Скачать или смотреть From Banks to Blockchains: The Epic Clash of DeFi and CeFi!

👉 What is DeFi ?
DeFi is a decentralized financial system that uses blockchain technology and allows for secure, transparent, and trustless transactions.
DeFi also uses Smart Contracts, which are self-executing code that only executes once the pre-agreed criteria within the smart contract have been met.
This allows users to trade, swap assets and more, without someone to approve the transaction.

👉 What is CeFi ?
CeFi is used to describe any centralized financial system that is controlled by a central authority, such as banks and other financial institutions. CeFi is based on trust, with users putting their money in the hands of intermediaries they trust, to manage their assets and execute transactions.

Timestamps ⏳

00:00 Intro

1:05 What is Decentralized Finance - DeFi ?

3:20 What is Centralized Finance - CeFi ?

4:20 Which is better ?


❓ Questions you might have ❓

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#DeFi #CeFi