where he managed different assets under the same bank. Moreover, in 1999, he was asked to serve as the executive vice president of the bank. Following the series of elevations he received alongside the multiple roles he managed to successfully execute, it was time for him to serve as the CEO. At that moment, he realized that he had carefully shaped his career to fit into the needs of the clients alongside his staff.

The Overview

Becoming the CEO was a tall order for Luiz Carlos Trabuco Cappi. Not only did he find it interesting but also challenging in the sense that he was expected to deliver excellent results in the long run. Furthermore, as a leader, he made sure that he walked in the footsteps of his role models. For instance, since Brandao de Mello was the president at that moment, Luiz Carlos closely worked with him to draw a few but instrumental leadership tips to execute the additional tasks he was trusted to oversee.

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InnovaCare Health and How Penelope Kokkinides Leads It To Help Puerto Rico’s Healthcare

Leadership is tricky to master, let alone sustain in a company that’s always challenged by a fluctuating global market. The secret to a company’s success is to make sure that it has a leadership that has withstood the challenges in the industry. In the case of the growth and sustainability of the healthcare firm Innovacare Health, the appointment of Penelope Kokkinides and Rick Shinto as the chief executives of the firm have to be its main strengths.


It must also not be forgotten that Innovacare Health, LLC today is responsible for Puerto Rico’s healthcare direction. In fact, Kokkinides, the Chief Administrative Officer (CAO) of InnovaCare Inc, met with President Trump to address these healthcare issues in Puerto Rico. It’s everyone’s knowledge that there has been an ominous federal tax cut that has been rendered on Puerto Rico, which diminished the healthcare plan efforts and programs in the country. The plan now with Kokkinides for Puerto Rico is to establish more talks and meetings with the White House in order to increase the funding and make sure that many people can enjoy the healthcare programs made available for them.


The good thing, too, about the efforts to develop the healthcare programs in Puerto Rico today is that Kokkinides is very dedicated to generating the most creative, innovative and helpful solutions that can generate the answers that citizens in Puerto Rico would need for their healthcare.


In the interview that she did with Ideamensch, it is revealed that her dedication to working her best to find these healthcare solutions had been given a boost because of reading the book by Simon Sinek, “Start With Why”. It is the book that she also recommends to people in her community. Knowing the why of something can push a leader or an employee into doing the best that they can for the benefit of the firm.


InnovaCare Health has also been consistent with this vision of Kokkinides to deliver the best healthcare programs to Puerto Rico. With already 120 years of combined experience in healthcare delivery, there’s little surprise why thousands of patients, clients and partners have now availed the programs of InnovaCare. The population-centered programs of the company have indeed acquired a track record of providing valuable improvement in people’s lives.


It is also the vision of the physicians of InnovaCare Health to make sure that their partners and customers can get the engagement and programs that they need to have a secure healthcare protection.



The Growth of OSI Industries

OSI Industries is a leading manufacturer of food products throughout the world. They got their start as a small butcher shop in Chicago, Illinois. The company was founded by a German immigrant. After formulating with his sons and renaming the company, he was approached by Ray Kroc of McDonalds.

Mr. Kroc petitioned the company OSI Industries to make its hamburgers and ship them to the McDonald’s. McDonald’s was a fast-growing franchise under the leadership of Ray Kroc. McDonald’s has grown considerably, and with its growth, it has assisted OSI in increasing, as well.

With the ever-growing franchise of McDonald’s, OSI Industries needed to develop cutting-edge technology to produce the hamburgers and get them to the restaurants. The technology that was developed by OSI Industries was a flash-freezing method.

With the flash freezing method, hamburgers can be frozen shortly after being created. Then after being frozen, they are shipped worldwide to the many McDonald’s restaurants. This leading technology that was developed by OSI Industries and has grown considerably.

The technology helped ramp up production of the manufacturing capabilities of OSI. It also led to their global growth. With the worldwide growth, OSI was capable of growing with McDonald’s corporation.

Today OSI is the leader in protein products from sausages to pizzas. Yes, they still do hamburger patties for McDonald’s. They have global expansion in China and Europe. They have won numerous awards.

Some of the awards given to the OSI are the 2016 California Green Business Award, the 2016 Global of Honor from the British Safety Council for exemplary and management of environmental risks and the 2018 Environmental Recognition award from the North American Meat Institute.

