Malcolm CasSelle: Creating Solutions to Fraud

International businessman and entrepreneur Malcolm CasSelle has dedicated his life to understanding the patterns of our technological age. In college, he majored in computer science and graduated from MIT with a bachelors before moving on to get a Masters at Stanford. With a strong foundation in computer technologies, he moved on to conquer the business world. In years past he has served as president and CTO of Tribune Publishing now known as Tronc. In this role, he oversaw growing their properties and making sure the company got the most out of their assets. He also has served as GM and SVP of digital media at SeaChange Int’l after they took over his company timeline lab. At timeline labs Malcolm with CEO. He also has experience in leading brand-new startups, especially in the digital industry. One startup was Xfire which is a gamer social network. He also led the startup for media pass which is a digital subscription option for some media.

He has also demonstrated an exceptional skill for understanding the needs and direction the market is heading. This skill is best proven by pointing to his early investment in companies such as Facebook and early investment in Bitcoin. His time is now spent as CIO of OPSkins and President of WAX.

WAX is short for worldwide acid exchange and is the solution to gamers issues when trying to sell digital items. Currently, it is extremely difficult for gamers to sell in-game items due to the lack of a central marketplace to do so. It is also difficult for many to take the risk of selling or buying items in this fashion due to widespread fraud.WAX works with Blockchain as a security method. This provides security through the use of smart contracts. These contracts make it far easier to cut out traditional methods to mitigate fraud, which historically have driven the price of transactions up. By utilizing this method users are able to be assured that the transaction will be delivered on. This makes users feel significantly more comfortable in using WAX as opposed to other services. Ultimately, they believe this is the future of digital possession sales.

 

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