What Features Do Video Calls Have?

If you wonder what features video calls have, you’ve come to the right place. You’ll learn about screen sharing, HD voice, active talker, and host controls here. Agora video calls are great for connecting people in different locations, but some features make them even better. So first, find out which ones you need and why. Then, start using them to connect with your friends and family. You’ll be glad you did.

Active talker

Active talker is a useful feature for video calls. The software determines who is speaking on a video call, which helps facilitate the conversation and makes it easier for all participants to understand where each person is in the call. Both tools identify active speakers and enable users to mute or unmute other individuals. You can configure up to six windows on the screen and choose the ones that are most useful for your conference.

Typically, there is only one active talker in a video call, but with the help of the new “Active Speaker” feature, you can make sure that the person speaking is focused. This feature automatically places the person currently talking in the foreground so that the entire conversation can be focused on them. However, this feature can be problematic if multiple people are talking or background noise. A different approach, such as using two microphones, is recommended, but the problem can still arise.

Host controls

On iPads and smartphones, host controls can be found on the top or bottom of the screen. These controls can be used to enable or disable audio and video features. Additional controls are available under the participants’ list. In the iOS version, host controls include mute and unmute, join audio, start/stop the video, and share content. The host controls are also displayed in the video panel. 

The host is the “owner” of the meeting and can administer it using host controls. These controls include the option to mute or unmute all participants and the ability to make a different host for the video call. Alternatively, a co-host can assist the host by using most host controls, such as lock screen sharing, mute on entry, and stop the video and remove. Another option is to start a meeting as the co-host.

HD voice and video

High-quality voice and video calls make business conversations clearer without distracting background noise. These high-quality calls are free and compatible with most devices. However, they do require a high-speed internet connection to work properly. Unfortunately, not every small business can afford high-speed broadband access. HD voice and video calls have features that help them meet bandwidth requirements. 

HD Voice and video calls have different features, so check with your carrier to see if your phone is compatible. Some phones are incompatible with HD Voice and video calls, so check the requirements before purchasing. The quality and range of HD voice and video calls will depend on your carrier. Make sure to check with your provider about any fees or terms. Afterward, make sure to download the app for your phone. HD Voice and video calls have features that improve the quality of your phone calls.

Screen sharing

One of the key benefits of video calls is the ability to share your screen with the other person. So screen sharing will be a welcome addition, whether you’re presenting a presentation or playing a game with your friends. You only need a decent PC, the latest video drivers, and a screen-sharing application. The benefits of screen sharing are obvious. 

Aside from video conferencing, screen sharing is also available for other communication channels. In these cases, screen sharing will allow you to walk through your computer’s screen. Depending on your software, screen sharing may be included. Screen sharing software is compatible with most video conferencing programs and is available for iOS and Android devices. Whether you’re using a Mac or Windows PC, screen sharing will enable you to share your screen with up to 25 people.

Can Someone Hack My Phone From My Number

You must have thought or discussed with your friend whether someone hacked my phone from my number or not. It seems very fascinating and keen to know whether it is true or humorous to hack someone’s phone with just their phone numbers. So, let’s discuss all the significant aspects of it and know if it is possible to look into someone’s device with a mobile number.

Can Someone Hack Into Your Phone By Texting You?

Yes, your phone can easily be hacked by just texting you. There are some methods by using them, your phone can be hacked from your number effortlessly.

Phishing For Personal Data

Hackers usually send fake messages to the target device to get usernames and passwords. The text contains a link to a fraud website that seems identical. It records your personal belongings and sends them back to the hacker.

Sending Links

This is another method of hacking your phone from your number. In this way what do they do? They send a link to malicious apps via text for any( dating or gaming app)normally to make you install the fake application and access all the details without your permission.

Two-Factor Authentication

This happens when a company verifies your identity by sending you an SMS code. This SMS code can be set by hackers if they have spyware apps and get full credentials to your account.

