Thursday, January 11, 2018

LALA World A New Financial Services Ecosystem



 


LaLa World ("LALA") is about migrants and their unfounded families. Its ECOSYSTEM is enabled by the LaLa Wallet as PLATFORM, a sign-on platform that revolves around their problems and problems. Employment issues, digital IDs, community builds, government and NGO partnerships, health issues, and, of course, new financial ecosystems for huge populations by utilizing the blockchain revolution to bridge the gap between cash, digital and crypto.

LaLa is a new era of one-stop Wallet based on ethhereum and hyperledger blocks that allow investors to capitalize on the rise in blockchain and also underbanked into the financial ecosystem. By creating a new peer to peer ecosystem, LaLa aims to revolutionize the way individuals, small businesses and micro entrepreneurs transact, make payments, borrow money and related products such as insurance, domestic and cross border remittances, cards and other common banking products.

What products and services does LaLa World have?1. LETA Wallet
Wallet LALA is your only access to all financial services in the LALA ecosystem. You have lots of top up and cash out options, save fiat or various crypto currencies, with a host of financial services like money transfers, loans, bill payments, cards and other normal banking products at your fingertips. LALA's wallet also lets you share your micro projects globally, lets you highlight issues that drive underbanked and build your own community, thus creating a true Ecosystem that benefits everyone.







The core of this Wallet platform is LALA Tokens which allows unlimited transfers and payments for various transactions and services. LALA Wallet also includes APIs for third-party developers so they can interact with Wallet, access balances, send transactions, invoices, and create other third-party apps at the top. This will further enhance the capabilities and use of LALA Wallet. Third Party API business models will create more partners who can distribute LALA Services globally to strengthen this network.

2. ID LALA - One Global ID, On Block and Under Your Control
Your Wallet LALLA reasoning starts with creating a digital identity that you can carry globally - LALA ID. The team at LALA has a vision - to give digital identity to everyone on the planet, starting with migrants and their unworthy families. We also believe that if we have to create a truly global ecosystem, then we need a basic identification system that is far superior to the existing ID system. It should be global, but secure, private and available on demand.




The LALA team and its partners have worked tirelessly to build a global identity system that includes KYC / AML, biometrics, verification, digital notes, cards, national ID systems, and more. It protects your security on blockchain and gives you the freedom to perform various financial services, all in one single Wallet. In particular, your single LALA ID will be able to consolidate all physical and digital identities into a secure personal identity, pointing to trusted districts of trusted data, enabling easy individual interaction in the physical and digital world in some vertical applications. and praised the existing identity solutions.

3. Transfer LALA
LALA's management team and its partners are one experienced crew who has been in wallet, money exchange, money transfer and loan business for more than 10 years in more than 15 different countries. Above a solid experience and a great network, we also built a great crypto offer - "LALA Transfer", for an efficient, cheaper, and faster remittance service globally.



Wallet LALA, LALA ID and LALA Token is a major part of LALA World ecosystem. LALA Wallet allows smooth onboard, ID LALA creates easy verification, AML / KYC and LALA Token provides one mechanism for users, partners, money transfer agents / operators, to make quick and cheap transfers to communities both within and across borders.

4. LALA Lends
Peer to peer and micro-lending have declined sharply in the last five years. But if we look around, especially developed countries and companies that have evolved into unicorns while the industry has promised to eradicate poverty, offering low-level loans to people who have historically been financially stranded.


The so-called "bottom-of-the-pyramid" solution has resulted in a strategy that makes many claims unsuccessful and makes poverty worse. This is where the Ecosystem approach becomes very useful. The LALA team has extensive experience in reducing this. LALA World supports individuals and small and medium businesses by offering it

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5. LALA card
In LALA Wallet, users can choose to order LALA cards, virtual and / or physical debits (and upcoming credit card time). As a security measure, we allow users to lock and unlock it via the LALA Wallet App. Furthermore, the user can also set restrictions for his family members and sync all the cards to the same Wallet. This makes our system more secure than traditional credit and debit card systems.


