New applications for the technology that powers bitcoin, the blockchain, seemed to be announced every single day. The new announcement by entrepreneur Malcolm CasSelle seems to promise further revolutionary advancements in the world of virtual transactions. Malcolm CasSelle has an interesting career and has served in several key leadership roles of various digital technology companies. He is currently operating as the president of his own company, Worldwide Asset Exchange.
Worldwide Asset Exchange is a unique company that promises to deliver solutions to problems that have been plaguing virtual asset exchange since the very beginning of the industry. It will do this by implementing the technology that powers cryptocurrency in order to provide seamless transactions amongst users around the world. Malcolm CasSelle has created his own version of the cryptocurrency based on the Ethereum blockchain which he has called wax tokens. These tokens will allow individuals to transact amongst each other using a common store of value without the need of a foreign exchange market. Additionally, since the technology is decentralized the prominence of fraudulent activity on the network should theoretically decrease significantly. This will also allow users to avoid unnecessary fees and maintain the security of their transactions.
Malcolm CasSelle originally went to school at the Massachusetts Institute of Technology where he majored in computer science. After receiving his bachelor’s degree, he later went to Stanford University in order to pursue further education. At Stanford University he completed and received his Master’s degree in computer science.
On completing his formal education, Malcolm CasSelle began to work in earnest in the digital technology industry. He has helped several startup companies in the industry become successful. Examples of these companies include MediaPass and Xfire. Not only has Malcolm CasSelle been successful in leading several startup companies but he has also been successful as a venture capitalist. He was one of the earliest investors in both Facebook and Zynga. He has also in an early investor in several cryptocurrency companies. Later on in his career, he has been the chief technology officer at Tribune Publishing. He later became the chief investment officer of OPSkins a virtual marketplace company.