Much has been made of the Online benefits of the Worldwide Asset eXchange, often referred to as WAX which has been striving to develop a brighter future for the markets established for the use of video game players. Under the leadership of company President, Malcolm CasSelle the future of WAX now looks to be tied to the theory of fractionalizing physical objects for sale and trading across the platform; the trading and purchase of physical items is theorized by CasSelle to make the entire platform safer from hackers who cannot conduct their nefarious works in the physical world.
Malcolm CasSelle believes the security of WAX will only be secured through the use of sophisticated software but also by developing small trading groups known as guilds which will work together to make sure every attempt is made to keep the reputation of a guild safe and secure. Ownership and the consistent trading of different items are seen as key to protecting WAX from hackers and criminal groups who are always looking to take advantage of Online Marketplaces. Any issues over proof of ownership will be reported through the WAX business model and damage the value and reputation of each guild meaning the cost of hacking outweighs the benefits for any criminal group.
The career of Malcolm CasSelle has seen the MIT and Stanford graduate become one of the most impressive executives and investors in the Online sector. A computer science graduate, Malcolm CasSelle understands the intricacies of the latest technology and has the ability to identify investment opportunities which can provide success for the future of both CasSelle himself and the groups he is working with at any point.
Early in his career, Malcolm CasSelle made his mark as an investor with some of the leading technology brands of the 21st-century. Focusing much of his investment work on Internet-based companies, CasSelle invested in Facebook, Zynga, and a number of technology startups. Perhaps the biggest splash made by Malcolm CasSelle on the technology industry was his co-founding of the Hong Kong-based PCCW company which has recently been valued at $35 billion.