Malcolm CasSelle has once again been able to make an impact in the tech industry with the creation of his new blockchain start-up Worldwide Asset Exchange. Malcolm CasSelle first began his career by attending university at the Massachusetts Institute of Technology. It was there that he first got his taste of working in the tech industry and was able to receive his bachelor’s degree in computer science. Upon completing the requirements for his bachelor’s degree graduating from MIT, he was accepted by Stanford University to their graduate program. It was at Stanford University that he was able to complete his formal education finally and graduated with a Masters degree in computer science from the University.
After receiving his master degree in computer science from Stanford University Malcolm CasSelle was able to enter the workforce. He has since gone on to serve in several key leadership positions for some notable tech companies over the last several years. Most famously he has served as the chief investment officer for OPSkins one of the world’s leading companies for in-game virtual sales. Currently, she is still serving as the chief investment officer for OPSkins but has also recently launched a blockchain technology startup company which he has called Worldwide Asset Exchange. He has launched this company due to the potential for blockchain technology to solve several key issues that have been plaguing the virtual asset exchange industry over the last several years. These are the issues of geographical fragmentation of users and a fraudulent activity which can occur on centralized marketplaces.
The decentralized technology that powers bitcoin is known as blockchain. The blockchain is a public ledger system that allows the decentralized exchange of value. Malcolm CasSelle recognized the ability for this technology to be implemented in the virtual asset exchange markets and the potential for this technology to change the very nature of the industry itself. By giving users a common store of value, they will no longer suffer from the issues of geographical fragmentation. Additionally, since there will no longer be a centralized marketplace that can serve as a target for hackers the security of the marketplaces themselves will increase exponentially.