Concept Of Decentralized Finance Defi In Web 3 0 Training Ppt
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This slide illustrates information regarding Decentralized Finance DeFi in Web 3.0. It emphasizes that DeFi Decentralized Finance is a component of Web 3.0 thats gaining steam. It entails executing real-world financial transactions on the blockchain without the help of banks or the government. Instead, DeFi uses smart contracts, which are blockchain-based programs that execute actions automatically when certain conditions are met. It also mentions that Metaverse tokens can be easily purchased or sold using smart contracts, peer-to-peer transactions, and other methods via DeFi networks.
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