Malcolm CasSelle is the CIO of OPSkins, the world’s current leading bitcoin merchant. It is also the world leading centralized marketplace but is expected to soon change over to decentralization because A) it is now qualified to do so and B) being a centralized marketplace has more limitations for technology companies. One of OPSkins recent enormous innovations was a new blockchain platform for virtual asset trading platform known as Worldwide Asset eXchange (called WAX). WAX resolves two problems online traders have been limited by for years: fragmentation and fraud.
This fragmentation has been a problem because every country has had their own rules and regulations as far as payment processing, language, and security concerns. That has meant that it has been extremely difficult to trade across borders. WAX has solved this problem by centralizing all of this stuff so that traders from all countries can trade with each other with no difficulties. One feature that has allowed WAX to do this is its tokenization system which allows traders to convert all of their assets into tokens for instant trading.
Fraud has plagued the virtual asset market since its beginning. It has often been the case that virtual traders have been the victim of fraud by online sellers who do not fulfill their transactions in the way they at first claim, getting all of the benefits from the trader but giving only incomplete assets. It does this via smart contracts. These make up a system that makes sure that both the buyer and seller follow through with what they both agree upon.
The innovations of WAX are not things that will only benefit WAX. They will revolutionize the way the entire industry is done. Traders will love how it has created for them the most optimal virtual asset trading experience ever.
Finding yourself on the Forbes Top 400 Business list does not come easy, but Peter Briger sometimes makes it look that way. With over twenty years of business and professional success behind him, Briger has blazed a trail of accomplishments which can certainly be described as impressive. While presently working for Fortress Investment Group LLC, he also has a rich history behind him.
Peter Briger earned his Bachelor of Arts while attending Princeton University. He then went on to the University of Pennsylvania where he got an MBA in business administration from the Wharton School of Business. Briger remained active at Princeton University after graduation, holding a seat on the Board of Directors of the Princeton University Investment Company. Briger has also shown support for the Central Park Conservancy at Princeton.
Beginning his professional career at Goldman, Sachs & Co., Peter Briger spent 15 years developing his leadership skills and investment wisdom. He went on to become a partner in 1996, but on the way to that position he held numerous leadership roles such as co-head of the Asian Real Estate Private Equity business, the Asian Distressed Debt business, the Special Opportunities (Asia) Fund LLC, the Fixed Income Principal Investments Group, and the Whole Loan Sales and Trading business.
In his current post, Peter Briger holds the position of Principal and Co-Chairman of the Board of Directors at Fortress Investment Group. Fortress is an investment management firm which resides in New York City. Since he joined the company in 2002, Briger started the Fortress Credit business. This group of employees, numbering over 300, deals with distressed credit investments and undervalued assets.
That would be enough for most people, but not for Briger. In an attempt to give back and aid others, he is a member of Caliber Schools, which endeavors to help students on four-year educational programs pass their examinations. As if that is not enough, he also sits on the Tipping point board, which is a non-profit designed to help low-income families in San Francisco. To know more about him click here.