Understanding Defi | Smart Contracts| Stable Coins | Apps | Quiz Included |Payments Series - Part 18

#defi  #ethereum  #payments #stablecoin  #smartcontract  #CardsandPayments #ezeefied

Hi All,

In this video we will cover a very important topic that is becoming very hot these days - Defi or Decentralized Finance. If you are working in IT projects as developers , analysts or testers then you will find this video quite useful as well

Why did we need to come with a concept like Defi after Cryptocurrency?
Do Defi Apps help to bring out the best of both worlds that is traditional finance and Crypto currencies ?
How do smart contracts work ?
What are Decentralized Applications ?
What are Stable coins ?
All these questions are answered in an ezeefied way . Since this covers end to end explanation the video is around 30 minutes

Therefore , if you wish to skip to a particular section you can use
This timeline index . That said, if you are new to this topic then I will strongly recommend you to see the entire video for maximum effectiveness and understanding.

Chapters:

Introduction : 00:00:00
Different Products in Defi and how can you engage with them ? : 00:07:34
Difference between Traditional Finance and Defi: 00:11:52
Disadvantages of Defi: 00:15:50
What is a smart Contract : 00:18:29
What are Stablecoins : 00:23:44
What are  Decentralised Apps? 00:27:40

Practice Quiz on Defi here:
https://www.ezeefied.com/cards-and-pa...

Master the Cards and Payments Domain! Enroll in my Udemy course using my referral link and boost your career today

https://www.udemy.com/course/understa...

Reference Links ( These will be updated from time to time ):

https://www.coinbase.com/blog/a-begin...
https://ethereum.org/en/defi/
https://wifpr.wharton.upenn.edu/wp-co...
www.coinbase.com


Next up , we will be focussing a bit more on these areas and I will be making more videos on these topics . Do leave a comment and let me know what did you think about this video , feedback and any queries that you may have


Now you can login to http://ezeefied.com for all you needs on Cards and Payments Domain , Business Analysis , Data and Analytics .Do let me know what you think about the website by either leaving a comment on Youtube here or use the query form on the website . Thank a lot guys, your encouragement  means everything to me .

Now you can use my referral link to get some free crypto and start your journey on www.coinbase.com. You will and me both will get $10 when you do a purchase of $100 on coinbase !   Also you can earn free crypto while watching learning videos . So clicking on the link below and signing up is a no brainer !

https://coinbase.com/join/khande_dl?s...

Please don’t forget to Like, Share and Subscribe this video

Also don't forget to check out the practice questions and loads of other useful resources at www.ezeefied.com

Pictures and videos Credits :
www.pexels.com
www.wikipedia.com
Video by Pressmaster: https://www.pexels.com/video/digital-...
Video by Pressmaster: https://www.pexels.com/video/digital-...
Video by Tima Miroshnichenko: https://www.pexels.com/video/financia...
Video by Anna Nekrashevich: https://www.pexels.com/video/marketin...
Video by Bedrijfsfilmspecialist.nl: https://www.pexels.com/video/a-comput...
Video by Ron Lach : https://www.pexels.com/video/person-u...
Video by RODNAE Productions: https://www.pexels.com/video/industry...
Video by RODNAE Productions: https://www.pexels.com/video/industry...
Photo by David McBee: https://www.pexels.com/photo/round-go...
Video by Monstera: https://www.pexels.com/video/illustra...