INTERESTING INFORMATION ABOUT LALA WORLD

INTERESTING INFORMATION ABOUT LALA WORLD

World is a real-life partnership Ecosystem with Governments, NGOs, local communities and the integration of biometric technologies, blockchain and distributed ledger aiming to financial inclusion.

Website: https://lalaworld.io/

LALA World ("LALA") is a healthy ecosystem for the uneducated, starting with the migrants and their families at home. The ecosystem not only revolves around the financial inclusion, but also unites communities at the grassroots level, solve real-life problems faced by this population and using the most advanced technology to bring everyone together.

This is the platform Ecosystem basis Wallet LALA. By creating the infrastructure of the new peer to peer, LALA aims to revolutionize the way individuals, small businesses and entrepreneurs of micro transactions, make payments within the country and across borders, borrow money and related products such as insurance, cards, wealth and other general banking products.

The key to success of LALA is on an experienced team and a global network and their partnership. We believe it's all about execution at the end. With relevant experience in running such a project, a monumental partnerships already exist, great technology team behind us and support at a basic level, we believe that we are blessed to be joined together along with LALA.

To achieve this heavy duty, we need a partner. We are aware of the strength of our network and the migrants, but also at the same time, aware of our weaknesses. We can't build it all alone. Therefore, LALA has struck numerous partnership in Asia, Africa, the Middle East and the CIS. That means the real customers, real people and a use case. Fiat's prototype is being tested across users in Malaysia and India. This will give us valuable feedback and make the system more robust. The domestic financial system and cross-border Ethereal and based based Hyperledger (LALA Transfer) a proof of concept (PoC) as well as peer to peer lending platform (LALA Lends) is being developed by the developer of the block which is very high quality. It should be finished just before a Token LALA entered the stock exchange.

The current financial system is broken for this depressed populations. A couple of papers, articles and theories have been written about this. Already a gigantic task to bring them into the mainstream. Of the financial system in a controlled and centralised, LALA truly brings a new ecosystem (community level financial and grass-roots) to eliminate the need for middlemen to drastically reduce costs and create efficiencies. Save transaction in Blockchain eliminate complicated procedures and a clearinghouse, saving time, money and risk of error. Savings and investment allowance without friction to give people more control over their financial destiny. LALA using Smart Contracts embedded into transactions that ease the process of procurement, negotiation and verification are complex.

"Our focus will be to speed up human capital investment, health, education, social protection, so that Africa can prepare for the next stage in economic development," – Jim Yong Kim, President of the World Bank

NOT EXPRESSLY STATED & UNLIMITED

For more than 2 billion individuals without bank accounts, LALA World provides direct access to microfinance services and global remittance services are cheap

TOURISM AND EXPATS

Instead of getting traveler's checks, or pay the conversion fee, overseas visitors can buy and use any currency anywhere in the world

MIGRANT WORKERS AND THEIR FAMILIES

LALA World provides the fastest, cheapest, and easiest for migrant workers to send money home to their families and maintain

ORGANIZATIONS, NGOS AND GOVERNMENT AID

With the streamlining, LALA World allows the distribution of the funds is easy and can be audited to developing countries

More information:

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

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