Cryptocurrency and blockchain are two of the most familiar words that we hear recently. These technologies are known to economists and financial experts as the future of currency. Cryptocurrency is a system using digital money that is controlled by no one. It is decentralized, and no banks on the planet can control them. Blockchain on the other hand, is a recent technological development which allows secure trading. It has a growing list of records and transactions known as block, and these are linked together. These blocks have a timestamp in them, and every transaction is recorded through a series of codes. Malcolm CasSelle, an American entrepreneur, made use of these technologies and integrated them into the gaming world.
Malcolm CasSelle is the current chief investment officer (CIO) of OP Skins, a company which monitors online virtual trading. He introduced a new system that would provide secure trading to more than 400 million online gamers, and he called the system as WAX or the Worldwide Asset Exchange. The objective of WAX is simple – decentralize trading among players, and prevent fraudulent transactions.
For starters, all they have to do is to download the application and start trading virtually. What happens when an individual uses WAX is that the trade will successfully go through without any hassles, and all fraudulent transactions will be detected, and the victims will be alerted. WAX has been praised by the gaming community, stating that it will be the future of online gaming. Malcolm CasSelle thanked those who have appreciated his recent development, and he promised the gamers that he would be doing everything that he can to improve the system.
A graduate of MIT Stanford University, Malcolm CasSelle is one of the most successful virtual entrepreneurs on the planet. His company is one of the fastest growing technology companies, and because of the success that he is experiencing right now, Malcolm CasSelle decided to divest his earnings into other profitable investments like the stock market. Malcolm CasSelle continues to become an inspiration for technology enthusiasts who wanted to bring change to the society.