If you’re new to DeFi, it’s going to sound like something from science fiction. DeFi, short for Decentralized Finance, is becoming more and more popular as the main use case for cryptocurrencies and blockchain technology. It’s called “Decentralized” because it replaces centralized corporations (like banks, insurance companies & trading exchanges) with computer code that no one owns. In this video, Teeka Tiwari breaks down what DeFi is and the benefits of it.
Contents of this Video
0:42 DeFi Vs. CeFI
1:30 Blockchain Technology
1:56 Blockchain and Borrowing
3:23 The Power of Blockchain
4:02 DeFi Stablecoins
4:49 DeFi Exchanges
5:56 Recap and Benefits of DeFi
DeFi Technologies is a publicly-traded company listed on the NEO Exchange (Ticker: DEFI), OTC (Ticker: DEFTF) in the United States and in Germany on the Frankfurt exchange (Ticker: RMJR). The company’s mission is to democratize access to the DeFi trend.
DeFi Technologies on NEO Exchange – https://www.neo.inc/en/live/security-…
DeFi Technologies on the OTC Markets – https://www.otcmarkets.com/stock/DEFTF/overview
DeFi Technologies on Frankfurt Exchange – https://www.boerse-frankfurt.de/equit…
#decentralizedfinance #defi #blockchain #cryptocurrency #finance