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Learner Reviews & Feedback for Decentralized Finance (DeFi) Infrastructure by Duke University

4.8
stars
1,355 ratings

About the Course

Decentralized Finance: The Future of Finance is a set of four courses taught by Campbell R. Harvey (Professor of Finance at the Fuqua School of Business, Duke University, and a Research Associate of the National Bureau of Economic Research) that focus on decentralized finance (DeFi). In this first course, we begin by exploring the origins of DeFi and take a broad historical view from the earliest barter economies, such as the first peer-to-peer exchanges of bartering, to present day. The course also looks at historical examples of money having value even though it is not officially backed. We then focus on the key infrastructure components: blockchain, cryptocurrency, smart contracts, oracles, stablecoins and decentralized applications (or dApps). This includes discussion of the mechanics of the Ethereum and Bitcoin blockchains including cryptographic hashing. Next, we focus on the specific problems that DeFi is designed to solve: inefficiency (costly, slow, and insecure today), limited access (1.7 billion are unbanked), opacity (we need to trust regulators to monitor banks and the regulators have mixed records), centralized control (financial system is oligopolistic imposing higher fees than we would have in a competitive market) and lack of interoperability (it is difficult to move funds from one financial institution to another today). The course closes by exploring many of the myths about the crypto space....

Top reviews

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Great course! It does help that I am a finance student with a little bit of running knowledge of economics, and traditional finance. Also helps me see the centralized system from another angle!

GC

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very high level, very short course

maybe could have more support material to go deeper into some topics but i guess we will do that on part 2 , 3 and 4

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301 - 305 of 305 Reviews for Decentralized Finance (DeFi) Infrastructure

By Radha M K V

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Sep 14, 2022

Very basic introduction. Could have been better with some illustrations. Lots of slides with lots of bullets that author voices over- fortunately its not just read out as is. Lots of "DeFi this, DeFi that, you can combine tokens to create new tokes, you can fork away" without explaining any of that. No sound theory so far, feels more like a hyped DeFi worshop posing to give some balanced angle. No math, no code, no software, no details on protocols. Not bad for getting a quick overview of buzz words, but thats it. Planning to try the next one in the series. Hoping that would be better.

By Raul R P

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Oct 31, 2022

This course is focused on trying to justify the use case of criptocurrencies and DeFI, instead of explaining the concepts of DeFi infrastructure. Too much effort is put into convincing the student that DeFi is better than CeFi. Rougly half of the time is spent trying to justify the doubtful benefits of DeFi compared to CeFi, so the teaching pace is very slow and the DeFi concepts are barely skimmed and always mixed with biased opinions about the conveniency of DeFi against CeFi.

By Giovanni A

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Jul 20, 2022

From the beginning I have had the impression that the professor wanted to 'sell' the idea that DeFi only has advantages, that it is the best option deal with transactions and so on, accurately forgetting or minimizing the seversl drawbacks. Many of the topics covered were not explained clearly but only slightly mentioned, moreover his pronunciation of the word 'finance' was hard to tolerate throughout the course.

By Thomas R

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Jul 12, 2022

Not worth it. This is an opinion piece with basic terms and NOT an academic overview of DeFi.

By Sapan S

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Mar 15, 2022

Very poor quality course. The lecturer doesnt know hsi subject and was expremely poor. Didnt expect this from a Duke prof.