Malcolm CasSelle is a man who knows how to change the world for the better in the field of computer science. He graduated from MIT and Stanford with degrees in computer science. Now he is taking that degree to a whole new level. He is creating a platform that will help the world of cryptocurrency get off the ground. The company is called WAX and it stands for Worldwide Asset eXchange.
The platform works by allowing players to buy or exchange items for currency in a game. The platform allows a person to virtual assets to use in the game and it can be expanded to buy real-life assets as well. A big problem with other platforms is the question of fraudulent transactions.
The ways that Malcolm CasSelle figured out how to solve this particular problem was through something called a blockchain. The way this process works is that virtual assets can be turned into tokens in the WAX platform. This avoids the long-term problem of trying to pay for something in a game, waiting for the process of approval and then taking the next step. This makes sure that everyone is on the same plane when it comes to playing the game.
Malcolm CasSelle is on the fast track when it comes to how platforms work. He began his career in the mid-nineties and has not looked back. He has taken the platform and cryptocurrency worlds by storm and will no doubt influence the way game platforms are utilized for many years to come.
Now it is back to the blockchain system. The way that it helps to verify that a transaction is legitimate is the use of what is known as guilds. Users of the game vote for which guilds they like best. If a guild is doing a poor job it can be eliminated from the current game. This ensures fairness to all players that only the best guilds are being used for gameplay.
This is how Malcolm CasSelle makes a name for himself. He saw a problem and solved it. He went for it and succeeded.