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MODULE 5 Financial Service Applications

Chapter Overview

In this module, the topics of crypto products and services (i.e., lending and borrowing and crypto exchanges) will be covered. Moreover, the tokenization of assets such as real estate, NFTs and items in the Web3 space and their role for the crypto ecosystem will be covered.

Learning Objectives

After the first module, you should be able to:

  • Explain the concept of borrowing, lending, and tokenizing, staking and flash loans.
  • Understand the differences between traditional lending and borrowing and decentralized lending and borrowing.
  • Understand the concept of tokenization and their real-life applications and their use in the crypto ecosystem.
  • Discuss the history of exchanges and understand their position in the crypto ecosystem.
  • Understand web3 and their real-life applications and their use and role in the crypto ecosystem.
  • Understand the potentials and risks in regards with web3 as compared to previous iterations of the internet.
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