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💥 In this video, we are going to talk about What’s DeFi?
Technology’s use in financial services is not new. Nowadays, technology is used to complete the majority of transactions at banks and other financial services firms. However, technology’s function is limited to that of a facilitator in such transactions. Companies must also navigate the legalese of various jurisdictions, overlapping capital markets, and differing requirements in order to complete a deal. DeFi, with its stack of popular software protocols and public blockchains on which to develop them, puts technology at the forefront of financial transactions.
DeFi is often associated with blockchain and cryptocurrencies. However, it has a much broader reach. It’s necessary to understand the current state of the finance ecosystem in order to comprehend the thought processes that led to the emergence of decentralized finance.
Topic Discussed in this Video:
1. The Current State of DeFi.
2. What are the advantages of DeFi?
3. Where is DeFi and how can I access it?
4. Where did DeFi come from?
5.What’s wrong with traditional finance?
#cryptocurrencycointv #DeFi #crypto #cryptocurrency2021
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