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THE LALA WORLD ECOSYSTEM

LALA World (“LALA”)

LALA World (“LALA”) is a wholesome ecosystem for the unbanked, starting with the migrants and their families back home. The ecosystem not only revolves around financial inclusion, but also bringing together communities at grassroots level, solving real life issues faced by this population and using the most advanced technology to bring everyone together.The base of this Ecosystem is the LALA Wallet platform. By creating a whole new peer to
peer infrastructure, LALA aims to revolutionize the way individuals, small businesses and micro entrepreneurs transact, make domestic and cross border payments, borrow money and associated products like insurances, cards, wealth and other general banking products. The key to LALA’s success is in its experienced team and their global network and partnerships.

From a controlled and centralised financial system, LALA is truly bringing a whole new ecosystem (financial and grassroots community levels) to eliminate the need for intermediaries which drastically reduces costs and creates
efficiencies. Storing transactions on Blockchain eliminates complicated procedures and clearinghouses, saving time, money and the risk of error. The allowance of frictionless savings and investments gives people more control over their financial destiny. LALA uses Smart Contracts embedded into transactions that further simplify complex
procurement, negotiation and verification processes.

LALA TRANSFER

LALA’s management team and its partners are one of the most experienced crew who have run payment wallets, money exchanges, remittance and lending businesses for over 10 years in over 15 different counties. On top of solid experience and a great network, we have also built a great crypto offering – “LALA Transfer”, for efficient, cheaper
and faster remittance services globally. LALA Wallet, LALA ID and LALA Token are the central pieces to the LALA World ecosystem. 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 as well as cross border.

LALA CARD

Within the LALA Wallet, user can choose to order a LALA Card, a virtual and/or physical debit (and in time to come credit card). The user can also set limits 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 to this as users can sync multiple cards to the same LALA Wallet, which can then be used as both Fiat and Crypto medium of exchange without incurring any high fees for such transfer at any time.

 LALA KIT

LALA Kit is for everyone. A small business, grocery store, unbanked or a migrant labour. Buy LALA Kit from your nearest store or partner locations and be plugged in to the financial system instantaneously. No bank integrations, no filling of forms, no long queues, just activate your ID and sync with the phone inside, start using, get paid,
receive money. LALA kit can also be pre-ordered online and delivered straight to you at a very affordable cost. A migrant labour, for example, can even get LALA Kit before he boards the plane from Bangladesh to Malaysia.

LALA TECHNOLOGY AND MVP

To implement a seamless Blockchain technology, LALA team has been constantly sticking to some core principles and the real pain it is trying to solve for the unbanked. We have come to certain basic conclusions based on the geographies we intend to cover and the products we want to offer. There are some rudimentary issues in financial
inclusion of these underprivileged populace that has to be solved by a mix of traditional cash, existing agent networks and advanced but seamless technology.

If you want more information, visit the WEBSITE and read the WHITEPAPER.

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