As an operator of a small online store, I deeply feel the troubles of inefficiency and high costs of traditional financial institutions. It wasn't until I came across a new type of Decentralized Finance service that I realized financial services could be so convenient and efficient.

The accounts receivable financing function of this new service is impressive. In the past, when faced with customer payment delays, seeking help from factoring companies to cash in early often involved high interest rates and extremely cumbersome procedures. Now, through blockchain technology, we can obtain 80% of the accounts receivable in as fast as one day, with interest rates only half of that of traditional banks.

The automatic payment feature has greatly simplified daily operations. Once the payment rules are set, the system automatically pays the suppliers on time, eliminating the hassle of late-night accounting. All transaction records are securely stored on the blockchain, significantly facilitating the reconciliation process and saving financial personnel a lot of work time.

For small and medium-sized enterprises with global operations, the cross-border payment function has solved a major problem. My clients are spread across more than a dozen countries, and previously, the payment methods in each country were quite different. Now, through this new type of Financial Service, not only is the payment speed faster, but the handling fees have also been reduced by over 70%.

This innovative Decentralized Finance service truly meets the needs of small and medium-sized enterprises, providing us with more convenience and opportunities. It not only improves the efficiency of capital turnover but also significantly reduces operational costs, allowing us to focus more on business development and innovation. In today's rapidly changing business environment, such financial innovation is undoubtedly a strong support for small and medium-sized business owners.