ARAW - Decentralised Payment for E-Commerce Ecosystem

in #blockchain6 years ago (edited)

ARAW is a new blockchain project which aims to furnish an end-to-end answer for e-commerce businesses and a “touch and pay” crypto card, as good as online payments with cryptocurrencies powered through the blockchain technology. For more information, visit the official Araw website: https://arawtoken.io/

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How Will ARAW Blockchain E-commerce Work?

The ARAW platform will combine e-commerce enterprise and a decentralized fee technique that will be created on the base of Ethereum blockchain. This will allow retailers and customers to exchange tokens amongst them by means of clever contracts that will, not like most smart contracts, allow cash back.

The ecosystem will be created by using many one of a kind products, some of which will be defined later on this article. They are Aray Pay online payments, the e-commerce marketplace, the Araw Card Touch & Pay, the open API platform, the banking system, Araw Mobile Wallet, the crypto trade and the Ethereum blockchain.

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ARAW Objectives

The project intends to create an obvious unified device that will be adopted by means of a lot of people. They desire to create a connected ecosystem with ARAW Pay and ARAW Touch and Pay Card. Other plans encompass creating a plug and play widget, cashback picks so the purchasers are covered (which is something that is now not very common on the blockchain).

Basically, ARAW will be an end-to-end answer due to the fact it will give the entirety that you honestly want to buy merchandise online will full protection or to offer these products and self-control your personal business. ARAW will be an obvious ecosystem that will unite clients and stores.

The objective of the agency is to launch the platform till 2019 and proceed the operations for the duration of the following year, focusing on the American and Asian market while firstly it will be centered in the European one.

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ARAW Pay

The major way to get admission to the ARAW ecosystem will be via the ARAW Pay option, which will be a widget that will permit the website to be given repayments consisting of ARAW tokens. By installing this app, you will be apple to join with the API of the project and acquire the ARAW tokens at once into your wallet.

Because of this, ARAW Pay will be the most important piece of the e-commerce market that the company intends to create and support.

ARAW Card

With the ARAW Card, you will be in a position to use the ARAW tokens to make purchases even outdoor of the internet, making micropayments at locations like malls, supermarkets and coffee shops. The cards will be linked to your ARAW Mobile Wallet, an app that you can download on your phone. All that you have to do is to cost your pockets with tokens and you will be capable to use them freely.

ARAW Token ICO Details

ARAW tokens will be ERC20 Ethereum-based tokens that will begin to be sold during the Initial Coin Offering (ICO), which will last from July 1 to August 30. The sale will have a whole of 3,500,000,000 ARAW tokens, which are 70% of the whole supply.

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The soft cap is 5,000,000 USD and the hard cap is 25,000,000 USD. Only ETH is accepted as a method of payment for the tokens.

In conclusion, I will say that this project definitely appears like one that will have a vibrant future because it has huge plans and it appears actually organized to try them for real. We agree with that investing in this corporation can be a precise idea, as there are plenty of probabilities that ARAW will be in a position to raise the cost of its tokens after some time.

For more information, visit the official Araw website: https://arawtoken.io/
Araw Whitepaper: https://arawtoken.io/assets/araw_whitepaper.pdf?v1.8

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