So if you think that this method was used to hack your phone then you can use the latest code to check if the phone is hacked in 2022. This can be the fastest way by which you can easily know if someone is into your phone or not. So don’t wait and make your phone secure and your mind assured with that if someone hacked your phone from your phone number.

Can Someone Hack My iPhone With My Phone Number?

Due to the high-security system of Apple devices, iOS hacking is a little bit difficult. But there are some ways by which iOS data can also be stolen. Hackers can balance your iCloud account and if you take a backup of your iPhone to iCloud, hackers will be able to access your data. It allows them to see your every move on their device including chat history, contacts, messages, photos, etc.

Can Someone Hack My Bank Account With My Phone Number?

Yes, there is a possibility that someone can hack my bank account with my phone number to some extent. With the help of my phone number hackers can hijack my bank account and reset my important passwords. They can also send a link and withdraw the amount from my account.

Can Someone Hack My Android Phone With My Phone Number?

There are many applications by which an android phone can also be hacked such as spyier, hackers net, Androrat,iSPY, etc. By using them there are some attacks used in mobile hacking like SMS forwarding, Bluetooth hacking, malicious website clicking, malicious apps, etc. 

How To Remove A Hacker From My Phone Number?

The very simple way to remove a hacker from my phone number is to use effective antivirus software. It will restrict the malware in a sandbox so that it cannot impact your mobile and protect your all individual belongings.

 How To Know If Your Phone Is Hacked?

  • Unusual activity – There are more chances that some hackers are doing unusual activities on your device and you don’t have any idea regarding it.
  • Inappropriate notifications – Sometimes the person might notice inappropriate notifications on his device and slowly his phone is hacked without any information.
  • Poor performance – If you are unable to access applications on your device or certain applications are freezing and crashing in your phone it can be because of overloading data or any strategy of a hacker.
  • Unusual activity on your social accounts – It is seen most of the time that people observe unusual activities that they don’t do on their social accounts, and consequently their mobile phones are hacked without their knowledge.
  •  Call or messages you don’t initiate – It is possible that someone has hacked your phone and controlled your calls and messages that you don’t desire to do. 
  • High data usage – This is highly noticed that usage of excessive data becomes the cause of hacking. It comes from malware and spies running applications in the background and sending all the personal activity or information back to its server.

What To Do If Your Phone Is Hacked?

There are some simple preventions that can be taken if your phone is hacked 

  • Delete unrecognized applications – Firstly you have to delete all the unrecognized applications on your device.
  • Reset your phone – You can also reset your phone so that you can protect your device from hackers.
  • Run anti-malware apps – There are innumerable anti-malware apps available in the market which you should use on your device so that your private belongings can be safe.
  • Reset passwords – You must reset all the important passwords. This is another action that can be taken to protect your mobile phone. 
  • Inform your contacts – If your phone is hacked so first, you need to inform all the contacts so that the hacker cannot misuse or misbehave with your well-wishers.
  • Contact service provider -If you are getting unnecessary calls and messages. So you can also discuss this matter with your contact service provider and they may be able to help you.

Conclusion – In the above article, we have mentioned how someone can hack my phone from my number whether it’s an iPhone or android mobile. There are some safeguards that can be taken to protect your personal information and data which becomes useful for you to secure yourself from cyberbullying, cyber attacking, digital fraud, and online data or privacy leaks.


Can someone hack into your phone by calling you?

Fortunately, it’s not possible to hack your phone by just calling from an unknown number but your mobile can be traced with your location from your phone number.

How do I know if my phone is tapped or hacked?

There are some unusual activities that are done on your device like inappropriate popups, poor performance, high data usage, unusual activities on your social account. If you face it then there are chances that your phone has been hacked.

