LALA WORLD
INTRODUCTION TO LALA WORLD
LALA World ("LALA") is a wholesome ecosystem for the underbanked, starting with the migrants and their families back home. The ecosystem not only revolves around the financial inclusion, but also bringing together communities at the grass root level, solving real life issues to bring everyone together.
The key to LALA's success is its experienced team and their global network and partner-ships. We believe it is all about execution in the end. With relevant experience running projects, monumental partnerships already in place, great technology team behind us and ground level support, we believe we are blessed to have all come together for LALA.
THE LALA WORLD ECOSYSTEM
We believe that the economy works best when it works for everyone, this new platform is an engine of inclusion.
LALA WALLET
LALA Wallet is your single point access to all financial services in the LALA ecosystem. You have multiple top up and cash out options, hold fiat or multiple cryptocurrencies, with a host of financial services like money transfers, lending, bill payments, cards and other normal banking products at your fingertips. LALA Wallet also allows you to share your micro projects globally, allows you to raise issues which is suppressing the underbanked and build your own community, thereby creating a true Ecosystem benefiting everyone.
The more you use your LALA Wallet, the more you are rewarded economically, not only by cheaper transactions, but also via LALA Tokens for activities like sending new remittances, topping up user's balances, or cashing out other users balances at other ends, along with number of other LALA referral products and services.
LALA ID - One Global ID, on Blockchain and under your control
"Digital Identity is a must for the millions of migrants. LALA for a truly global experience"
• Dato Ratha Vellai, Bestinet Sdn Bhd Malaysia -
This unbanked population is often excluded from basic rights like property ownership, banking accounts and any social protection just because they do not have rights documents. Proof of identity is where it all starts. our single LALA ID will be able to consolidate all physical and digital identity into a single secure & private ambient identity, pointing to a secured trusted dataset about the individual,
Eventually LALA ID and its association with partners globally becomes your one access point at various multiple applications and physical locations. The prototype and MVP are in place already and being tested at various locations.
LALA TRANSFER
LALA's management team is the most experienced crew for 10 years in over 15 different counties. On top of a solid experience and a great network, we have also built a great crypto offering - "LALA Transfer", for efficient, cheap- er and faster remittance services globally.
LALA Wallet allows seamless onboarding, LALA ID creates easy verification, AML / KYC and LALA Token provides the single mechanism for users, partners, money transfer agents / operators, to make quick and cheaper transfers within communities domestically-ly as well as cross border. .Partners get their own dashboards including transactional analytics, customer historical information, KYC data and top up functionality which will facilitate the advent of LALA Franchise.
LALA LENDS
Peer-to-peer and micro-lending has been on a steep rise over the last five years.LALA World supports individuals and small and medium sized businesses by offering them.
By lowering the costs of cash transfer and doing business, blockchain could solve some of the main problems with microlending, allowing the new financial inclusion industry to blossom and start lifting people out of poverty at a world- hanging rate.
To prevent people from falling victim to these risks, fintech corporations have come up with the concept where you can encrypt your assets safely to another user, without being bound by excessive regulations and through a completely legal process. Cryptocurrency is a digital currency system that makes use of peer-to-peer (P2P) exchange platforms, is normally decentralized and facilitates the capability of processing digital transactions. The currency holders maintain virtual wallets which can hold such transactions.
LALA World is introducing an Ecosystem for the underbanked population by harnessing the power of Ethereum & Hyperledger blockchains and bridging the gap between real and crypto world. It is a new-age one-stop wallet based service that, with the help of tokens based on Ethereum's technology, provides financial inclusion to the underbanked population of the world as well as investors to capitalize on the rise of blockchain technology. By creating a whole new P2P infrastructure, LALA aims to revolutionize the way individuals, small businesses and entrepreneurs transact, make payments, borrow, lend, and conduct other basic financial services.
The LALA World Ecosystem is a complete financial ecosystem that consists of 5 major products;
- LALA Transfer
- LALA BillPay
- LALA Lends
- LALA ID
- LALA Card
LALA ID will be able to consolidate all physical and digital identity into a single secure and private ambient identity, pointing to a secured trusted dataset about the individual, thereby enabling individualized interactions in the physical and digital world across multiple vertical applications and complementary identity solutions.
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Authored by Lelvin: https://bitcointalk.org/index.php?action=profile;u=1275173