ARAW -The Decentralized Payment For E-Commerce Ecosystem

nugezmils (2)in #blockchain • 6 years ago

ABOUT ARAW

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.

In addition, 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

The purpose of the ARAW token is to be a part of everyday online shopping.

The primary objective of the ARAW token is to assemble the decentralized payment ecosystem for online businesses to build the blockchain selection for standard individuals over the world., which empowers however much as could reasonably be expected the usage of block attempt methods for general clients around the globe.

It is designed in such that, the community gives a solitary reward framework to any association that gives administrations. This empowers for all intending organizations to advance administration utilization by conveying generous incentives, through token dispersion and extending the dedicated client market to a constrained level of the past.

The Araw platform aiming to target multiple channels to increase the adoption of the blockchain technology. There are two main verticals to achieve our goal.

E-Commerce: The goal of the ARAW token to be a part of everyone’s day to day shopping without needing them to change their shopping behaviour. This can be achieved with simple and easy to use e-commerce website which is transparently integrated with the decentralized payment.

Decentralized Payment: The Araw platform will be a bridge between merchants, consumers, cryptocurrency exchanges, and the Ethereum smart contract that manages the liquidity of the ARAW token.

THE VISION

“To be at the forefront of the global Blockchain User Adoption” by using intuitive and seamless integration of vastly used E-Commerce channel with the Decentralised Payment soregular people across the world can benefit from the cryptocurrency without needing them to change their shopping behavior or understand the complexity of the blockchain technology.

THE 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

THE 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.

THE FEATURES

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.

THE ECOSYSTEM

TOKEN AND ICO DETAILS

ARAW introduces the ARAW token that our customers would use for small payments at gasolene stations, occasional retailers, restaurants, supermarkets and different retailers. This offers them the convenience of payments with ARAW token. that's why, because of the influence of Araw's cryptocurrency, we have a tendency to impose a limiteless scheme in payments and loyalty.

All transactions on the e-commerce marketplace square measure usually distributed with the ARAW token, that ought to be transferred via or in Associate in Nursing ERC20-compatible case. 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.

ICO DETAILS

Token Symbol: ARAW

Type: ERC20

ICO token price: 1 ARAW = $0.01

Total Tokens: 5,000,000,000

Available for token sale: 3,500,000,000 (70%) YES

Soft cap: 2,000,000 USD

Hard cap: 25,000,000 USD

Soft cap : 5,000,000 USD

Accepts : ETH

Pre - Sale

Token Sale: 1 JULY – 30 AUG