Peer To Peer Lending With Decentralized Finance Training Ppt

Slide 1

This slide depicts information about peer-to-peer lending. It emphasizes that peer-to-peer (P2P) lending networks consist of two or more users who communicate, share data, and provide lending services without using a central server. It also mentions that peer-to-peer lending networks are integrating with Blockchain-based smart contracts. This is leading now to the evolution of Decentralized Finance (DeFi).

Slide 2

This slide illustrates information regarding Crypto-Based Peer-to-Peer Lending. It highlights that the P2P market has continued to evolve with the introduction of cryptocurrency, as decentralized networks and smart contracts open new avenues for accessing financial services outside of traditional banking infrastructure. Borrowers and lenders can enter into a loan agreement using Blockchain technology without the need for an intermediary.

Slide 3

This slide showcases the information regarding Cryptocurrency Lending. It highlights detailed steps in the cryptocurrency lending process.

Slide 4

This slide depicts information about decentralized finance. It emphasizes that decentralized finance is an ecosystem of financial applications based on Blockchain technology. It operates without a third party or centralized administration. It also mentions smart contracts as the foundation of DeFi (decentralized finance). The smart contracts are self-executing and not require intermediary oversight.

Slide 5

This slide illustrates information regarding DeFi lending. It highlights that a borrower can obtain a loan directly from a decentralized platform known as P2P lending. It mentions that Defi lending platforms aim to provide crypto loans in a trust-less manner, that is, without intermediaries, and to allow users to stake their crypto coins on the platform for lending purposes.

Slide 6

This slide illustrates the difference between DeFi and Traditional lending. It also highlights that Blockchain is the underlying technology for DeFi lending. Defi takes advantage of its unique features and outperforms traditional lending. 

Slide 7

This slide depicts the benefits that DeFi lending provides to its users. The benefits are permissionless, transparency, immutability, programmability, interoperability, and self-custody.

Instructor’s Notes: The benefits that DeFi lending provides to its users are:

• Permissionless: Defi lending allows for open, permissionless access, which means that anyone with a crypto wallet can access Defi applications built on Blockchain, regardless of location or minimum amount of funds required
• Transparency: The public blockchain broadcasts every transaction on the network and every user identifies it. This level of transparency around transactions enables rich data analysis and ensures that every user on the network has verified access
• Immutability: The decentralized architecture of Blockchain ensures tamper-proof data coordination while also increasing security and ease of audit
• Programmability: Smart contracts are highly programmable, allow for automated execution, and create new digital assets and financial instruments
• Interoperability: The use of a software stack that is interconnected ensures that Defi protocols and applications integrate and complement one another
• Self-custody: The usage of Web3 wallets like Metamask assures that Defi market users retain substantial custody of their assets and control over their data