ARAW: Decentralized payment system for e-commerce ecosystem
The popularity of crypto industries has gone through roof in the recent times. Companies are continuously trying to figure out new ways of incorporating blockchain technology and cryptocurrencies into a new domain. In fact, I have seen a number of startups working with either cryptocurrency or blockchain in past one month than I have seen in last year. This is primarily because people becoming aware of what can be achieved by blockchain technology. It will be wrong to say that we have explored the full potential of blockchain technology but we are on the course of doing so.
One such company which is trying to combine the e-commerce sector and cryptocurrencies is ARAW. ARAW is not only trying to just tackle one issue in the sector rather it is providing an end-to-end solution which might help the e-commerce sector to reach the new horizon. They are also working on exploring the use of cryptocurrencies in offline stores also. If they manage to implement what they have imagined then they might open new doors for cryptocurrencies. This is the reason which I could not stop myself from exploring various services offered by the company and I am pretty sure that after going through the company's profile, you would want to be a part of such revolution.
ARAW platform
ARAW aims to provide an end to end solution for e-commerce sector along with several other features like "touch and pay" (via crypto cards), online payment system (via cryptocurrencies). ARAW will create a secure and transparent system which could be easily incorporated by lots of people. They are also working on several other services like plug and play widgets, various cashback options (rare in crypto industries).
ARAW will provide a complete package of tools which you could need to buy products online. It will also act as a platform where customers cand stores can interact with each other. ARAWs main product is ARAW Pay which will allow the websites to accept payment via ARAW tokens. It's just a simple API which will allow merchants to get all tokens directly in his wallet.
ARAW will also release ARAW card which will allow users to use ARAW tokens in offline stores like supermarts or caffe. The card will be directly linked to your wallet. This will also improve the overall usage of cryptocurrencies in offline sectors (as people still use to think as cryptocurrencies as a token which can only be used online).
ICO and Team
ARAW uses ERC20 token which is created on Ethereum blockchain. The company has released 3.5 billion ARAW tokens for sale. ARAW will organize token sale from 1st July 2018- 30th August 2018. The tokens will be sold at a rate of 1 ARAW= $0.01 USD. The company will only accept Ether as the mode of payment for the purchase of ARAW tokens.
Conclusion
The idea for the project ARAW was born in 2016. Since then the team behind the project is working very hard to make their dream come true. ARAW will launch various services like mobile wallet, banking system integration and crypto exchange platform by the end of this year. They will also launch Open API and ARAW pay by Q1 next year. ARAW plans to release its business in the UK by the end of Q2 which will be followed by them releasing platform in other European countries. Finally, ARAW plans to enter the Asian market in the mid of 2020.
There is no doubt that ARAW is trying very hard to get in the crypto markets. But, the big questions is whether it can provide a good return on your investment or not. Well, the idea-wise company has an upper hand. They have been working on their product for a long time and have analyzed the market which will help them to provide better customer satisfaction. One thing which impressed me is its presence on various social media platform which indicates that the company is very serious about its idea. After, going through the company's profile and their various services, I can say that this is the one company which has impressed me a lot. I would certainly place it among the top 5 crypto companies which I have gone through. So, get your hands on ARAW tokens as their prices may rise sharply (once people will become aware of the company and its services).
You can remain updated to all the latest news related to ARAW via-
Website - https://arawtoken.io/
Whitepaper - https://arawtoken.io/assets/araw_businesspaper.pdf
ANN - https://bitcointalk.org/index.php?topic=3497194.0
Telegram - https://t.me/ArawTokenOfficial
Published by- Etheran
Profile - https://bitcointalk.org/index.php?action=profile;u=1108165