4 Tech Gadgets That Will Help Your Business

It’s no secret that there are many different types of tech gadgets that can help make things more convenient for you, both at home and at work. But if you are a business owner or manager, staying on top of advancements in technology is especially important because you might be able to try out new gadgets that will exponentially improve the way you run your business, helping you to keep costs down and increase sales and productivity. Here are 4 tech gadgets that will help your business.

Security Cameras

Security cameras may sound like nothing new, but there have been lots of advancements made and there are many brand new models available. Doorbell cameras have become quite popular for homeowners and business owners alike, and with good reason. They are available at a very low price point and offer incredible features and high-quality footage to help keep your mind at ease.

Do your research to decide which model of camera may be best for you, and keep your business safe by investing in one or more security cameras so that you can prevent theft or vandalism as well as avoid any threats to yourself or your staff.

Hiring Apps

Less of a gadget and more of just a general perk of advancements in technology, hiring apps are great for business owners in so many different capacities. You can use them to find new clients, hire staff, and even hire a cleaner to help keep your business clean and tidy.

Tracking Devices

Tracking devices are great for everyone because they help prevent losing all sorts of items from wallets to phones, keys, and even cars. Naturally, they are also very helpful when it comes to owning a business because you won’t have to worry about losing track of anything important ever again.

One of the best things about these tracking devices is that they are super affordable and very easy to attach and install using your smartphone. Pick one up for anything at your business that you can’t risk losing or having to replace.


Tablets are another gadget out there that can help streamline your business in so many different ways. Depending on what you need it for, you may choose to invest in just one or several different tablets. They can be used for running credit cards, placing orders, playing music, keeping track of spreadsheets, and so many other things – all in a much smaller and portable package than a computer.

You may think your business is doing great, but there are always things that can be improved so that you continue to be the best at what you do. Hopefully the gadgets on this list can help you on that journey!

Why Courses By The Site Helpers Are 100% Worth It

Building a website has never been easier. There are so many places online such as SquareSpace or Shopify where you can just hop on, plug in a few words, and have a website. However, building a site this way gives you very little control and will keep you in their pockets forever.

On the other hand, The Site Helpers have put together a set of in-depth and intuitive courses that will give you all the tools you need to build, maintain, and upgrade your own website. We talked to one of their clients, to find out just how much these classes cover, and if they’re worth the time and monetary investment. 

Did you ever try creating a website without the services of The Site Helpers? 

Yeah, actually I used a SquareSpace website for a while. It was easy enough to set up and everything but I quickly realized it wouldn’t allow me to do everything I wanted, plus the fees would pile up every month.

So after looking around for a while trying to find one thing that fit all of my needs, it clicked. If I learned this stuff myself, not only could I build a website that fit all of my needs, but if my needs ever changed, it’d be no problem to upgrade it myself as well. 

The Site Helpers Review

How much exactly did they teach you? Are there any missing pieces in your knowledge? 

Everything and I mean everything. They go through designing the site, coding the site, PHP, advanced PHP, and even hosting. I don’t think I saw a course this complete anywhere else online, and it ended up teaching me more than I even thought it would.

They even talked about the best ways to outsource and hire designers. That’s information I’m going to keep in my back pocket for when my website grows, and not something I even saw mentioned by other courses. 

How do The Site Helpers prices compare to that of similar classes?

For classes on par with their quality? I don’t think there’s anything that touches it.

I think the only place you’ll get classes like that would be at a university and I don’t think I even need to say how expensive that would be. A lot of cheap online courses are made by fresh graduates with no job experience. This course was made by industry pros and it shows in the quality. 

Why didn’t you just outsource or hire a web developer? 

Like I said, I wanted to be able to upgrade my website myself. If my needs change, I won’t have to rely on anyone else to read the code and I won’t have to pay them to change it.

I can do it myself exactly how I want it. I don’t like relying on other people to make my business work, plain and simple. 

Has your website proven to be a worthwhile investment so far? 

One thousand percent. I have analytics on every page and can see that many more customers have been visiting and engaging with them.

