Learn Blockchain Basics 101 for FREE - What is DeFi in Blockchain | Decentralized Finance Explained

Get Certified in Blockchain Technology. Both tech and Non-Tech can apply! 10% off on Blockchain Certifications. Use Coupon Code - blockchain10 ➡️ https://bit.ly/3VvzqSN What is Decentralized Finance (or DeFi)? Well, it is a financial system that eliminates third parties such as banks from financial exchanges by using blockchain technology. Instead of using an intermediary that controls the financial flow, DeFi uses P2P (peer to peer) to eliminate the limitations of a centralized system without compromising security. Sounds interesting? Then do watch this video and learn what is Defi in blockchain along with how does Defi works. Video Walkthrough, 0:00 Introduction 0:16 What is DeFi in Blockchain | DeFi Explained 1:27 Can't Banks use DeFi? 2:17 How does DeFi works? A short explanation 3:07 Applications of Decentralized Finance 5:34 Traditional Finance vs DeFi 7:25 Pros and Cons of DeFi 10:30 Key Takeaway: Future of DeFi Recommended Videos, Introduction to Blockchain Security Issues & Vulnerabilities https://www.youtube.com/watch?v=dl8Hl91siM8 Types of Blockchain Explained | Blockchain Types https://www.youtube.com/watch?v=FcfPU3rYVAk What is Forking in Blockchain | Blockchain Forks Explained https://www.youtube.com/watch?v=YSKC_8N_ABM What is Hashing in Blockchain | Blockchain Hashing Explained https://www.youtube.com/watch?v=5Nbia23Ju_E Proof of Work vs Proof of Stake vs Proof of Authority Explained https://www.youtube.com/watch?v=2EabDUGIkBg What are Smart Contracts in Blockchain, its Importance & How Smart Contracts Work https://www.youtube.com/watch?v=hb5lifYSJt8 What is Tokenomics Explained | Tokenomics 101: Everything You Need To Know https://www.youtube.com/watch?v=38CQ6l5bxEI Blockchain vs Hashgraph vs DAG vs Holochain | Types of DLT Explained https://www.youtube.com/watch?v=JjMWrXqsrUs Blockchain Prerequisites | Blockchain Learning Path to Kickstart Your Journey https://www.youtube.com/watch?v=SP9UGROYE5E 28+ Important Blockchain Terms Explained | Blockchain Terminology https://www.youtube.com/watch?v=-VwTgmaNa2g 7 Skills Needed to Become a Blockchain Developer https://www.youtube.com/watch?v=x9l3y0cdpuU Introduction to Cryptography in Blockchain (Explained) https://www.youtube.com/watch?v=QUG-T3E05P4 60+ Top Cryptocurrency Explained Simply in 10 Minutes https://www.youtube.com/watch?v=MeOwCeVfkpc Got feedback on this video? Feel free to share your views in the comment section below. Let's get social! https://twitter.com/brandlitic https://www.instagram.com/brandlitic https://www.facebook.com/brandlitic #Crypto #Blockchain #DeFi #DecentralizedFinance #BlockchainTechnology #Fintech #Bitcoin #Ethereum