There are many men out there taking advantage of the whole cryptocurrency scene and the money that is involved with the currency blowing up over the past couple of years. That being said, that majority of people are still unfamiliar with it as it has not yet become a mainstream currency. According to Malcolm CasSelle, founder of WAX, the marketplace about to go through a major shift once cryptocurrency really takes hold. With the ever-increasing advancements of blockchain technology, cryptocurrency becomes more secure as it is the foundation for virtual asset security.
Malcolm is working to end the issues that are currently plaguing the virtual trading marketplaces, which happens to be insecurity and fraud. With the use of blockchain technology, the middlemen will effectively eliminate and fix this current issue. With this technology, buyers as well as sellers will be able to feel safe dealing with virtual currency. Malcolm CasSelle’s company, WAX, uses a blockchain technology to decentralize their own system to make more secure and efficient operations with their contracts. The technology behind WAX is capable of building up the global virtual marketplace and allowing it to thrive for each individual rather than having to go between others to perform transactions.
Malcolm CasSelle is currently the President of WAX and the CIO for OPSkins. Over the years, Malcolm has been heavily invested in the virtual world and has worked at various other corporations based in technology, including Tronc Incorporated where he held the position of Chief Technology Officer. Before the rise of bitcoin and cryptocurrency, Malcolm CasSelle had his interest in social media, such as Facebook and MediaPass, though this is no longer the popular interest in the market at the moment.
Malcolm personally earned his computer science degree from the Massachusettes Institute of Technology, which he followed up by attended Stanford University to finish his degree off and obtain his masters. With the work of Malcolm CasSelle, it won’t be long before cryptocurrency makes its way into the mainstream and becomes the norm for people managing their finances.