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RE: LeoThread 2023-08-31 10:54

in LeoFinance • 2 years ago (edited)

Small businesses face so many operational cost due to many reasons but web3 tend to reduce those cost to the minimum through many ways . #outreach #threadstorm

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Defi which is a key component can reduce costs for small businesses by allowing them to access a wider range of loan options at lower interest rates.
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Web3, smart contracts—self-executing code on the blockchain can facilitate direct peer-to-peer transactions. This eliminates the need for intermediaries, allowing small businesses to conduct business without paying fees to middlemen.
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 2 years ago (edited) 

intermediaries help small businesses connect with customers, suppliers, and other businesses in their industry. But they often ask for money or a part of the sales they help with.

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Thanks for your threadstorm but you seem to have missed to include your post link :)

Thanks fren and good morning, .

Thank you too. Enjoy your Friday :)

Web3 has the potential to transform how businesses operate, find out how in this article.

https://leofinance.io/@ngobaby/small-businesses-could-minimize-operational-cost-through-web3