From the course: Introduction to Fintech
Join today to access over 25,300 courses taught by industry experts.
Blockchain and decentralized finance
From the course: Introduction to Fintech
Blockchain and decentralized finance
- [Instructor] And another ongoing major development is the continued growth of blockchain and decentralized finance technology in general. DeFi, which stands for decentralized finance, presently allows for trustless peer-to-peer digital payments without the need for traditional intermediaries, as well as decentralized exchanges, where buyers and sellers can exchange assets directly without the need for a centralized exchange or broker. However, blockchain technology can be used for much, much more. For example, smart contracts that automate all sorts of transactions, and execute them automatically when certain conditions are met, kind of like a virtual vending machine. Blockchain technology can also allow for decentralized identity verification and logistics, as well as proof of authenticity, like we see in NFTs.
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.