So short term, yes it’s been very worth it. Long term though? I think the things I’ve learned have been absolutely priceless. There’s no dollar amount you can put on those skills. These weren’t courses made for people wanting to be quick and dirty freelancers.

They’re for people that want professional knowledge and real skills. I’m confident in the future of my website and my business and I owe a big part of that to The Site Helpers courses. 

Related Reading:

The Site Helpers Shares: Five Ultimate Tips For Creating A Website

3 Tips For Creating Videos That Go Viral

It seems like anyone can create a video that goes viral on social media, even people that don’t really have any experience with creating content. But for many businesses, it can seem like getting one of your videos to go viral is nearly impossible. Luckily, there are things you can do to help increase the chances of your videos being successful online.

To help you see how this can be possible, here are three tips for creating videos that go viral. 

Know What’s Going Viral In This Moment

Before you can hope to create a video that’s going to get a lot of views and shares online, you first need to know what’s currently going viral at the moment. 

To do this, spend some time searching on reels, TikTok, Youtube, and more to see which videos are getting the greatest amount of views or being created by influencers or others with large followings. If there is a common thread between some of the most viewed videos, you might want to create a video that has this same type of theme in it. However, you’ll have to move fast if you’re going to try to jump on a viral trend, as these trends can come and go quickly. So if you’re able to pinpoint a trend as it’s on the way up rather than as it’s coming down, you might be able to ride that wave toward viral success. 

Target Your Content To Someone Specific

This is one of the most backward-seeming things in all marketing, but the more general you make your content, the fewer people you’re likely to reach. On the other hand, if you’re able to create content that’s meant for a specific person or small group of people, there’s a much better chance that you’ll get some traction with these people and see your content perform better. The same is true with creating viral videos.

Knowing this, you should try to create your videos with a specific person in mind that you’re targeting. Get to know this person, what they like, and what they’re likely to share with those in their own networks. 

Title Your Video Correctly

Once you have your video created, you’ve got to post it with the right title in order for it to get the maximum amount of views. With the sheer number of videos that get posted online each day, you’ve got to use your title to help set your video apart and entice people to watch it.

While you might be tempted to create a title that resembles clickbait, writing a title that’s compelling and gets people to want to click without being deceiving or shady is ideal. 

If you want to create videos that will go viral online, consider using the tips mentioned above to help increase your chances of this happening.

Jurgen Cautreels Shares Outdated Marketing Practices You Need to Avoid

Marketing is complex and is always evolving. People’s habits and behaviors change with time.

Since the goal of marketing involves persuading people to make a decision in your favor, a good marketer must be aware of these changes. Also, new marketing innovations are being created on a regular basis and if a marketer is to be successful, he must be aware of these new innovations.

Since marketing is an age-long practice, different methods have been used by marketers in the past. Any marketing practice that doesn’t bring good results, might be damaging your brand and should be done away with.

In this article, renowned investor, marketer and NFT expert, Jurgen Cautreels highlights some outdated practices that people trying to sell in today’s market should avoid.

Non-Targeted Direct Mass Mailing

The idea behind mass mailing is to send to as many as possible, with the belief that not all, but some of the mails would convert. In today’s market, this does not work anymore. With the number of businesses making targeted adverts, a general advert is likely to be disregarded. Most often, they turn out to as spams.

Instead of this, you should send mails only to members of your target audience. To take it a step further, where you can, streamline your mailing list across different customer types; then send messages accordingly to the different categories.

Using social media only for promotion

Although the goal of your business is to make sales, your social media accounts shouldn’t be only for promotion. Where your account interacts and enlightens its followers, your content would reach a larger audience. Whereas if your account is only about your business’ sales, it would not perform adequately for your business.

In today’s world, social media has a huge impact on how a business succeeds. Your account should be managed to garner large followership and reach a wide audience.

