Review of WAX Technologies with Malcolm CasSelle as its President

Launching Worldwide Asset eXchange (WAX) in August 2017 demonstrated the strength of utilizing tokens in trading games components. WAX is a decentralized trading platform that bridges over 400 million online video gamers using the blockchain technology. According to Malcolm CasSelle, the use of the token minimises the trading cost as well as establishing an online market that enables one to transfer assets from a centralized point. The WAX innovation has created a new platform that was not possible before. It guarantees the tokens to remain tied to the corresponding physical items.

 

Monitoring and ensuring that the tokens remain bound to the assets is a challenge of tokenizing assets. However, WAX have utilized the Transfer Agents, their supervisory committee known as Guilds, a consensus algorithm, and rating systems. This measure ensures the token holder takes a regulatory oversight on the trading. The Transfer Agents focuses on the delivery of assets while guilds specialize on authenticating the items as well as monitoring the ownership.

 

The future Guilds and Transfer Agents are expected to carry out the RFID and IoT technologies by registering the location of the asset in real time. This role will enable WAX to connect its tokens to their actual owners. By Guild authenticating the asset, sellers will be updating their chained WAX token every time their sell an item. Therefore, it will create confidence to the seller and asset owners thereby increasing the WAX reputation. Furthermore, the security will be enhanced when physical assets are incorporated into the WAX blockchain thus deterring the risk of hackers.

 

About Malcolm CasSelle

 

Malcolm CasSelle is a serial entrepreneur who has played the business executive role in various companies. Malcolm has involved himself in many of startup ventures in areas of technology, marketing, fundraising, sales, and distributions. Malcolm CasSelle graduated from the Massachusetts Institute of Technology with a BS in computer science. Then he proceeded to the Stanford University for Masters in computer science.

 

On August 2017, Malcolm CasSelle became the president of WAX and CIO at OPSkin. OPSkin the global number one market for online games items. Malcolm CasSelle has also served in various capacities in companies like Xfire, MediaPass, Timeline Labs, SeaChange International and Tonic among others.

 

Arthur Becker’s Career In Property Business And Technology

Arthur Becker is a leading real estate businessman in the United States who operates primarily from his New York office. In 2015, Arthur launched rental houses costing $30,000 a month. The world class apartments included three bedrooms, a 3.5 bathroom space, a gas fireplace, two tall windows, and cast-iron specially designed windows. The building complex has a 50-foot lap pool, a well-equipped gym room, and a yoga studio. Apart from his interest in the property business, Arthur is a serial entrepreneur with specializations in finance and technology. He is the founder of Bnox Incorporation, Advance Partners, LLC, Atlantic Investors, and Madison Partners, LLC. Additionally, Arthur heads Zinio as the chairman and chief executive officer.

According to The Real Deal, Mr. Becker started Bnox Incorporation in 1994 to create imaging technologies for the single-camera industry. He led it as the president and sold products to leading retailers in the field such as Rite Aid, T-Maxx, Walmart, and CVS. A few years later, he set up Advance Partners, LLC to offer advisory on financial strategies to companies in the United Kingdom and investors from the United States. In 1998, the firm oversaw the acquisition of Cendant Corporation by National Car Park for 1.1 billion GBP. Arthur co-founded Atlantic Investors in 2001 and served as its president for eight years until its sale to Time Warner in 2011. The firm purchased three data centers in the US that offered hosting services, Internet access, and colocation to clients in the UK and the US. During his tenure as president, Atlantic acquired ten firms, including Navisite, and made one public offering.

He began investing in technological firms such as Zinio. The company’s owner appointed Arthur as chief executive officer and chairman in 2012. Arthur led the enterprise to acquire EBITDA profits and purchase a technology firm in Barcelona and Vietnam. He gave up his positions in the company in 2015 and currently serves as a member of the board of directors. Arthur started Madison Partners, LLC in 2015 after his fascination with technology and real estate.

See more: http://www.nydailynews.com/life-style/real-estate/vera-wang-wealthy-nabs-30k-month-union-sq-rental-article-1.2244221