The invention discloses a technology for realizing real-time subtitle overlay during a video call and applications of the technology. The technology comprises subtitle software, and comprises the following steps: S1, a voice recognition algorithm, namely, through a machine learning algorithm, capturing audio data in a video in real time, and converting the audio data into language data with practical meaning; S2, a character converting algorithm, namely, carrying out algorithm processing on the acquired voice data so that character information is obtained through converting in real time; S3, asubtitle display algorithm, namely, carrying out real-time character-by-character or word-by-word display on the character information; S4, an automatic sentence punctuating algorithm, namely, analyzing an audio file, so that the starting and pausing points of one sentence are acquired; and S5, a character and audio/video overlay method, namely, directly displaying characters to a video interfacein an overlay manner, so that video captions are formed, wherein the video interface does not assign the display positions of the character subtitles. Through the technology for realizing real-time subtitle overlay during a video call and the applications of the technology, after the complete sentence is acquired, all the displayed characters can be updated according to the meaning of the complete sentence.