Lala World's new financial ecosystem by utilizing blockchain





What Is Lala World?

Lala World is an ecosystem for people who belong to unbanked, starting from immigrants to your closest relatives. Our ecosystems are not only about financial issues but we are also collecting bottom-level communities, providing solutions to existing problems using highly useful technologies to gather all people in one container. Lala World also created a new financial ecosystem by utilizing blockchain to connect the gap between cash, digital and the crypto world. Lala World is a one-stop wallet based on ethereum and hyperledger blockchain that can get investors to take advantage of the rise of blockchain and also invite unbanked people into existing financial ecosystems. We use the peer-to-peer ecosystem to achieve our goal of revolutionizing the way people, small / micro entrepreneurs engage in transactions, payments, loans, insurance on existing banks.

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. On top of solid experience and great networking, 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.

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 real 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.


Distribution Of Tokens LALA

As mentioned earlier, a total of 150,000,000 Lala tokens will be distributed to you, who want to participate as investors in our project. The token distribution is as follows:
  • 60% of the amount of tokens we make will be issued at the time of ICO.
  •  15% of our total tokens will be allocated to Lala World founders, first investors, and technology teams.
  •  10% of the total tokens we will use to finance advisers, consultants and community founders.
  •  15% of total existing tokens will be stored and not sold. This token will be available as an additional token selling mechanism.
  • In addition, we will re-purchase Lala token on the stock and open market using 20% of the transaction fee from Lala Wallet.

RoadMap



Team

Sankalp Shangari - Founder & CEO
Ranjit Kumar - Chief Revenue Officer
Prakash Somosundram - Strategy and Corporate Development
Ravi Pandit - Head of Remittances
Juri Kopotko - Chief Technology Officer
Cheng Wei Ng - Legal & Compliance

Advisor    

Ari Paul - Co-Founder of BlockTower Capital, Angel Investor
Luke Sully - Hyperledger, Blockchain Expert
Thomas McAlister - Blockchain Magician, BanKoin Reserve Several Patents
Han Kyul Park - X BosCoin, Blockchain Enterpreneur
Ajay Bhatia - Chairman, Learning Largest Wings Remittance Network
Nitin Bhatia - Director Bridgelink Advisors, Tata Capital

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ETH address : 0x7cf44d6f5F2890ccDAa4B6b834B04f37e3F0eeE5

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