Malcolm CasSelle is the Chief Information Officer (CIO) who is an innovator and leader as it pertains to virtual goods. The Worldwide Asset eXchange (WAX) is a decentralized platform that allows people to operate in a virtual marketplace. WAX was hatched as an essential service for millions of online players who currently purchase, collect or sell items used in video games.
These WAX Tokens are utility tokens work with virtual goods. Tokens are not only for use with video games, but also a means of exchange to cryptocurrencies like Litecoin, Bitcoin, and others.
CasSelle’s WAX Platform provides millions of virtual goods traders to build their virtual stores on one, decentralized system online. With this novel system — ecosystem for virtual good traders — it is secure and robust. The trust factor is a selling point for millions of new gamers who will use WAX. A very important point about WAX is that two parties involved in the transaction of virtual assets can trade efficiently.
Because of this WAX platform, traders of virtual goods will have two fewer detriments like fragmentation and fraud to fret over.
A video gamer using WAX will never have to click out of their game area while the widget is used. Purchasing and also selling virtual goods is a seamless process using this WAX widget.
The Delegated Proof of Stake (DPOS), aka, consensus algorithm is an integral part of the blockchain technology involved with WAX. The blockchain technology (DPOS) that integrates with WAX is desired because it is one of the most efficient, flexible, decentralized and fastest consensus models available, today.
Malcolm CasSelle believes strongly in his state-of-the-art blockchain technology-based system. Mr. CasSelle said that video gamers would be the ones who pushed cryptocurrency into mainstream use.
Regarding his educational background, Malcolm CasSelle earned a Bachelor’s of Science from MIT in 1991 and a Master’s degree in Computer Science from Stanford University in 1994.