ARAW – Decentralized Payment For E-Commerce Ecosystem


 


Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.
ABOUT ARAW
ARAW is an ecosystem with decentralized payment, based on Ethereum Blockchain, which seeks to increase the implementation of blockchain in everyday life around the world. ARAW IS the first company in the world to combine the benefits of e-Commerce and payments industries; to provide end-product solutions for e-Commerce, Cryptocurrency Touch & Pay cards, online cryptocurrency payment and unified reward system on Ethereum Blockchain based on the ARAW token. The purpose of the ARAW token is to be a part of everyday online shopping. The Araw Platform offers a practical solution to the problems outlined above as well as the potential to become the practical heart of e-commerce and cryptocurrency combined. It strives to reward shopping with cryptocurrency by exposing the common person to the ARAW token. The key focus of ARAW is giving effortless access to cryptocurrency ownership which comes with potential rise in value – without dealing with any of the underlying complexities which make cryptocurrency unattractive.
PROBLEMS
A lack of a reliable, international exchange which allows individuals to convert tokens into fiat currency.
No practical use for cryptocurrency in day-to-day activities
A reduction in token value due to transaction fees
Over-regulation or insufficient regulation in different countries across the globe which both hurts user adoption and leads to different fraud schemes that damage reputation of credible projects
A requirement for specialized blockchain developers
Barrier to entry
SOLUTION ARAW OFFERS
The Araw Platform offers a down to earth solution for the plot of the issue above and also the possibility to wind up the functional heart of internet business and digital money joined. It endeavors to compensate shopping with digital money by uncovering the basic individual to the ARAW token. The key focal point of ARAW is giving easy access to cryptocurrency ownership which comes with potential ascent in esteem – without managing any of the underlying complexities which makes digital currency ugly.
One of the main goals of the Araw Platform is to provide unified reward system and marketing solution for e-commerce businesses, which aims to increase the footprint of customers, building meaningful relationships with them, and hence increase the growth of the business. We present the ARAW Token as the solution to unlock the full potential of reward programmes and thus increase value for all participants in this loyalty system.
FEATURES OF ARAW PLATFORM
Araw Card – Touch & Pay
Araw – Touch & Pay card aims to enable customers to make micropayments at coffee shops, supermarkets and day-to-day online shopping. It contains radio-frequency identification (RFID) to communicate with card reader to enable contactless payments. With the release of Araw Card, we are expecting to raise adoption of the Araw platform by regular customers.
Open API Platform
With ARAW Token Open API Platform, users do not need to know any form of programming code or language to make use of the system. It is structured to be utilised out of the box.
The ARAW mobile wallet continuously connected to Cryptocurrency Exchanges maintains the live exchange rate of the ARAW token and other cryptocurrencies.
Banking System Integration
With seamless banking system integrated in the Araw Platform, Customers will be able to buy ARAW tokens using linked bank accounts. They will also be able to exchange ARAW tokens with fiat and send cashback to linked accounts.
Araw Mobile Wallet
The seamless integration of Araw Mobile Wallet with Banking and cryptocurrency Exchanges will enable Araw Platform users to;
Top-up ARAW Tokens with a click of a button
Send and Receive ARAW tokens
Exchange ARAW tokens with any other crypto currencies like ETH and BTC
Exchange ARAW Token with fiat currency and get cashback
Cryptocurrency Exchanges Integration
Araw platform integration with cryptocurrency exchanges would allow users to exchange ARAW tokens with other cryptocurrencies (like ETH and BTC). Users of the platform can also convert from one cryptocurrency to the other and from cryptocurrency to fiat currency
Ethereum Blockchain – Proof of Delivery & Service
The Araw e-marketplace leverages smart contracts to make the process of exchanging goods with ARAW token fast, secure and add trust in the system. It generates secure escrow for two transacting parties. Through this method they are given a money–back guarantee for buyers if the product turns out to be substandard and for the seller, it ensures that the fund for the product they placed on the marketplace is securely transferred to them.
Peer-to-Peer Transfer
The ARAW token platform enables peer-to-peer transaction to give users the chance to engage in direct exchange of goods and services. This enables free trade between two parties anywhere in the world. A seller can sell directly to a buyer across the world without the usual services of middlemen or going through different currency conversions and exchange rate fluctuations.
Unified Reward System
With the various offerings of the ARAW Platform, we are set to unseal the current limitations found in traditional customer loyalty programmes and hasten the development of a more cooperative, unified, and competitive customer reward industry. We aim to replace the traditional restrictive reward points system used by typical commerce companies with a blockchain based dynamic currency that increases participation and interaction between customers and services.
E-commerce Marketplace
Given our distributed ledger system, items for sale are gathered from different parts of the globe on the marketplace. Buyers and sellers from different parts of the world also come together in a peer-to-peer enabled environment for transactions. Users of the platform can thus have access to the entire list of all the offers available on the Araw marketplace. With our help and the Araw Platform, any shop owner is free to execute a single sale or build an enterprise level e-commerce platform.
TOKEN AND ICO DETAILS
Ticker : ARAW
Token type : ERC20
ICO token price : 1 ARAW = $0.01
Total tokens : 5,000,000,000
Available for token sale : 3,500,000,000 (70%)
Whitelist : YES (15 May – 30 June)
Know Your Customer (KYC) : YES
Pre-sale start date : 1 JULY
Public sale start date : TBD
Soft cap : 5,000,000 USD
Hard cap : 25,000,000 USD
Accepts : ETH
Pre – Sale
Token Sale: 1 JULY – 30 AUG
Public Sale
August 1th, 2018
The ARAW token is programmed to adopt the safety tips and straightforward access to the ERC20. The ARAW tokens square measure needed for all transactions on the ARAW token platform and represent the reward purpose for all taking part customers or ARAW token holders. for each dealing that’s created on the ARAW token platform, whether or not it considerations supply, transfer or exchange, the instigator of the dealing pays atiny low fee for the employment of the ARAW token sensible contracts. ARAW tokens act as medium of exchange for commerce on the platform. It square measure usually used to purchase merchandise or to form settlements. it’ll when merely be used to certify that an explicit deal has been completed.
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
Araw Platform provides unified reward system and marketing solution for e-commerce businesses, which aims to increase the footprint of customers, building meaningful relationships with them, and hence increase the growth of the business. Be a part of this tremendous project and follow these links for more information;
Author
nugezmils
BITCOINTALK PROFILE

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