Blogging without promoting

Your blog is where your customers get to know the most about you. If you’re blogging and people are not being directed to your blog, you’re losing. Direct links from your blog to your social media channels in whatever way you can. 

Also, always make sure your audience is very aware of your blog posts. If you can get people to keep coming to read new updates about your business on your blog, you’re establishing a bond with them.

Using intuition and not facts

Data is available now more than it has ever been before. A good marketer would not assume, he would get his facts and statistics right. I’ve seen many people make mistakes in their marketing because they made wrong assumptions.

If you’re marketing goods or services, there’s no need to stick to old methods that do not produce results anymore. Learn to use new technologies to market your goods for the best conversion results. A while ago, way early marketing career, I learned about non-fungible tokens (NFTs).

Years ago, many people were hesitant with the technology but today, NFTs are being considered as the future. And I’m glad that I was able to invest in it early.

The Evolution of Car Tire Technologies

What It Took to Get You in the Driver’s Seat

It’s not a secret that our cars rely on tires to get us where we need to go. However, there’s a lot more to a tire than simply rubber meeting pavement. If you’ve ever wondered where the custom wheels and tires on your car gained their high-tech tread, then check out the evolution of car tire technologies.

Rubber Was the New Leather in 1845

When the concept of tires originally entered the scene in the 1300s, they were made of wood and leather. This made the ride smoother, but the leather wore away easily, which led to more maintenance for the driver. Fortunately, through many trials and errors, rubber replaced leather-bound wheels for a safer, more secure driving experience.

Vulcanized Rubber in 1845 Pushed Tire Tech Into the Future

American inventor, Charles Goodyear, and British inventor, Thomas Hancock, invented vulcanizing rubber in 1845, and turned the tire industry on its head. Not only did this process make tires easier to manufacture, because it made rubber less sticky, it also made tires more durable, too. 

It Took 20 More Years to Tread Our Tires

Believe it or not, tires didn’t always come suited for your lifestyle and the specific vehicle you drive. In 1905, the first treads applied to tires strengthened them and allowed them to handle muddy roads and wet conditions. Treads also protect your tires from blowouts and damage. 

By 1923, Firestone had improved upon the tall and thin tires of the past, and introduced balloon tires, which improved car handling and performance.

Natural Rubber Grows on Trees, but It’s Not Always Available

Did you know almost 90% of the world’s natural rubber is produced in Asia? Rubber comes from a specific tree that is super susceptible to disease, and these trees can only reach their full potential in one small area of Asia. This makes supply chain issues with rubber incredibly common, even today. 

Thankfully, Du Pont Company created a synthetic rubber in 1931 to contend with rubber availability and improve on the overall quality of tires.

Tires Were Taking Us Further by 1946

Radial tires were brought to us in 1946 by Michelin, which increased gas mileage, enhanced steering capabilities, and gave tires a longer life by being particularly more resistant to the wear and tear of older, rougher roads.

Europe and Asia adopted this tire technology without a hitch. However, it took America another twenty years to use the radial tire on its vehicles.

When It Comes to Tires, One Tube Is Better Than Two

Early tires had two parts: an inner air tube and a durable tire to cover it. But this left tires vulnerable to leaks and they would easily become deflated. In 1947, B.F. Goodrich produced the tubeless tire. It was more reliable and durable than other tires. Now, tubeless tires are the standard for all cars.

The Run-Flat Tire Increased Safety for Both the Passenger and Driver

In 1979, the run-flat tire entered the market to increase safety for everyone. This tire tech allows you to drive your car at about 50 miles per hour on a punctured tire. The results were accident prevention and better protection for passengers and drivers in an emergency.

You can find three different run-flat tires: self-supporting tires, self-sealing tires, and auxiliary supported tires. Self-supporting tires were reinforced on the inside to withstand the weight of your car in case of a blowout. They lasted long enough to get you to the gas station. Self-sealing tires permanently seal themselves using a special liner, if the hole isn’t too big.

