(ANN) Decentralized payment ecosystem with ARAW

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Researchers proved that the 21st century is very significant in many ways. This is the generation of the internet coupled with the latest innovation Blockchain; the revitalizing and praised the discovery of other technologies. The importance of these advancements are so enormous that it's been adopted by many field of life.

With e-commerce offering speed, ease and convenience to customers through online shopping platforms, people are ready to embrace it. Online shopping allow people to buy and sell things comfortably anywhere and at anytime. But with the goodies come some customer related concerns like security of their identity and information.

The field of e-commerce has always exhibited a tense relationship with cybersecurity. Despite its massive need for better safety measures due to the sensitive nature of the data it collects and stores, ecommerce remains an easy target for hackers. The 2014 hack of eBay , which compromised almost 150 million users’ private information, and even the Target hack in 2013 which did the same for nearly 110 million individuals, demonstrate the very real threat of an ecommerce site being hacked.

The current model has already proven itself to be insufficient, and the consequences of inaction could impact not just retailers themselves, but millions of users across the globe.

MORE INFO ABOUT ARAW ECOSYSTEM.



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 purpose of the ARAW token is to be a part of everyday online shopping.

The main goal of the ARAW token is to build the Decentralised Payment Ecosystem for E-Commerce to increase the Blockchain adoption for regular people across the world. The ARAW token ecosystem offers unified reward system which any service-providing entities can partake in. This allows virtually any company to further incentive consumption of their service as they provide real value via token distribution and expand their previously limited market of loyalty-reward consumers to the next level.

ARAW will addresses fundamental problems in the e-commerce and cryptocurrency  economies. Firstly, retailers online and offline offer restrictive reward systems  bundled  with  their  services  -  they  are  often  of  little  value  to  the  consumer  given their limited nature. Reward systems in commerce as a whole are underutilised due to the lack of technological investment. Coincidentally, many companies find it difficult to provide attractive reward schemes as they risk  undervaluing their  services. The ‘Unified Reward System’ allows service providers to become an ARAW token distributor, allowing them  to  control  the format of  their  reward  plans.  The  ARAW token now  acts  as  more than a simple reward point - as it is utilised and redeemable across all of ARAW’s ecosystem participants.

Additionally, owners of ARAW are able to convert their tokens into fiat currencies via ARAW mobile wallet & take cashback to their associated bank account. Secondly, the complex barrier to entry into the cryptocurrency market limits  the potential value of the crypto market as a whole. The technologies surrounding ARAW are strategically built for the platform to support a ‘Unified Reward System’ - ensuring ease of adoption and maximising consumer outreach. While the ‘Unified Reward System’ makes it possible to standardise reward tokens across industries, the ARAW token will also allow regular customers to have a stake in the rapidly expanding cryptocurrency world - benefiting all parties involved


THE TOKEN SPECIFICATION AND SALE DETAILS.


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


THE TEAM MEMBERS.




THE ROADMAP.




OFFICIAL LINKS.

Website: https://arawtoken.io/

Whitepage:.https://arawtoken.io/assets/araw_whitepaper.pdf

Telegram: https://t.me/ArawTokenOfficial

Facebook: https://www.facebook.com/arawtoken

Twitter: https://twitter.com/arawtoken