There is a new technology evolving on a daily basis. This technology is called blockchain technology. Traditionally blockchain technology has been used to process cryptocurrency transactions. There is a new way of using the blockchain technology and this is to process in-game transactions for gamers.
The WAX system was developed by entrepreneur Malcolm CasSelle. He developed the WAX technology as a way of keeping gaming transactions from being compromised by theft. The WAX technology keeps all transactions on a peer to peer honor system so to speak. This honor system takes transactions of virtual currency earned while playing a game and keeps it safe from fraud.
There is much popularity in trading virtual currency for what is known as a gun skin. These gun skins are what makes the game exciting for players. They buy a gun skin for anywhere from a few dollars to a few thousand dollars. The players using this virtual currency to buy new gun skins can be proud of their accomplishments made in the game. It gives gamers a look good feel and let’s other gamers know you have virtual currency enough to buy this gun skin.
Malcolm CasSelle is the CIO of a company called OPskins. He is also the President of WAX. Before beginning his career as an entrepreneur he worked as the CTO and president of New Venture. Malcolm CasSelle is a bright man who was destined to succeed.
He went to the Massachusetts Information Technology where he earned a bachelor’s degree in computer science. After completing his studies at MIT he enrolled in a graduate program at Stanford University. He earned a masters degree in computer science from Stanford.
Malcolm CasSelle speaks three languages. His first language is of course English. He is also fluent in Japanese and Mandarin. He has a long employment record. He has only been the CIO of OPSkins and the president of WAX since 2017. He helped to co-found his first place of employment in 1995. He has been an investor for some time. His investments include early shares of companies like Facebook. He is currently, investing in Bitcoin websites.