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This video by Simplilearn is based on What is DeFi? and How DeFi works? DeFi is a short form for Decentralised Finance. Decentralized finance offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain. Don't forget to take the quiz at 04:13!

This video covers the following:
00:00 Introduction to what is DeFi?
01:14 What is DeFi?
04:13 Quiz about what is DeFi?

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What is Blockchain?
Blockchain is one of the leading technologies in the IT world. Blockchain is a revolutionary technology that has changed how transactions work. It intends to provide a safe and secure mode of transactions, by using digital cryptocurrencies, that cannot be manipulated by anyone with ulterior motives. Blockchain is a set of blocks that record information of transactions like who made the transaction to whom, the amount of trade in the form of a digital ledger that is distributed across the entire network, making it more secure and impossible to change, hack or cheat the system. Then it is verified and validated by every node in the blockchain network to proceed with the process of making the transactions.

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➡️About Professional Certificate Program In Blockchain
The blockchain certification program helps the learners start from the fundamentals and then cover all the technical and functional aspects needed to build any blockchain solution using the best tools and techniques in the industry. In this program, they will build smart contracts, and bitcoin wallets, create transactions, fabricode, and more.

✅Key Features
- Program completion certificate from IIT Kanpur and Simplilearn
- Masterclasses from IIT Kanpur faculty
- Seamless access to integrated labs on Simplilearn’s LMS
- Get hands-on experience with a capstone on industry-relevant use cases
- Build skills to become job-ready and advance your career
- Simplilearn's JobAssist helps you get noticed by top hiring companies

✅Skills Required
- Cryptography and Cryptocurrency
- Bitcoin
- Distributed ledger
- Hyperledger
- Ethereum Blockchain
- Consensus
- &more

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