INTRODUCTION:
With cryptocurrencies and the blockchain technology starting up in recent years, many projects have seen the light of day but none were as complete as the ARAW token ecosystem. It has the potential to disrupt the whole industry in one of e-commerce and payments. ARAW is the decentralized payment for e-commerce ecosystem.
They are on a mission to provide end-to-end solution for e-commerce Marketplace, Touch & Pay Cryptocurrency Card, Online Cryptocurrency Payment, and Unified Reward System powered by the Ethereum Blockchain. The goal of the ARAW token is to be a part of everyone’s day-to-day online & in-store shopping. The company is looking to contribute to the global Blockchain User Adoption by impulsive and seamless integration of widely used E-Commerce channel with the Decentralised Payment such that regular people all over the world can gain from the cryptocurrency without needing them to change their shopping behaviour or understand the complexity of the Blockchain technology.
With its open API and its plug & play e-commerce platform, the ARAW Ecosystem is really easy to adopt for large enterprises, and it makes it effortless for small and medium merchants around the world to build their own blockchain based e-commerce platform, which in turn will drastically improve revenue. One of the key components of the ARAW token ecosystem is its mobile application. On the application lies an e-commerce marketplace where customers can shop digitally using the ARAW token. Moreover, the mobile application provides a cryptocurrency wallet for multiple coins and tokens, as well as fiat currencies. This includes the ARAW token, BTC, ETH, and USD.
There is also a digital currency exchange built into the mobile application, which lets users exchange cryptocurrencies to other cryptocurrencies and to fiat and vice versa. Customers will also be able to shop in physical retail stores using the ARAW Touch & Pay Card. The goal of the ARAW is to make regular people accustom to use ARAW card for their daily shopping and time-to-time reward them out of box. To increase the merchant adoption rate, the ecosystem introduced Araw Pay, the decentralised payment gateway, which allows merchants to accept online payments with the ARAW token with a click of a button.
The ARAW Token.
The ARAW token acts as more than a simple reward it is also used and redeemed for all members of the ARAW ecosystem. In addition, owners ARAW may convert their tokens into fiat currency using the mobile wallet ARAW and return cash back to your Bank account. The ARAW token is programmed to adopt the security guidelines and ease of access of the ERC20.
The ARAW Tokens are required for all the transactions on the ARAW token platform and represents the reward point for all participating customers or ARAW token holders. For every transaction made on ARAW token platform, be it issuance, transfer or exchange, the initiator of the transaction will pay a small fee for using the ARAW token smart contracts.
Also ARAW token will allow regular customers to participate in the rapidly expanding world of cryptocurrency - bringing benefits to all parties involved. The key factors are the ease of acceptance for the client as reward schemes are already common.
CONCLUSION:
The ARAW token is a revolutionary cryptocurrency for the e-commerce and payment ecosystem to ensure merchants and customers get their optimum satisfaction from the services. With the special features of the ARAW token, merchants will have a more convenient and economical service. This will help attract more service users, thereby accelerating the growth of Araw token.
USEFUL LINKS :
Ensure you join various social media handles, check out the website and whitepaper to get more insight about this remarkable project.
Website: https://arawtoken.io/
Whitepaper: https://arawtoken.io/assets/araw_whitepaper.pdf?v1.7
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3497194
Telegram : https://t.me/ArawTokenOfficial
Twitter: https://twitter.com/arawtoken
Github: https://github.com/arawtoken
Writer's bitcointalk username : Elvisdika1
Writer's bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1774566
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