This essay has been submitted by a student. This is not an example of the work written by professional essay writers.

Araw: The One-stop Platform Solution for All Day-to-day E-commerce Transactions

downloadDownload printPrint

Pssst… we can write an original essay just for you.

Any subject. Any type of essay. We’ll even meet a 3-hour deadline.

Get your price

121 writers online

Download PDF

The other day, I was with a friend from Austria. We got together and thought to get some drinks down the road. After a few bottles and we were done, he tried to make a POS payment but was kindly informed that he couldn’t because of insufficient fund. This guy I know is doing great financially. He was one of those few who stock with bitcoin during its rise. Problem was he obviously had most of his assets in crypto forms. After we were told that he couldn’t make payment and no possible way to pay with BTC or ETH, he turned to me and said “I’m tired of being rich online, I want to be really rich”. I cheered him up with a joke and paid instead but the reality of the situation did get me thinking. Why hasn’t crypto currency gained traction in real world business transactions and e-commerce as we dreamt it would? Why are there limited options for online purchases and e-commerce payments even on major stores?

Araw is a platform built on the ethereum blockchain that provide solutions to all payments and e-commerce needs. It basically covers it all. From Araw card, to web payment API, speed, secure Araw mobile wallet, Araw is the one stop platform to give customers and businesses an easy and intuitive access to use their cryptocurrency assets in every transaction. That’s not all, imagine a system where businesses and online stores can unbiasedly reward customers for making purchases from them, increasing rewards based on frequency thus building a network of loyal customers over time. Araw unified Reward System has it covered.


Basically, to many people cryptocurrency is still an abstract concept, meant for only those who have “extra cash to spare”. To others especially in 3rd world countries, its simply online scam. For older people, it’s not even a topic for discussion. If they can’t hold money in their hands physically or with an ATM card, it’s not money to them.

Araw has also discovered a problem with the current reward structure for loyal customers of businesses. Reward systems are usually worthless or not able to meet a significant amount of befitting customers so as not to run short on business profit. This leaves a lot of space for competitors with inferior products in some cases to sway loyal customers away with rewards. After a point, they too run out of gas with the intricacies of this system and loose the customers to fresh competitors.


Araw is coming out with a range of tools to solve every on and off-line business needs, both from the customer and business perspectives. It plans to close every gap between cryptocurrency and e-commerce.

Unified Reward System: Customers receive rewards for every purchase made in form of Araw tokens. This would give the customers a sense of appreciation and they are able to use accumulated tokens to make purchases. Also, Araw tokens can be accepted by any business that use the platform, thus removing the limitations of loyalty points being used in businesses today which are useful in just one place.

Araw Card: A touch and pay card, makes it easy for customers to make both on and off-line transactions with Araw tokens accumulated from previous purchase rewards.

Araw Wallet: The Araw wallet creates a secure store where tokens are kept to be used for business transactions and can seamlessly be exchanged for its bitcoin, ethereum or fiat currency equivalents through the mobile app.

The Araw Open API: The Araw open API is an intuitive way with which businesses and online e-commerce stores are able to create portals through which they can accept payments using Araw tokens.

The Araw mobile app: Araw is coming out with a great app, where customers can access their wallets with the click of a button. It provides a secure and fast means to make payments, transfers, convert to BTC or ETH, and fiat currencies.

In summary, Araw has got it covered. The Crypto ecosystem would be part of our daily lives as visa cards and banks, less the transaction fees coupled with the fact that as more people use the token, its value increases, increasing purchasing power and customer satisfaction.

Remember: This is just a sample from a fellow student.

Your time is important. Let us write you an essay from scratch

experts 450+ experts on 30 subjects ready to help you just now

delivery Starting from 3 hours delivery

Find Free Essays

We provide you with original essay samples, perfect formatting and styling

Cite this Essay

To export a reference to this article please select a referencing style below:

Araw: The One-Stop Platform Solution for All Day-To-Day E-commerce Transactions. (2019, May 14). GradesFixer. Retrieved October 19, 2021, from
“Araw: The One-Stop Platform Solution for All Day-To-Day E-commerce Transactions.” GradesFixer, 14 May 2019,
Araw: The One-Stop Platform Solution for All Day-To-Day E-commerce Transactions. [online]. Available at: <> [Accessed 19 Oct. 2021].
Araw: The One-Stop Platform Solution for All Day-To-Day E-commerce Transactions [Internet]. GradesFixer. 2019 May 14 [cited 2021 Oct 19]. Available from:
copy to clipboard

Sorry, copying is not allowed on our website. If you’d like this or any other sample, we’ll happily email it to you.

    By clicking “Send”, you agree to our Terms of service and Privacy statement. We will occasionally send you account related emails.


    Attention! This essay is not unique. You can get a 100% Plagiarism-FREE one in 30 sec

    Receive a 100% plagiarism-free essay on your email just for $4.99
    get unique paper
    *Public papers are open and may contain not unique content
    download public sample

    Sorry, we could not paraphrase this essay. Our professional writers can rewrite it and get you a unique paper.



    Your essay sample has been sent.

    Want us to write one just for you? We can custom edit this essay into an original, 100% plagiarism free essay.

    thanks-icon Order now

    Hi there!

    Are you interested in getting a customized paper?

    Check it out!
    Having trouble finding the perfect essay? We’ve got you covered. Hire a writer

    Haven't found the right essay?

    Get an expert to write you the one you need!


    Professional writers and researchers


    Sources and citation are provided


    3 hour delivery