Malcolm Casselle Leads the Operations of Worldwide Asset eXchange

Worldwide Asset eXchange (WAX) is a decentralized podium. It minimizes transaction expenses and has created an opening for assets transfer. The platform fractionalizes participants’ profits from centralized exchanges. It also possesses power for tokenization of assets.

Virtual Asset Bond and WAX Token Protection

In Tokenizing assets, it faces a challenge in deciding how to ascertain tokens and physical assets connection on the blockchain. WAX has an oversight regulatory supervision authority. The strategy involves monitoring of virtual asset exchange via ca group tasked to transfer the assets.

The team accountable for virtual development consists of transfer managers, unions, estimate systems, and representatives of the stake consent algorithm. If a single arm declines to perform its responsibilities, the whole system results will be affected. The economic response system enables joining of WAX tokens and virtual assets.

Fractionalization of Tangible Items

Fractionalization improves accountability and safety of physical items. Through decentralization, every division can concentrate on its fundamental responsibilities. Transfer agents will provide purely delivery services while guilds will focus on regulatory supervision. Application of RFID and IoT expertise to identify assets location in actual time will ease associates, and transfer agents work. It assures WAX tokens connection to the correct proprietors.

WAX Token Connection with Physical Assets

Guilds offer asset authentication and product value. No transactions authorized for sellers unless they update the on- chain WAX token, a platform that keeps all transaction records. Merging physical assets into WAX tokens enhances security. Minimizing hackers in the platform is done through regular system updates to the WAX blockchain.

Worldwide Asset eXchange implements an ecosystem approach. The strategy focuses on introducing physical assets into the platform. They plan to launch a workable plan where blockchain WAX tokens are connected to tangible items.

About Malcolm CasSelle

Malcolm CasSelle, a global entrepreneur, and chief technology officer has invested in Facebook, Bitcoin, and Zynga companies. He has built a career through serving in several institutions under different capacities. Malcolm is a graduate in degree and masters in computer science from MIT and Stanford University respectively. CasSelle works as the Worldwide Asset eXchange president. He invested in cryptocurrency, the blockchain, and bitcoin.

Bruce Levenson Sues AIG

Former Hawks ownership team has filed a lawsuit against an insurance company known as New Hampshire. The insurance enterprise has been charged with a breach of contract it had signed with Bruce Levenson. The case concerns the former manager of the basketball team, Danny Ferry. Bruce Levenson serves as the controlling partner of the ownership group, and he believes that the insurance company should pay for the damages his group has incurred. At the moment, the Atlanta Hawks is owned by another group.

The case is believed to have been filed last year in September at the Superior Court of Fulton. According to news published by Bruce and his UCG group, New Hampshire Insurance Company, popularly known as AIG had chosen to act in bad faith against Bruce Levenson’s team. Levenson believes that the insurance company should have covered for all the losses it had incurred, especially in employment practices and wrongful termination of all its employees. The Hawks managing group had decided to terminate Danny Ferry employment in the year 2015, and it was the responsibility of the insurance company to cover all the costs that were incurred to the termination.

After a lot of closed-door negotiations, Ferry and the respectable Hawks management had decided to buy his contract. The agreement is believed to have brought Danny Ferry’s eighteen million dollars to an end. The contract in question was originally signed to cover six years. However, the managing team had to terminate the contract so that it can sell the Hawks to Forbes billionaire Tony Ressler. Bruce Levenson, however, said that the decision to sue the company would not affect the new leadership of the team in any way. The insurance company has not made any acknowledgment of the case so far. The team says that it is not interested in the case, and it is only working hard for the upcoming matches.

Ref: https://www.nsf.gov/staff/staff_bio.jsp?lan=blevenso

Meet One of Brazil’s Most Successful Entrepreneurs; Duda Melzer

Having been born into an entrepreneurial family it was not surprising that Duda Melzer chose to become an entrepreneur too. Mr. Melzer is the grandson of the RBS Group founder, Maurício Sirotsky Sobrinho. Duda has become a force to reckon with in the business world. He is the current chair of the RBS Group, which has a presence in the states of Santa Catarina and Rio Grande do Sul. He is also the chair of e.Bricks Digital; a company that focuses on investing in digital businesses. It has operations in both Brazil and the US.

His Career Path

Eduardo Melzer (eduardosirotskymelzer.com/) has successfully built his career to where it is today since he graduated from the Pontifical Catholic University of Rio Grande do Sul at the age of 26. Since then, he has gone on to acquire an MBA from Harvard Business School plus two additional executive courses.

Before joining RBS Group as its Director General, he worked in North America. In the US, he worked as a senior Financial Analyst for the Delphi Corporation. Besides that, he worked as the Director General for BoxTop, a non-traditional media firm. In 2012, he became the chairman of RBS Group and in 2015, he became chairman of the Board.

His Inspiration

When asked by acaert.com about who inspires him most, Eduardo said that John Davis, a professor at Harvard was one of his most important mentors. John Davis is a renowned family business specialist who has worked with RBS to make it one of the most successful companies in Brazil. Other influential figures that have helped Duda are Ram Charan and Jim Collins, with whom he still consults on various issues. Duda is a firm believer is the professional management of family run businesses. He credits it to the 60 years of success that RBS Group has enjoyed.

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