Auxiliary run-flat tires use a combination of custom rims and tires. In this particular system, the flat tire tread rests on a ring attached to the wheel when your tire loses pressure. This technology places most of the work on your wheel, rather than your tire, and offers a better ride quality. 

Tires for Today and the Future Are Getting Major Upgrades for the Safest Drive Ever

You can expect to see some incredible things coming out of this industry in the future. For example, Japan and the U.S., have been developing the Contact Area Information Sensing System that uses information from a sensor placed inside your tire. It monitors your car’s interaction with the road and promotes safety by telling you about changes to the road surface.

So, the next time you shop for new tires, wheels, or rims, take time to consider all the steps it took to get you rolling. If you don’t see a feature you want for your tires, just wait because this industry is evolving faster than ever.

Innovative Solutions to Reduce Plastic Use

Innovative Solutions to Reduce Plastic Use

A contemporary existence without plastic would be unthinkable. Plastic is everywhere: the packaging materials, bottles and cups, and toys; the vehicle parts, ships, trains, satellites, and space stations; or even glasses, watches, and one’s smartphone that employ plastic components.

It’s grown so widespread that some have labeled the present era of human history as the Plastics Age.

Compostable coatings

The Fraunhofer Institute for Silicate Research ISC has created a coating using silicate and biopolymers. It may be utilized in various food packaging applications. They include preserving biopolymer packaging and food from premature deterioration and are biodegradable.

The novel coatings may enhance the performance of bio-based and biodegradable packaging, which alone cannot ensure the requisite minimum shelf life of many food goods.

Edible bottles of water

Plastic water bottles must be one of the most absurd examples of plastic pollution. Not only do the majority of the developed world’s cities now have tap water that is safe to drink, but there is also an increasing number of refill stations and water fountains where reusable bottles may be refilled.

There are several approaches to this issue. First, we must educate people about the consequences and give simple alternatives that allow for water access in public places in towns and cities. Secondly, we must exert pressure on the prominent brands that are responsible for the majority of garbage. Finally, we must seek innovation to develop novel solutions.

Jonathan Osler says that one of these novel ideas is the edible water bottle. As strange as it seems, start-up Skipping Rocks Labs has developed a blob-like container composed of sodium alginate that can store water in a tiny pouch that may be safely eaten.

Technology has begun to make a presence in popular culture. This year, it was employed in the London marathon, when volunteers distributed tiny edible capsules filled with Lucozade energy drinks instead of throwaway water bottles or cups.

While this technology has limitations compared to plastic bottles, it is in applications such as these that make practical sense and can decrease single-use plastic significantly.

Chemical recycling

Suppose the first-best answer to combatting this plastic epidemic is finding natural replacements. In that case, the second stage entails making plastics biodegradable and doing it in a sustainable and cheap method at scale. Mechanical recycling includes sifting, melting, and remodeling polymers into lower-grade plastic items. But this technique is restricted in nature since the performance qualities of plastics diminish with every recycling.

Following the declaration in Davos, eleven top brands, retailers, and packaging firms are aiming towards utilizing one hundred percent reusable, recyclable, or compostable packaging by 2025 or sooner.

Jonathan Osler advises that these ambitious promises, together with the correct regulatory incentives and demonstrations of radical innovation, offer us the most significant possibility of constructing a plastics system that works.

The solutions to curb the world’s plastic issue are many. It will need governments at both the national and subnational levels to address the regulation of single-use plastic items, deciding on the policy measures to take and the sort of legislation that will best support their aims.

Technology, Drones, and the Military

Drones have been around much longer than people realize. The military calls them an “Unmanned Aerial Vehicle.” The Austrian military used a UAV in the late 1800s and was a hot air balloon used to attack the enemy. 

When airplanes came into the picture in WWI and WWII, pilots operated aircraft during wartime. Today’s technology from places like Applied Systems Engineering to build drones for peacetime and wartime. 

