Do you like playing online video games? I know I sure do. If you’re like me, you have probably traded items with other players at least once. This means that you have probably used a service from a company called OPSkins.
This seemingly simple and ubiquitous feature is not as simple as it seems. As with any exchange of goods or services, there is an essential need to ensure the security and reliability of the transfer itself. Often, players are exchanging items that they paid real money for, so these digital items represent a real monetary investment. As such, all transactions must be made secure and convenient much like a bank transfer or a Paypal exchange.
That’s where Malcolm CasSelle comes in. He is the inventor of the blockchain driven technology that makes in-game trading possible. Back in the 1980’s when we were all still plugging away on that 8-bit machine, there was absolutely no way to do anything like this. Even well into the 2000’s, online gaming was still mainly for PC gamers. As you may know, the first video game console to include a modem was the Sega Dreamcast, but you could not engage in real trade with real players in real time. We have definitely come a long way.
Malcolm CasSelle learned his craft at MIT, where he obtained a Bachelor’s Degree in computer science. He also attended Stanford University where he attained a similar degree. Most people would be happy with one degree, but this man went ahead and doubled up because he wanted to be the best. But he still makes time for yoga and meditation.
In a recent interview with Ideamensch.com, Mr. CasSelle describes a disciplined and ascetic life involving a healthy diet and a spiritual regimen. He also goes on to describe how his work with OPSkins led to something much bigger. He recognized that the technology he had created to fulfill this niche purpose had the potential to become a worldwide decentralized marketplace. Certainly, the idea is exciting, and we can hope that Mr. CasSelle and his new company WAX (Worldwide Asset Exchange) can succeed in this noble goal.
Find out more about Malcolm CasSelle: https://twitter.com/malcolmcasselle?lang=en