New eBook from Amberdata: The Decentralized Finance (DeFi) Primer. Decentralized Finance (DeFi) is an umbrella term for a global financial system operating on public blockchains. The abbreviation sounds like “DE-fy”, which is intentional.
DeFi was coined in 2018 by a group of entrepreneurs and Ethereum developers who wanted to create an alternative to traditional finance. While there is no single inventor, DeFi applications were first developed for the Ethereum blockchain. DeFi uses technology to create a peer-to-peer marketplace to facilitate transactions, replacing the middleman (e.g., banks or brokerage firms).
Our DeFi Primer eBook will provide you with an overview of the space and the infrastructure components that drive it. Five key protocols are also discussed: trading, borrowing/lending, staking, insurance, and asset management.
As DeFi becomes pervasive, whether you're a traditional financial institution looking to build or a crypto native looking to expand, use our Decentralized Finance (DeFi) Primer eBook to learn about the biggest shift in the history of finance.
Download The Decentralized Finance (DeFi) Primer eBook below!