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Mastering Blockchain, Fourth Edition - Fourth Edition
book

Mastering Blockchain, Fourth Edition - Fourth Edition

by Imran Bashir
March 2023
Intermediate to advanced
818 pages
25h 41m
English
Packt Publishing
Content preview from Mastering Blockchain, Fourth Edition - Fourth Edition

21

Decentralized Finance

Decentralized finance is a new financial system built using smart contracts and the blockchain technology that operates in a decentralized manner without relying on traditional financial intermediaries.

In this chapter, we’ll cover the following topics:

  • Introduction
  • Financial markets and trading
  • Application of blockchain in finance
  • Decentralized finance
  • DeFi primitives
  • DeFi services
  • DeFi benefits
  • Using Uniswap

Now let’s have a quick introduction to finance and financial markets. This will provide a foundation for the material presented next, such as DeFi, as many of the terms and ideas are the same, albeit in a different context.

Introduction

Finance is the study and management of money, investments, the creation of ...

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Publisher Resources

ISBN: 9781803241067