A named credential specifies the URL of a callout endpoint and its required authentication parameters in one definition. Salesforce manages all authentication for Apex callouts that specify a named credential as the callout endpoint so that your code doesn’t have to.
This video will explain about named credential, benefit of using named credential, identity type in named credential and supported authentication type.
Some use case like Named Principle and Per user explained with demo, Linked integration and how to use in external service is explained with demo.
Blog: https://salesforcecodex.com/
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