Possibilities of Cryptocurrency and Araw’s Contribution

in araw •  6 years ago  (edited)

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What sets the Crypto Back:

With the new era of currency system, cryptocurrency and blockchain technology are offering a new model of decentralized, transparent and fluid currency system without the unnecessary regulatory setbacks. Although the prospect of cryptocurrency is immense, several factors are hindering the reach of this cryptocurrency to mass people. Many are trying to embrace the new technology but unfortunately due to the problems such as the deficiency and absence of a dependent, viable and trustworthy international exchange system which can allow individuals to exchange tokens for fiat currency have set the advancement of cryptocurrency system back. Also as this technology is relatively new and many are still trying to adapt to this system, its use in day to day trade are limited also different sanction put upon by various regulatory bodies are making the progression of cryptocurrency suffer.

The way forward:


But all these factors cannot deny the fact that cryptocurrency is becoming the next big thing instead of all its obstructions.

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So in order to make the general people more appreciative towards the cryptocurrency technology , Araw has come up with an approach that can valiantly surge the adoption rate of the cryptocurrency technology by offering a feasible solution to the e-commerce trading procedure and also develop a transparent floating ecosystem that is going to be mostly driven by customers.

Possibilities of Blockchain:


It is apparently evident that in order to make people more comfortable with this new game changing cryptocurrency system, it needs to be unified with one of the most utilized sectors in the industry. And Araw has chosen to integrate its token system with the e-commerce sector which is now a 1.3 trillion dollar industry and expected to be doubled in the next few years. This way the general people can truly enjoy the benefits of the blockchain platform.

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Every time i read a post promoting cryptocurrency am glad peopla are em bracing these technologies even if i may not be using that currency.I believe steem cant survive alone though it is my most favourable but i look forward to using that too