75. What That Means with Camille: NFTs (Non-Fungible Tokens), Pt1

<p><span style="font-weight: 400;">In this episode of</span> <em><span style="font-weight: 400;">Cyber Security Inside What That Means</span></em><span style="font-weight: 400;">, Camille Morhardt jumps into the non-fungible token (NFT) conversation with Mic Bowman, Senior Principal Engineer at Intel. The conversation covers:</span></p> <p><span style="font-weight: 400;">-  What an NFT is, with several examples</span></p> <p><span style="font-weight: 400;">-  How an NFT is purchased and traded</span></p> <p><span style="font-weight: 400;">-  How owning an NFT is different from owning the asset the NFT is connected to, and potential issues and opportunities that arise from that idea</span></p> <p><span style="font-weight: 400;">-  What an NFT could become in the future, and where we might be headed</span></p> <p><span style="font-weight: 400;">...and more. Don’t miss it!</span></p> <p> </p> <p><em><span style="font-weight: 400;">The views and opinions expressed are those of the guests and author and do not necessarily reflect the official policy or position of Intel Corporation.</span></em></p> <p> </p> <p><strong>Here are some key takeaways:</strong></p> <p><span style="font-weight: 400;">- NFTs, or non-fungible tokens, are a tradable representation for digital assets. It’s like the title for your car - it conveys a sense of the vehicle and ownership, but the vehicle itself is separate from the title.</span></p> <p><span style="font-weight: 400;">-  NFTs are pretty much only bought with cryptocurrency. And the NFT itself, the asset, cannot be subdividable (even if we can have partial ownership). For example, multiple people can own a piece of art together, but you can’t cut up the work of art.</span></p> <p><span style="font-weight: 400;">-  Although digital art can be copied and downloaded, what NFTs really focus on is that we create value in ownership and where it came from. What makes it valuable is our belief that it has value because of who created it, where it came from, or what it is.</span></p> <p><span s