Skip main navigation

Week 1 summary

Summary of week one tasks and objectives
Screen showing Ethereum stock price

Congratulations! You have completed week 1 of Decentralised Finance: Blockchain, Ethereum, and The Future of Banking.

By completing this week, you should now be better able to:

  • define key DeFi terms
  • describe cryptocurrency and its blockchain foundation
  • explain the role of smart contracts in DeFi
  • differentiate DeFi from traditional, centralised finance (CeFi)

In week 2, we will put the knowledge acquired this week to work by doing some hands-on DeFi.

Before you move on to week 2, let’s check your understanding with a brief quiz on the content we covered this week. Use this quiz to gauge your understanding of the content and identify areas where you would benefit from further review. You can take the quiz as many times as you wish.

This article is from the free online

Decentralised Finance: Blockchain, Ethereum, and The Future of Banking

Created by
FutureLearn - Learning For Life

Reach your personal and professional goals

Unlock access to hundreds of expert online courses and degrees from top universities and educators to gain accredited qualifications and professional CV-building certificates.

Join over 18 million learners to launch, switch or build upon your career, all at your own pace, across a wide range of topic areas.

Start Learning now