About this series
What Is Decentralized Finance
Decentralized Finance is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum.
There are some major advantages of using DeFi, including cost, speed and security. Anyone with an internet connection has access to blockchains and cryptocurrencies. Users are able to make trades and move their assets whenever they want without having to wait on bank transfers or pay bank fees.
Decentralized finance is quickly rising as a more secure, more transparent, and more efficient alternative to traditional financial services. By eliminating the need for centralized financial institutions, we create a more open and trustworthy financial system, and one that's far more accessible.
Therefore, decentralized finance is a very near equivalent of an apocalyptic event for the traditional financial institutions.
How You Will Benefit
(I) Insights, and validations about the following topics:
Chapter 1: Decentralized Finance
Chapter 2: Blockchain
Chapter 3: Smart Contract
Chapter 4: Cryptocurrency
Chapter 5: Virtual Currency
Chapter 6: Central Bank Digital Currency
Chapter 7: E-Democracy
Chapter 8: Ethereum
Chapter 9: Bitcoin
Chapter 10: Diem (digital Currency)
(II) Answering the public top questions about decentralized finance.
(III) Real world examples for the usage of decentralized finance in many fields.
(IV) 17 appendices to explain, briefly, 266 emerging technology in each industry to have 360-degree full understanding of decentralized finance' technologies.
Who This Book Is For
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of decentralized finance.
Titles in the series (3)
- Distributed Ledger: Putting the Wealth and Faith in a Mathematical Framework, Free of Politics and Human Error
1
What Is Distributed Ledger A distributed ledger is a database that is consensually shared and synchronized across multiple sites, institutions, or geographies, accessible by multiple people. It allows transactions to have public "witnesses." The participant at each node of the network can access the recordings shared across that network and can own an identical copy of it. Any changes, or additions, made to the ledger, are reflected, and copied to all participants in a matter of seconds or minutes. Blockchain is using the underlying technology of distributed ledgers. Bitcoin is using the underlying technology of Blockchain. Blockchain is a type of distributed ledger used by bitcoin. Blockchain is the latest buzz words in the market. Bitcoin is great, but the potential of the underlying technology is immense. Something that started as an evolution is soon going to cause a revolution. Investors are cashing in huge amount because they understand the fortune of this ingenious technology is very bright. Industry experts and tech enthusiasts are producing blockchain-based products every next day. So, wait not, and get industry-ready with this book which will describe distributed ledger in depth. How You Will Benefit (I) Insights, and validations about the following topics: Chapter 1: Distributed Ledger Chapter 2: Hyperledger Chapter 3: Confidential Consortium Framework Chapter 4: Eventual Consistency Chapter 5: ACID Chapter 6: CAP Theorem Chapter 7: Concurrency Control Chapter 8: Jakarta Transactions Chapter 9: Transactional NTFS Chapter 10: Two Phase Commit Protocol Chapter 11: CRUD Chapter 12: OSI Model (II) Answering the public top questions about distributed ledger. (III) Real world examples for the usage of distributed ledger in many fields. (IV) 17 appendices to explain, briefly, 266 emerging technology in each industry to have 360-degree full understanding of distributed ledger' technologies. Who This Book Is For Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of distributed ledger.
- Digital Currency: While All Cryptocurrencies Can Be Termed as Digital Currencies, the Reverse Is Not True
2
What Is Digital Currency While all cryptocurrencies can be termed as digital currencies, the reverse is not true. Cryptocurrencies are managed by a computer algorithm, while digital currencies are backed by an authority Now, digital currencies exhibit properties like other currencies, but do not have a physical form like that of banknotes and coins. You can receive, transfer and / or exchange digital currency for another currency. For example, it can be used to pay for goods and services, in an online store. Cryptocurrencies like Bitcoin and Ethereum are pieces of computer code that are not managed by any authority. Creation, as well as use, is maintained through a distributed ledger, typically a blockchain, that serves as a public financial transaction database. So, cryptocurrencies typically use decentralized control where there is no presence of a third party to have authority over the investor. One of the most significant differences between digital currency and cryptocurrency is the underlying technology. Digital currency is a digital format of fiat money whereas cryptocurrencies are built on the blockchain. Cryptocurrencies are not under the control of any single entity. Digital currency, however, is under the direct control of the central bank. When it comes to digital currency, the issuing authority is of prime importance. How You Will Benefit (I) Insights, and validations about the following topics: Chapter 1: Digital Currency Chapter 2: Complementary Currency Chapter 3: Automated Clearing House Chapter 4: Cashless Catering Chapter 5: Cashless Society Chapter 6: Community Exchange System Chapter 7: Cryptocurrency Exchange Chapter 8: Cryptocurrency Wallet Chapter 9: Central Bank Digital Currency Chapter 10: Digital Wallet Chapter 11: E-Commerce Payment System Chapter 12: Electronic Money Association Chapter 13: Electronic Funds Transfer Chapter 14: Local Exchange Trading System Chapter 15: Payment System Chapter 16: Private Currency (II) Answering the public top questions about digital currency. (III) Real world examples for the usage of digital currency in many fields. (IV) 17 appendices to explain, briefly, 266 emerging technology in each industry to have 360-degree full understanding of digital currency' technologies. Who This Book Is For Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of digital currency.
- Decentralized Finance: The apocalyptic event for the traditional financial institutions
3
What Is Decentralized Finance Decentralized Finance is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum. There are some major advantages of using DeFi, including cost, speed and security. Anyone with an internet connection has access to blockchains and cryptocurrencies. Users are able to make trades and move their assets whenever they want without having to wait on bank transfers or pay bank fees. Decentralized finance is quickly rising as a more secure, more transparent, and more efficient alternative to traditional financial services. By eliminating the need for centralized financial institutions, we create a more open and trustworthy financial system, and one that's far more accessible. Therefore, decentralized finance is a very near equivalent of an apocalyptic event for the traditional financial institutions. How You Will Benefit (I) Insights, and validations about the following topics: Chapter 1: Decentralized Finance Chapter 2: Blockchain Chapter 3: Smart Contract Chapter 4: Cryptocurrency Chapter 5: Virtual Currency Chapter 6: Central Bank Digital Currency Chapter 7: E-Democracy Chapter 8: Ethereum Chapter 9: Bitcoin Chapter 10: Diem (digital Currency) (II) Answering the public top questions about decentralized finance. (III) Real world examples for the usage of decentralized finance in many fields. (IV) 17 appendices to explain, briefly, 266 emerging technology in each industry to have 360-degree full understanding of decentralized finance' technologies. Who This Book Is For Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of decentralized finance.
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