This abundance of awards goes without saying how exemplary OSI has become in the food industry. They have grown from a butcher shop and a Chicago, Illinois suburb to a multinational company. They have gone through many identity changes. Along with their differences in business, they would change their name.

OSI has a long history of the dates back over one century. They have acquired many clients over the years. Their primary client still is McDonald’s. They have some facilities that only cater to McDonald’s.

They have become one of the world’s largest food providers. They have purchased many facilities around the globe. They will continue to grow in the next century. With McDonald’s being their number one client. OSI has no plans of stopping soon. They will continue to grow.

OSI Industries info:

HCR Wealth Advisors Provides Clients with “New Retirement” Plans

We all know that at some point, retirement will catch up with us. Therefore, many of us instigate grand retirement plans by joining groups that will organize retirement trips, home projects, or tackle hobbies. All too often, we look at retirement as a period to eventually handle everything we have always hoped to indulge in but never got the opportunity to accomplish. As such, emphasis on retirement is better placed on significant financial planning, an aspect that is inherently critical even though it does not vividly address the psychological and physical adjustments that an individual should focus on. Moreover, serious attention should be sought on some non-financial aspects of retirement, as it is important for retirees to consider their needs and plan ahead of the fateful day of retirement.

Background Data

HCR Wealth Advisors is home to many clients who aspire to plan for their retirement. In the firm’s perspective, the “new retirement” plan explores various transitions from employment to severe challenges that involve a loss of identity, regular schedule, and daily behavioral changes after retirement, among others. Moreover, this retirement plan explores social preferences, and personal development as well as self-actualization. Retiring can be voluntary as well as expected and approached more positively. Even though that is true, it is also critical to understand that if it is not well prepared for, retirement can steal the happiness associated with no longer working, thereby shifting the mood towards a negative area. For others, this period is accompanied by mood swings and fatigue.

The Benefits

Moreover, typically about 15 to 20 years are spent on financial and retirement planning. Even so, most people fail to focus on the eventuality of their retirement days. As such, HCR Wealth Advisors’ new retirement plan helps people to make informed decisions based on the use of advanced planning over and beyond the regular finances. Unlike the usual retirement plan where someone retires from work and lives off of a meager savings, HCR Wealth Advisors prepares its clients to retire to something by maintaining a continuous fine-tuning that provides plan B for retirees. It is right to say that the new retirement plan will involve a series of planning meetings to prepare the candidates for their future.

More about HCR Wealth Advisors

Established in 1988, HCR Wealth Advisors is a registered investment advisory firm that provides financial planning as well as investment strategies for clients.

Here’s how you can protect the Sandwich Generation:

HCR Wealth Advisors is not affiliated with this website.


How to Achieve Financial freedom with Freedom Checks

How to Achieve Financial freedom with Freedom Checks

Investors have one Matt Badiali to thank as they have identified a new path to more financial freedom, Freedom Checks. This is a concept that may appear new to many but it is indeed based on statute 26-F enacted by the Congress way back in 1987 for companies that deal in the USA oil and gas industry right from production to transportation.

It is said that in one’s lifetime, one is guaranteed two things; taxes and death. Taxes are the gives investor’s headaches now and then. Now, what if I tell you that you can legally avoid paying large sums to the taxman and enjoy your money in a sector that will always guarantee you good returns year in year out? An investor in the oil and gas industry gets to earn monthly or quarterly Freedom Checks and due to its low tax liability, he gets to increase his total worth. No income tax is charged in this situation as the payments are considered returns on capital invested. Read more at to know more.

One has to be on the lookout for Master Limited Partnerships (MLPs), a group consisting of 568 companies that deal in the production, processing, the storage and transportation of oil and gas, and buy a piece of their stock. This is done through stockbrokers whom you open a brokerage account with. A good investor will always be keen to follow up on companies they have bought into and when Freedom Checks are paid out you are guaranteed good returns depending on the stake amount. The MLPs don’t pay corporate taxes hence has more cash for its shareholders.

Freedom Checks do not come easy; the MLPs have to generate more than 90% of their revenues from the oil and gas processes, starting from production to transportation. They should also have agreed to make payments, up to 90% of the revenues, to their shareholders within set regular periods, monthly or quarterly.

