General Overview and Introduction to DeFi

Published by Mario Oettler on

Last Updated on 3. May 2023 by Martin Schuster

Here, we give a short DeFi-nition 😉 of what decentralized finance is.

In Decentralized finance (DeFi), financial service providers use blockchain to offer financial instruments. Instead of relying on centralized intermediaries, DeFi proposes a decentralized approach utilizing smart contracts running on a blockchain.

This includes different services like borrowing & lending, trading, prediction markets, etc.

Previous Lesson
Back to Lesson
Next Topic
Categories:
https://blockchain-academy.hs-mittweida.de/wp-content/uploads/2021/04/logo_bcam_rgb_gross.png

Welcome

Blockchain Academy

Continue with credential

No account yet?

Powered by Hidy

Register with Hidy

Register
Sign in

We need the following credential to register:

please select:

To create a new account, we need the following data from you:

We would appreciate the following additional information from you for the creation of your account:

You don't know Hidy yet?
No problem, you can find out more about us here!

Welcome

Blockchain Academy

Continue with credential

Already have an account?

Powered by Hidy

Sign in with Hidy

Register
Sign in

We need the following credential to log in:

please select:

You don't know Hidy yet?
No problem, you can find out more about us here!

Do you need assistance?
Click here to open chat.

Privacy Notice: This chat sends your questions to an external AI server.
How can we help you?
  • Please note: All questions, chat history, and feedback are sent to an external AI server for processing. Do not share sensitive personal information.

    All responses are generated by AI. Independently verify and fact-check all information before use.
  • No Chat History yet, start talking...