Can Blockchain Technology Protect Seniors from Cyberscammers?

Did you hear the one about the 80-year-old Pennsylvania woman who paid $25,000 in taxes on lottery winnings for a lottery that never existed? Or the senior who lost $250,000 to psychic scams?

How about the concerned grandpa who posted bail money for his grandson who was never arrested?

All these frauds began with a telephone call from a scammer.

Scams of all types and sizes —disguised as romance, tech support, lottery and sweepstakes, government impersonation, and plain old extortion — are victimizing thousands of innocent victims, and our grandparents are prime targets.

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