14/11/2021
"Trust" most times being ignored but i get to figure out it's the most important tool for business success literally the hard way.
"Trust" tends to limit business capacity and not allowing it to sell in its full capacity especially those in the trade business (buying and selling) if not managed in the positive way, there is always a bone of contention which most times is caused due to disparity in the geographical locations of the business and that of the potential client as in most cases none of them is/are disponible at the time of transaction, hence the lost of that particular transaction which connotes great loss/slow growth impact on the Business.
To be able to do away with that, i think we need to disrupt the fin-tech/Defi indutry by providing awareness and sensitization on the use of escrow systems so as to allow our local products sell in the international market without the fear, yes every big e commerce has Its marchants which provide provisions for payment to local business but not all really works in nigeria, as much of our sells traffic are generated from closed group media like whatsapp status, fb status nd post. This platform at our usage level do not provide payment means which compliment trust but allow you to make and inculcate one of your own. The big Question is why should we not employ the use of escrow ??.
