S02E05 - Crypto Series Part II: DeFi vs CeFi

Decentralized Finance (DeFi) has the chance to revolutionize how we manage our money as we move to greater adoption of blockchain technology. Imagine a world where banks, credit card processors and all the middle men profiting from how you use your money are removed and you have complete control over when, who, and where you send your money. DeFi is cutting edge technology in the crypto space and quickly being adopted by many of today’s tech savvy community to take back control of how their money is managed. In this world, knowing the individual you transact with is optional and exchanges are managed by smart contacts instead of governments and traditional financial institutions. Join Tobias and Alex as they navigate through the limitations of the Centralized Finance model that is predominantly used today versus what the future holds once we started to see Decentralized finance being adopted. This episode provides a basic understanding of the DeFi space, real world use cases on how it’s being used today, as well covering what the future state of this topic can be. Decentral Exchanges: DYDX: https://trade.dydx.exchange - Ethereum Network Sushi Swap: https://sushi.com - Ethereum Network, Polygon Network and more Uniswap: https://uniswap.exchange - Ethereum Network, Polygon Network and more PancakeSwap https://pancakeswap.finance - Binance Smart Chain QuickSwap: https://quickswap.exchange - Polygon Network