Device Squad: The Podcast For The Mobile Enterprise

In today's Modern Digital Enterprise, the digital transformation podcast from Anexinet, Steve and Glenn discuss NFTs with Andy Ofiesh, former Software Engineer for Bitcoin Armory. Are they a speculative investment or a status symbol? Proof of ownership or proof of fandom? What are the risks? What are the benefits? Non-Fungible Tokens (NFT)s are cryptographic assets the ownership of which is tracked on a blockchain via unique identification codes and metadata that distinguish them from each other: digital certificates of authenticity stored on the blockchain. This episode also answers the following: What are Non-Fungible Tokens (NFT)s? What can be sold as an NFT? What is the significance using Ethereum vs. Bitcoin as a payment method? What does Proof of Work have to do with it? What does “ownership” of a digital file mean, anyway?What are you paying for? What do you own? Why do some NFTs have multiple owners? Is proof of ownership really proof of fandom? Why are NFTs even a thing?? How are NFTs an investment??