How Smart Contracts Power DeFi Lending Platforms

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United States Science·WHYS
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DeFi Lending Explained 👉 Discover how smart contracts revolutionize peer-to-peer lending on DeFi platforms. This explainer breaks down how automation, security, and transparency enable easier borrowing and lending without banks, while also covering key benefits and challenges of DeFi smart contracts.

00:00 🔹 What Are Smart Contracts?
00:36 🔹 DeFi Lending Platforms: A New Way to Borrow and Lend
01:11 🔹 How Smart Contracts Automate the Lending Process
01:50 🔹 Benefits of Using Smart Contracts in DeFi Lending
02:23 🔹 Challenges and Considerations

🏷️ smart contracts, DeFi lending, decentralized finance, blockchain technology, crypto lending, peer to peer lending, DeFi explained, how smart contracts work, crypto loans, DeFi platforms, blockchain security, automated lending

📌 Financial Technology (FinTech) Mechanics 🔸 FinTech Lending Platforms 🔸 Explained: The Role of Smart Contracts in DeFi Lending Platforms



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