Hello my followers and cryptocurrency lovers, In this article, I just want to talk about ARAW Project which is a decentralized Payment for E-Commerce Ecosystem and on a mission to 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.

The Araw platform has been under development for more than 2 years. The Project Mobile Apps have been live in the UK Apple AppStore and Google PlayStore since May 2017. The current platform has been implemented using Virtual Tokens without Blockchain and has been integrated with PayPal and Stripe payment gateways.

THE ARAW TOKEN: HEART OF THE DECENTRALISED PAYMENT ECOSYSTEM

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. They 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 Araw Platform offers a practical solution to the problems 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 a potential rise in value - without dealing with any of the underlying complexities which make cryptocurrency unattractive. The Unified Reward System seeks to transform the poorly utilized loyalty industry by fusing the shopping reward potential of all retails together regardless of the product - focusing on rewarding the individual with cryptocurrency market access as well as a form of investment.

With their technical offering, they seek to support individual sellers as well as enterprise vendors. The ARAW token can be adopted in any location - this global decentralized potential represents a virtually limitless growth of the token. This adoption will be seamless as they seek to penetrate e-commerce platforms as well as regular retail shops, without introducing any habitual change from the user perspective.

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. They aim to provide seamless Araw pay solutions in Araw mobile & web wallet, open API platform, and Araw e-commerce marketplace.

E-commerce Marketplace

Given the 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 their help and the Araw Platform, any shop owner is free to execute a single sale or build an enterprise level e-commerce 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 a radio-frequency identification (RFID) to communicate with a card reader to enable contactless payments. With the release of Araw Card, they 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 utilized 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 into 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 cash back 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 cryptocurrencies 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 to 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 the peer-to-peer transaction to give users the chance to engage in a 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, they 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. They 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.

Benefits to Investors

• A strong team of Technology geeks to develop cutting-edge technology product
• Experienced & Proficient e-commerce business development team
• Existing platform LIVE for more than 2 years
• The Araw Platform MVP is LIVE for testing
• Team tokens are locked for 3 years so the project owners are committed to delivering what they have promised in the roadmap
• The cheapest price to buy ARAW token is during ICO
• The ARAW token is going to be a part of the customers day-to-day shopping
• Use ARAW tokens to make purchases on the Araw E-Commerce marketplace
• On-boarding Merchants will buy ARAW Tokens from the early Investors
• Since there is only a certain amount of Araw token that can ever exist, Scarcity combined with a thriving underlying decentralized ecosystem will result in appreciation of Araw token value.