Drones For Peacetime

During peacetime, drones are used for surveillance in places where soldiers are not allowed. A drone can surveil an area without being detected. They are also used to bringing and dropping supplies to soldiers or civilians in specific areas that may be dangerous. The technology installed into the drone can pinpoint the exact location it needs to be. 

Drones For Wartime

The military uses drones to save lives. The technology drones use can pinpoint the exact spot that needs to be attacked, and drones can attack from miles away with pinpoint precision. 

If the drone misses, it is due to human error in the calculations. Whether it makes the target or not, the drone is unmanned and keeps the soldiers in the Air Force safe from being shot down. The aircraft is operated from a remote location, which can be thousands of miles away. 

Boots on the Ground

Since 2001, the US government has been using drones as a lethal weapon. The idea does not eliminate having soldiers go off to war. However, technology and precision lessen the chances of putting US soldiers’ boots on the ground, putting them in harm’s way. 

A drone can destroy many of the targets within a single mission. The creators of this design are noted as heroes as they keep our military and country safe here and abroad.

NFTs and the Future of Ownership: Fintech Beat’s Conversation with Nic Carter and Amy Luo

“Any time in which a question about financial technology involves a response relating to Hegelian dialectics you just know this is going to be a truly out-of-this-world conversation,” Dr. Chris Brummer joked, finding his bearings at the start of an episode-length investigation to not only explain the concept of non-fungible tokens or “NFTs,” but to also prepare for a dive deep into the pros and cons of this new blockchain-based collectible resource. Analogies, in short, are inescapable.  What does it even mean for a blockchain-based currency to be non-fungible? What does having a permanent “serial number” on blockchains like Etherium associated with a piece of art, a video, or even a tweet mean for ownership? Brought on the podcast to take on this hot-button topic were Nic Carter, partner of Castle Island Ventures, and Amy Luo of Centre.io, a consortium of industry players designed to help the US Dollar coin (USDC). 

Nic Carter is a partner at Castle Island Ventures and the co-founder and board chairman of blockchain data aggregator Coin Metrics, which was established in 2017. On his own highly popular podcast, “On the Brink,” he and his co-host Matthew Walsh interview leading experts in the industry of cryptocurrency and fintech to explore the political, ethical, and economic impacts of public blockchains. Prior to his time at Castle Island Ventures, Carter was the first crypto asset analyst at Fidelity Investments. He earned his bachelor’s degree in philosophy from the University of St. Andrews, and his master’s in finance and investment from the University of Edinburgh.

Amy Luo is the general counsel for Centre.io, which has developed the USD Coin, a stablecoin from Circle and Coinbase that is “issued by regulated and licensed financial institutions that maintain full reserves of the equivalent fiat currency.” Prior to her position as general counsel for Centre, Luo acted as senior counsel for Coinbase, where she was responsible for Institutional Sales/Coverage, Business Development, and Stablecoin legal, regulatory, and policy matters. She attended Yonsei University and the Schulich School of Business, and earned her JD from the Boston University School of Law.

Dr. Chris Brummer, too, has long had an eye on the latest developments in financial technology as a professor in Washington, DC, where he lives with his wife Rachel Loko. He is the faculty director of Georgetown’s Institute of International Economic Law, where his work has centered on innovation and financial regulation.  On his podcast, Fintech Beat, Dr. Brummer expands on his research, and interviews experts and insiders in financial technology to explore the “intersection of policy, finance, and tech” for the benefit of potential investors and enthusiasts alike. He is also the founder and host of the DC Fintech Week Conference, a weekend of panels and discussions in the nation’s capital with the goal of democratizing information about the future of financial technology. His paper, “What Do the Data Reveal About (the absence of Black) Financial Regulators?” was published by Brookings last year and is a testament to his intersectional approach to financial technology and regulation, incorporating race, class, and demographics, and concerns about representation into his body of work. He has had the distinction of serving on transition team for Joe Biden and Kamala Harris, and has advised regulators, including ESMA on the future of innovation. He was recently added to Fannie Mae’s  in February of 2021.

