Why Malcolm CasSelle’s New Company WAX Is Important

Worldwide Asset Exchange has recently announced the development of a new critical currency which promises to help change the virtual asset exchange industry. This new cryptocurrency is known as wax tokens. Wax tokens will help to reduce the prevalence of fragmentation and fraud in virtual asset exchange. Until now most transactions in the virtual world have occurred on centralized marketplaces. While this was incredibly popular since its inception, it has since become evident that there are several drawbacks to utilizing a centralized exchange. The most prominent issues associated with a centralized marketplace are those of geographic fragmentation and fraud. Due to the centralized nature of centralized marketplaces, fraudulent activity is much easier for hackers to perform because there is only one central target that must be attacked. Additionally, since users are spread across the globe, it is often the case that they do not share a common native currency and must use Forex exchanges in order to facilitate transactions between themselves.

 

Malcolm CasSelle is a prominent entrepreneur and the president of Worldwide Asset Exchange a new blockchain technology startup which promises to revolutionize digital asset exchange. Malcolm CasSelle originally began his career by pursuing formal education. He was a student at the Massachusetts Institute of Technology where he received his bachelor’s degree in computer science. After receiving his bachelor’s degree in computer science from MIT, he later attended Stanford University. It was at Stanford University that Malcolm CasSelle was able to complete the requirements in order to receive his master’s degree in computer science.

Upon completing his formal education, Malcolm CasSelle entered the workforce. Over the course of his career, he has served a number of key leadership positions within several technology companies. He is most famously served as the chief investment officer for OPSkins one of the world’s leading companies for in-game sales. He has also been fortunate enough to be a venture capitalist who invested during the early stages of both Facebook and Zynga. Using the expertise and experience he has gained over his technology career he has helped to pioneer the revolutionary Worldwide Asset Exchange which promises to help change the way virtual assets are transacted in the future.

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