Some of the MPLs share prices are very affordable hence one doesn’t require loads of cash to buy-in. This check payouts are said to be comparatively higher than the average Social Security payout and there are fewer restrictions in terms of age and income levels of participants. The MLPs are pretty stable in their revenue streams over different periods so a long-term investor should be assured of constant payouts as the MPLs strive to operate within the set statute. Read:



Heather Russell New Chief Legal Officer of TransUnion

Heather Russell is an impressive legal mind and strategist in business law with specialties in regulatory compliance, mergers-and-acquisitions, global financial services, data privacy and security and she is now hired on to lead TransUnion as Chief Legal Officer. After the hiring of Heather Russell, TransUnion has solidified the legal governance of their organization after the recently announced retirement of John Blenke this year.

Heather Russell will step in on June 4th as Executive Vice President and Chief Legal Officer of TransUnion and provide the corporate governance over the organization with her skill and expertise that has become part of a vast portfolio of corporate experiences. In fact, most recently, Heather Russell was a partner at the Berkeley Sander LLP, a firm where she specialized in fintech practices, the firm’s financial institutions, regulation, and also provided high-level supervisory management over the organization.

Some other organizations where she held high legal corporate experience included Bank of America and Fifth Third Bank, where she served as Senior Vice President and Associate General Counsel and Executive Vice President and Chief Legal Officer and Corporate Secretary respectively. TransUnion is adding a valuable piece to their corporate structure by bringing on Heather Russell and her unique and powerful portfolio of experiences that provide the necessary intellectual and analytical insight, corporate leadership, and governance over their legal activities.

TransUnion is a global credit institution that provides powerful information and resources to businesses and consumers. The company needs strong legal guidance and instruction to keep them in a compliance with new regulations of government protocols and policies that are continuously taking place. With the hiring of Heather Russell, TransUnion is creating an opportunity for them to breathe easier with the fact that they have hired the perfect person to head up their legal team and provide them with the necessary corporate governance to continue to thrive, flourish and build continued trust from the public.

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Luiz Carlos Trabuco, Spotlight On The Brazilian Banking Industry

In March 2018, the World Economic Forum held its 13th annual meeting to discuss the top international issues of the day. The event convened in Cologny, Switzerland and the focus of this year’s forum was Latin America. Luiz Carlos Trabuco, then Chairman of Banco Bradesco was a guest speaker. Only the most distinguished leaders in the fields of banking, politics, civil society and government are invited to attend. Trabuco’s list of accomplishments that lead to his invitation to join the forum began with his educational pursuits in São Paulo. Brazil is where he completed both graduate and postgraduate studies. Luiz Carlos Trabuco joined Bradesco in 1984, and during his tenure with the company, he held multiple head management positions including Chief Executive Officer, Chairman and President and Chairman of the Board of Directors.

Until the predetermined date of March 12, 2018, Luiz Carlos Trabuco maintained the positions of President of the Executive Board and President of Bradesco. After this date, his replacement, Octavio de Lazari Junior took over as the President of the bank. In the wake of his officially leaving Bradesco’s Executive leadership at the highest level, Trabuco was gracious in his exit. He spoke about the end of his presidency and said, “We have a timetable before the assembly to propose the board of the council,” Prior to this, there was much speculation about the timing of his departure; Trabuco did mention that originally the date was established as February 10th. However that formal deadline was extended to March for business reasons.

Read more: Bradesco anuncia substituto de Trabuco

The advisory committee of Bradesco sought an extension because the deadline related to lifting the imposed moratorium on the age limit for bank executives according to In September 2016, in anticipation of naming Luiz Carlos Trabuco’s replacement, a formal request was submitted to extend the age limit from 65 years to 67 years. There were just too many outstanding issues at the time that the board felt needed Trabuco’s input. This included two unexpected tragic events surrounding the expected successor and the Vice President and President of the Bank. However, there was never any intense pressure by the bank to effectively select a replacement.

Luiz Carlos Trabuco served as the President of Bradesco for nine years. In 2009, during the first year of his tenure, he was named as one of the most influential Brazilians. His executive skills were also recognized by Forbes magazine in 2016, when he was picked as one of the best executives in Brazil. Trabuco briefly made reference to the future of Bradesco during his departure, he mentioned that despite the economic challenges, Brazil’s future was starting to grow. Bradesco was the primary center of Trabuco’s entire career. He started as a youth, working as a clerk and remained with the bank until March 2018. The years represent many progressive changes in his career adding to the bank’s history. A history that involved Trabuco demonstrating his leadership abilities in various top management positions for 40 years.

For more information about Luiz Carlos Trabuco, just click here.