The e-commerce industry is set to enjoy vibrant payment architecture for the first time. The solution coming from ARAW’s stable is one that will stop at nothing in bringing the best out of the two operational online retailing – decentralized and otherwise.
Common means of payments are with fiat currencies and this had posed great downsides for merchants. For instance, a consumer from an African country will find it hard converting the local currency to the host retailer’s equivalent. Even when this becomes easy, high exchange rates abound as the volatility of each country’s currency counts. Use of cryptographic tokens is welcome idea because boundaries are not set and transactions are quickened. However, many platforms are yet to adopt this and ARAW is targeted at such grey areas.
There are no fewer than 1,500 crypto tokens and majority of these are based on the Ethereum-compliant standard. The project in view believes that the drive to use these tokens had not reached full potential and there’s tendency that 10% of the global economy will be sourced from blockchain-based enterprises. Hence, ARAW is a viable platform and its solution is vibrant.
THE ARAW PLATFORM
The ecosystem features products that no doubt, increase ARAW’s chances of becoming model for future ecommerce. Users will be free to have conventional shopping without encroachment by the project’s solutions. Instead, the ARAW token will feature as payment thereby increasing participation and reducing costs.
There won’t be overt creation of new e-commerce platform but mergers will be forged with existing structures. The ecosystem also has in stock, the new payment architecture that links key players such as merchants and cryptocurrency exchanges to the smart contracts.
Move for Adoption
The project has stiff competition on ground and therefore resorted to deploy strategies meant to increase chances of its adoption. There is the reward mechanism that open pathway to crypto-tokenization. Users will receive same when they conduct traditional shopping or refer others to the platform.
The open-source technology makes it possible for other platforms that found ARAW useful. There is a Plug and Play widget that makes ARAW’s integration in some already-existing platforms seamless.
Wallet
Digital wallets are known to house crypto tokens. This time around, there will be increased crypto adoption as the mobile wallet system on ARAW allows exchange of crypto currencies among themselves.
Mobile Applications
There are two variants to these; one for the business and the other for the end-user. Businesses have access to their clients through the customer mobile app. Customers also have options of redeeming their loyalty points from merchants and they are to enjoy robust deals.
The business app is a merchant’s channel to meeting customers’ satisfaction and handles their requests.
Final Thoughts
ARAW packs robust services that will certainly meet customers’ pain points in the ecommerce industry. The most significant of its solutions is redirecting how payments were earlier made. Also, there will be great drive to use cryptos as payments.
TOKEN SPECIFICATIONS
Token Symbol: ARAW
Platform: Ethereum
Standard: ERC-20
Token Supply: 5 billion
Soft Cap: $2 million USD
Hard Cap: $25 million USD
Token Price: 1 ARAW= $0.01 USD
Accepted Payment: Ethereum (ETH)
Country of Registration: The UK
Not Participating: The USA
Allocation of Tokens
For more information about ARAW, kindly visit:
Website: https://arawtoken.io/
Whitepaper: https://arawtoken.io/assets/araw_whitepaper.pdf?v1.8
Facebook: https://www.facebook.com/arawtoken
Twitter: https://twitter.com/arawtoken
Telegram: https://t.me/ArawTokenOfficial
ANN Thread: https://bitcointalk.org/index.php?topic=3497194.0
Writer: Crypto4ruby
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1788350