ARAW- the new platform where e-commerce transactions and related stuff can take place

oc10pus (25)in #ico • 6 years ago

About a company:

ARAW is the platform where e-commerce transactions and related stuff can take place. ARAW runs on Ethereum network, but it will have different transactions mechanism such as using the Raiden Network to speed up your liquidity, utilizing off-chain transactions and so on.
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.
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.

The pionter focus of ARAW is to grant effortless access to cryptocurrency ownership which comes with prospective rise in value without dealing with any of the undisclosed complicatedness which make cryptocurrency unsightly.

Existing problems in E-commerce:

- Firstly, It's obvious that the e-commerce enterprises we have today lack rewards and payment solutions system and this has made the sector to have low reputation in the society.

- Secondly, e-commerce possesses long and costly payment method for the buyers.

- Thirdly, the e-commerce sector fails to utilize the goodness of blockchain tech.

Solution:

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.

How it work?

The core actors in ARAW, in my opinion, is merchant and consumers.
Merchant will be able to list their product or give incentive/bonus to their loyal consumers via ARAW token. While consumers will be able to buy and get incentive via ARAW token.
This might sound too simplistic, I suggest you read their whitepaper or one-pager to get the gist of it. Another feature from ARAW is the direct connection to your debit/credit/bank account.
This means you can buy or exchange your tokens at any times with ease. You don't have to use an external exchange or using bank deposit that will take hours or days to process to top up your ARAW balance. And of course, because blockchain is the core of this system, you'll also be able to track your transactions anytime with ease.

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.

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.