Blockchain and LALA Tokens become very central as users can sync multiple cards to the same LALA Wallet, which can then be used as Fiat and Crypto exchange medium without incurring high fees for such transfers anytime. Furthermore, we will also come with a loyalty mechanism associated with the LALA Card, so the more you use your wallet, the more you are rewarded as the holder of LALA Token.



6. LALA Kit
LALA has a unique proposition, especially for areas where there is no place where we have developed MVP hardware for greater penetration. It will also be sold at local corner stores, shops and partner locations in the future.

"The software can not solve all the problems and the hardware should be part of creating a truly global platform" Steve Jobs



LALA Kit is for everyone. Small businesses, grocery stores, uneducated workers or migrant workers. Purchase LALA Kit from the nearest store or partner location and go straight to the financial system. No bank integration, no form filling, no long queues, activate your ID and sync with the phone inside, start using, get paid, receive money. LALA kits can also be ordered online and delivered directly to you at a very affordable cost. As migrant workers, for example, can even get LALA Kit before boarding a flight from Bangladesh to Malaysia.

LALA Team:

Founder and CEO: Sankalp Shangari
Past experience: Deutsche, JP Morgan, InstantPay, Expertise in underbanked and payment system, blockchain speaker, writer

Linkedin: https://www.linkedin.com/in/sankalpshangari/

COO: Susheel Pathania
Past experience: Bertelsmann, Convergys, Teleperformance, RechargeItNow, InstantPay

Linkedin: https://www.linkedin.com/in/susheel-pathania-6557991/

Corporate Strategy & Development: Prakash Somosundaram
Past Experience: Serial Entrepreneur, Influencer Fintech, Ecosystem Maker, SG Gov Advisor, Heart of Lala world strategy

Linkedin: https://www.linkedin.com/in/prakashsomo/

Head of Remittance: Ravi Pandit
Past Experience: Director - Investor Relations Century21, MBM Holding, Yayasan Visi India, SBK Oil & Gas

Linkedin: https://www.linkedin.com/in/ravipandit/

CRO (chief revenue officer): Ranjit Kumar
Past experience: JCB India Ltd., Polyplex, Syscom Corporation, Morpho Group


Counselor:

Ari Paul - Founder of BlockTower Capital. Angel Investor. Former PM for Uchicago endowment

Linkedin: https://www.linkedin.com/in/ari-paul-8895a57/

Luke Sully - Hyperledger, Blockchain Expert

Linkedin: https://www.linkedin.com/in/lukesullyblockchain/

Thomas Mcalister - Blockchain Witch, Bankoin Reserve Multiple Patents

Linkedin: https://www.linkedin.com/in/thomas-mcalister-8a939a128/

Nitin Bhatia - Director of Bridgelink Advisors, Tata Capital

Linkedin: https://www.linkedin.com/in/nitin-bhatia-36180410/

Han Kyul Park - X BosCoin, Blockchain Entrepreneur

Linkedin: https://www.linkedin.com/in/han-kyul-park-609a0266/

Cheng Wei Ng - CorpZap Pte Ltd, Massive Collective Events, Dev Hse

Linkedin: https://www.linkedin.com/in/ngchengwei/

Ajay Bhatia - Chairman, Learning Network Wings Remittance Largest

Our Location: Singapore | India | Malaysia | Dubai

Official Information About LALA:

Website: https://lalaworld.io

Whitepaper: https://lalaworld.io/whitepaper.pdf

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

Twitter: https://twitter.com/MyLaLaWorld

Instagram: https://www.instagram.com/lalawallet/

Slack:

https://join.slack.com/t/slacklalaworld/shared_invite/enQtMjU1MjMxMzg0NDE4LTgxOTQ3YzhhYmE5NDg2YWY3MmUzMzRlOTU0MWRlZjcyZWI0OTM0YjRkMTI3MjljYjIwNGFkODMzMmM0YWRhYTg

Telegram: https://t.me/LaLaWorld

Medium: https://medium.com/@MyLaLaWorld


Linkedin: https://www.linkedin.com/company/13426271/

Author: Ardi Bimbim






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