IT & Software → Blockchain → DeFi Basics → Introduction to DeFi Basics

Overview

Decentralized Finance (DeFi) is a new way of managing money using blockchain technology. It allows people to borrow, lend, and trade without traditional banks. In this introduction, you will learn the basic concepts of DeFi, how it works, and its benefits. By understanding DeFi, you can explore new financial opportunities and be part of the future of finance.

📚 Key Learning Objectives

  • Define key terms related to DeFi.
  • Explain how DeFi differs from traditional finance.
  • Identify popular DeFi platforms and their functions.
  • Describe the benefits and risks of using DeFi.
  • Demonstrate how to use a basic DeFi application.