As the digital world continues to evolve the economies that have been created as a result of virtual trading only continue to grow. Today an unbelievable amount of money and value is exchanged virtually between players of video games around the world. Until recently the only method that gamers had to trade virtual assets was the use of centralized marketplaces. There are several key issues associated with the use of centralized marketplaces. If a gamer is not able to exchange with the same denomination of currency as their native country, they must utilize foreign exchange markets which increase the cost associated with transactions. Centralized marketplaces are also much more subject to fraudulent activity.
Malcolm CasSelle is an individual who has a deep understanding of the issues involved in the virtual asset trading community. He has decided and taken it upon himself that he will help to change the way that assets are traded in the virtual world and in the process eliminate both of the largest issues that have been plaguing the community for years. In order to accomplish such a lofty goal, Malcolm CasSelle has developed a new cryptocurrency which is based upon the decentralized blockchain technology. This is the same technology that is utilized in popular cryptocurrency bitcoin.
Malcolm CasSelle has recently launched a new company known as worldwide asset exchange which will serve as a decentralized marketplace and in the process will be able to eliminate the issues of fragmentation and fraud in the virtual asset trading community.
Malcolm CasSelle originally went to the Massachusetts Institute of Technology where he was able to complete his Bachelor’s degree in computer science. He has also received a Master’s degree in computer science from Stanford University. Prior to becoming the founder of his new company Malcolm CasSelle has already had a long career in the digital technology industry. He is currently still the chief investment officer for online virtual asset trading company Opskins. Even before his time as a key leader in the digital technology industry Malcolm CasSelle has had success as a venture capitalist. He was able to take advantage of the opportunity that Facebook and Zynga presented it during the early stages of the companies.