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Description

Ivan Zang, CEO and Co-Founder of PennyWorks, explains what Decentralized Finance is and how it works. He also gives his insight into the recent Digital Currency Turmoil.

Time Codes:

1:19 Protection Against Inflation

2:54 DeFi/ Decentralized Finance

4:10 Tied to Crypto?

5:14 Why is it called a Smart Contract?

6:56 How it Works

8:38 Recent Digital Currency Turmoil

11:20 Scams

13:54 Real-Time Access

19:43 Current Crypto Currency Volatility

23:56 What’s next for Centralized Bank Policy

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Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.