ARAW - The Decentralized Payment For E-commerce Ecosystem

cryptohunta (7)in #ico • 6 years ago

ARAW have especially built up the ARAW stage to change the micropayments business while addressing the requirements of customers and additionally make the business more achievable. The accomplished and equipped group, while making ARAW token, received the true abilities of cutting edge advancements to build up a moment and secure method for making micropayment by our taking an interest traders.

The innovation behind the ARAW token micropayment components is better than a significant number of the digital forms of money in the micropayments business. The mix of these mechanical arrangements on ARAW token stage allows our clients, The ARAW Token holders or taking an interest dealers to make miniaturized scale exchanges at a fast; with a considerable measure of promising astounding material advantages and of a little size with a little exchange expense (under 0.5% of the aggregate exchange).

Completed utilizing the ARAW Tokens, the micropayments business has officially fabricated an unmistakable financial branch in the worldwide crypto-space. Enlivened by the ARAW Token Platform, this advancement is presently a cutting edge period for some E-trade stores as it empowers a critical development in proficiency and adequacy of adapting the retail and E-business stores.

Objectives Of ARAW
Provide end-to-end solutions for E-Commerce Marketplace, Touch & Pay Cryptocurrency Card, Online Cryptocurrency Payment, and Unified Reward System powered by the Ethereum Blockchain regulated by the ARAW token.
Create a Consumers driven floating ecosystem.
Create a Transparent ecosystem that can be used by regular customers across the world; and hence, increase the adoption rate of the ARAW token, the Blockchain based cryptocurrency.

The ARAW Token Ecosystem
The Araw Ecosystem was carefully designed from the beginning as a supportive sphere in which users can be confident in their trades on the Blockchain. To capture a variety of users, we have provided an ecosystem platform that is scalable and effective, yet simple over the Ethereum Blockchain, where customers and brands can interact without restrictions in a dependable, trustless, and mutually beneficial manner.

Araw Pay
Araw Pay will be an open widget to accept payments in ARAW tokens and can be used by any merchants anywhere online just like any other payment gateway providers. We aim to provide seamless Araw pay solutions in Araw mobile & web wallet, open API platform, and Araw e-commerce marketplace.

On-chain vs Off-chain Transactions: The Araw platform acts as a mediator between the raiden network to handle off-chain transactions & the crypto exchanges to manage on-chain transactions. The liquidity smart contract will be responsible for handling off-chain transactions in decentralized way.

E-commerce Marketplace
We aim to meet the need of every consumer, every merchant and every business no matter their location through our distributed ledger system. Our e-commerce market place gives you instant access to the global audience, removes transaction overhead (management and fees) and ensures they are secure and frictionless through our Ethereum blockchain based ERC20 tokens and smart contract implementation.

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.

Our Open API ensures that merchants that are not ARAW platform customers will have access to and participate in different transactions on ARAW token platform. You can make payments, exchange and purchase ARAW tokens using our web wallets or use the ARAW token mobile app.

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
The ARAW mobile wallet continuously connected to Cryptocurrency Exchanges maintains the live exchange rate of the ARAW token and other cryptocurrencies.

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.

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. We have the unprecedented opportunity to unlock the full potential of rewards programmes by combining all sales entities — pooling together a limitless customer base and rewards on offer.

Consumer makes a purchase from Merchant-1 using fiat currency
Transactions registered into Araw Platform
Consumer rewarded an ARAW tokens
Consumer redeems these ARAW tokens to purchase items from Merchant-2
Transactions registered into Araw Platform

Token Sale
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

Road Map