The Araw blockchain technology brings a 3 in 1 feature to its users as well as to expose the regular people to cryptocurrency and making cryptocurrency accessible to them. The most intriguing part of this project is the integration of the Banking system, Customer App and the Araw Pay Card, which will all be explained accordingly. But first lets gets the idea of what a Blockchain is and Crypto currency.
· BLOCKCHAIN
“The blockchain is a decentralized network that create little bits of nodes called ‘blocks’, updated and stored across several different locations in real-time.” using the Ethereum powered blockchain technology Araw aims at increasing the use and adoption of blockchain and crypto by regular people across the globe.
· CRYPTO CURRENCY
“This is a digital asset designed to work as a mode of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units and verify the transfer of assets, the decentralized control of each cryptocurrency works through distributed ledger which is the blockchain that serves as public financial database.”
Now that you understand what Blockchain is and cryptocurrency lets dive into the perks Araw offers and their advantages.
ARAW TOUCH & PAY CARD
This card allows its users to earn Araw tokens with their daily purchases and customers can also pay for goods purchased using the accumulated Araw tokens, allowing average customers to easily adopt Araw pay card due to the similarity with the existing centralized technology. It can also be used to register any reward program you might be interested in. Note that Araw card does not expire, you can use it as long as you want.BANKING SYSTEM INTEGRATION
This is what I personally love about the Araw blockchain project, this feature allows user to buy and sell Araw tokens directly from their bank account to their Araw wallet. The easy and user-friendly platform that allows users to make use of this feature easily and effectively will attract regular people who find the purchase of crypto difficult to easily join up and increase the activity of the crypto market.
THE CUSTOMER APP
The customer app allows merchants/sellers to keep in touch with their customers building a good business relationship with them.
The customers app has the following benefits:
• Earn and redeem rewards from their favorite businesses.
• Discover incredible rewards from thousands of near-by businesses.
ARAW Token Economy
Our market principle and mode of operation at Araw Marketplace results to a continuous circulation of ARAW token among all the market players:
• Merchants need ARAW token to reward customers for assisting with the sale of their product, to compensate buyers when they rate products and to pay for deals.
• Merchants pay customers as an incentive to increase their footprints of loyal customers.
• Customers will be able to spend ARAW tokens to make purchases at Araw e-commerce marketplace.
• Customers will be able to purchase ARAW tokens through Araw wallet using fiat or cryptocurrency.
• Customers may be offered discounts in replacement for ARAW token.
ROAD MAP
FOR MORE INFORMATION VISIT THE FOLLOWING LINKS
Website: https://arawtoken.io/
Telegram: https://t.me/ArawTokenOfficial
Twitter: https://twitter.com/arawtoken