NFTs are only a term of art, and difficult to pin down even among experts. But the technology defining them is straightforward.  

“It’s a serialized piece of information that exists in a public blockchain context,” Carter says after comparing them to bitcoin, the fungible currency, “It’s a way to take a serial number which uniquely addresses some item, some data, some piece of content, and insert it onto public Blockchain rails[…] so it is innately financialized and can be traded on a peer-to-peer network.” In the short term, as Nic Carter explains, that means that NFTs are currently being used as a way to ensure, if not complete exclusivity, then at least a more controlled way to claim ownership of otherwise eminently fungible digital media such as digital art, game assets, or tweets.

Amy Luo of Centre.io is focused on the long-term as she imagines the future of NFTs: “In the future, almost all data on web free will be in a form of NFTs. Not just in the form of digital goods we see today but shopping lists, medical history. In the future we aren’t going to be talking about what an NFT is or isn’t but whether you’re receiving or transmitting.” While the implications of that may seem scary, the goal, as Luo points out, is freedom of information. The ability for an individual to take ownership of the information they disseminate of social media or through patient portals is galvanizing when you consider how much data is freely given away to brokers through websites like Facebook and Twitter. 

When it comes to the ability of NFTs to create scarcity and value in digital art, Dr. Brummer is quick to observe the values of the analog version. “Ebooks are great and you can search quickly, but if you’re like me, there’s nothing like a real book: the texture, the feel, even the smell.” While Nic Carter argues that the value of a non-fungible token over a piece of physical art is the lack of degradation, he’s also quick to admit that the tokens don’t constitute the same kind of ownership. “You’re not buying the original piece. You don’t have any rights associated with that. You’re just buying a fixed vintage with some association from the artist.” This isn’t to say artists can’t make the deal more enticing by throwing in IP rights as well, but that’s a separate service not included within the promise of an NFT. Knowing all of this and knowing that these are still uncharted waters, Dr. Brummer moves on to investigate what the value of NFTs is.

Amy Luo argues that NFTs can be bought for personal enjoyment and fulfillment but also as a form of investment. Like Bitcoin, the value of the non-fungible tokens is entirely consumer driven, so the question then becomes: what can be done to ensure purchasers’ return on investment? Amy Luo gives the example of a musician creating a song and dividing it into 100 discreet NFTs. It’s entirely dependent on how the song, as a product and investment, is marketed by the artist and how much of an understanding the public has on the value of the song. Both experts in the conversation with Dr. Brummer admit that the COVID-19 pandemic has had a major effect on crypto and NFTs just because of the sheer number of people who have taken up trading, collecting, and amateur investment through websites like Coinbase. “It’s the most mainstream corner of the crypto market,” Nic Carter admits when asked about the future viability of NFTs, “I do expect it to be an enduring feature of the market.” Amy Luo brings up the bubble of both crypto and NFTs, but also believes that NFTs are not just here to stay, but haven’t even hit their stride yet. “This is the recipe printing phase of the internet. Once we get over this hump we’re going to see some crazy innovation happen.” 

For financial regulators, the world of crypto continues to be the wild-west of IP and ownership laws, with some early adopters of non-fungible tokens already losing access to what they have bought, tens of thousands of dollars effectively disappearing overnight. According to Dr. Brummer, regulatory questions abound, too, due to the myriad legal and theoretical questions that crypto generates.  Indeed, for Brummer, they’re worth serious thought, and even personal introspection.  The opportunities for ownership of information that Amy Luo espoused seem great, but the risk and volatility of NFTs as investments and even collectables can be considerable too, and deserve a rigorous policy conversation. 

To hear the full episode on NFTs, go to Apple Podcasts or Spotify.  To learn more about Dr. Chris Brummer’s research, click here