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In the mid 1990s, I received a heartfelt e-mail from Nigeria. It was from an emissary for a prince in dire need of assistance recovering a small fortune. For my assistance, of course, I would be compensated handsomely. I recognized the scam immediately, but it was the first time I’d seen an electronic version. I responded with outrageous requests, we went back and forth a few times, and then he realized I was stringing him...

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Blockchain and Cryptocurrency are an integral part of our future, but they’re intimidating and confusing for those still unfamiliar with blockchain technology. It has come to our attention at MacguyverTech that there is decidedly an audience for a more basic approach to smart contracts, blockchain, cryptocurrency, rug pulls, the Metaverse, Web 3.0, and related topics. To that end, we’re writing a “Back to Basics” series that will hopefully be of use to our readers. “Memecoins...

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Smart contracts are an integral part of our future, but they’re intimidating and confusing for those still unfamiliar with blockchain technology. It has come to our attention at MacguyverTech that there is decidedly an audience for a more basic approach to smart contracts, blockchain, cryptocurrency, the Metaverse, Web 3.0, and related topics. To that end, we’re writing a “Back to Basics” series that will hopefully be of use to our readers. “Blockchain Explained” was our...

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As blockchain technology and cryptocurrencies continue to rapidly develop and gain popularity, their potential uses and applications in the professional world have taken center-stage. More specifically, the appearance of smart contracts, computer programs that perform a task when triggered by the occurrence of a predetermined event, have become one of the most attractive uses of this new technology.   These smart contracts are particularly useful in supply chains, as they are effective for sending payments, recording ledger entries, and flagging events that require...