All Posts By

kanav Bhan

HOW LALA WORLD WOULD HELP A MIGRANT FATHER

Migrant Father

The story of a migrant is a true story of human struggle. The genetic and paleontological record of human migration is at least 60,000 years old. According to new figures released by UN DESA the International Migration Report 2017 (Highlights), states that 3.4% of the world’s inhabitants are international migrants. This reflects a modest increase from a value of 2.8% in 2000.

“We can’t help everyone but everyone can help someone”- Ronald Reagen

LALA World wants to extend a helping hand to laborious migrants, especially responsible fathers, who work blood, sweat, and tears to send home some money to their families. Money is the priority for a father dreading with the thought of criminals manipulating his innocent children to get involved in unlawful activities. A father can do anything to keep his family safe. Even if it means to stay miles away from home, just imagining how his children faces would have changed with time, and how they would have grown.

Imagine the plight of the father who has not seen his family in years and now even their faces are getting blurry in his mind. He never thought that crossing the sea to be in a country with opportunities would be so difficult for him. Not knowing the country or sometimes language can produce lots of challenges for a migrant. Discriminating attitude of the systems thrashes migrant’s hopes of making the country new home.

Read more: LALA sign historic agreement with MiGRAMS, Worlds Largest Migrant Management platform to improve lives together

“Peace can only last where human rights are respected, where the people are fed, & where individuals & nations are free”—Dalai Lama

A Migrant is already struggling in adjusting with the new environment where air also feels different on the skin. But there are lots of other hindrances which add to the burden on his shoulders. Availing basic needs of financing and payments is a challenge as certain norms need to be cleared as per the State.

Read more about it: LALA World to Utilize Blockchain for Addressing Social Issues

Blockchain can do wonders in this direction. That is the reason LALA World has chosen Blockchain to make a difference in the lives of those hard working fathers staying miles away from families.  Migrants are deprived of financial services from banks and other financial bodies.

See how LALA World with its Global Decentralized Financial Ecosystem has imparted a change.

Read more: How LALA WORLD is connecting poor families through its global financial ecosystem

Our products can generate optimal solutions for migrants by eradicating unnecessary regulations and facilitating instant settlements on the go at less costs. A migrant with LALA Wallet would have the control over his own money that he desired all along, and in addition to that he would get services that otherwise take place through Banks. It would make it easy to avail financial services in a new country. This wallet based on LALA ID would act as a global ID for him. A single global identity system that includes KYC/AML, Biometrics, verification, digital records, cards etc. Migrants are never certain on what bases the money is deducted while transferring money to their families and why the amount received is always different. The criteria of deduction is never clear to them and no one bothers to give them a clarity. Banks and financial institutions are there to fleece them off their hard earned money. But with LALA transfer a money transfer would be done across borders with the minimum exchange rate and instant remittance would bring smiles on migrant’s family’s face. This would be a secure and transparent method of sending money.

LALA Lends on the other hand would generate an opportunity for a hardworking father to get financial support whenever he intends to expand or establish a business or is in need of economic support for his existing endeavors. We wish to make lives of all these fathers who bear huge responsibility of large families simple and try to find peace in the struggles beyond borders. Ethical ways of earning money should be encouraged by all means. We intend to help a father who is working hard by easing off his financial woes.

LALA World Driving the Global Digital Economy Engine

Global Digital

We all can relate to a global digital economy with the credit card in our pockets, online banking, and e-wallets installed on our smartphones. But it is significant that the global digital economy keeps adopting the new innovations offered by the emerging technologies. For example, Blockchain has many unique features that impart fresh angles to the business models, business networking and opportunities of international money transfers.

The global digital economy can truly be accomplished globally only if all enterprises across geographies are given an opportunity to register themselves on a platform which is decentralized. Properties of Blockchain can give world enormous choices which can be put to execution in a variety of industries. Benefits generated from the Blockchain technology can be the stepping stones in achieving Global Digital Economy.

Our digital future is about enabling better productivity and decision-making to enjoy a better quality of life

YacineBaroudi

Liberating an individual by providing him with the facilities of money transfer, peer-to-peer lending, with whom so ever he wants to, is the true meaning of a Digital Economy. At present, this is obsolete in many developing countries. But there are entrepreneurs like the Founder & CEO of LALA World, Sankalp Shangari, who are putting their energy in reaching the unbanked population to help them acquire digital independence. LALA World has developed multiple Blockchain-based products that would empower migrants & the disadvantaged communities by providing them financial freedom.

Read more about it: WHY LALA WORLD IS THE NEW CRUSADER OF PEOPLE’S FINANCIAL FREEDOM

The world today remains connected to the internet mostly due to the social media. In Malawi, where birth registration rates are only 2%, recent data suggest that 4% of the population is on Facebook — and climbing (Source: UN.ORG). If people find it fascinating to register themselves on the social media through internet, it clears the cloud on the misconception that Blockchain technology cannot reach everybody. People who are not even registered in government accounts, have internet access which proves Blockchain potentially can empower them all.

Government and enterprises can unite to work towards bringing about a positive change in the plight of the disadvantaged section in these developing countries and can reach maximum population through their smartphones. The number of smartphone users is forecasted to grow from 2.1 billion in 2016 to around 2.5 billion in 2019. 36 percent of the world’s population is projected to use a smartphone by 2018, up from about 10 percent in 2011. (Source: Statista)

It is estimated that Global digitalization can be achieved by 2030 as more projects taking on real challenges in different industries are cropping up with novel ideas to utilize the Blockchain power. What truly needs to be done is to generate awareness in the people about benefits of using this meticulous technology.

Read more about it: How LALA World Is Going To Re-Define Ways Of The Alternative Banking

Blockchain offers great solutions with features like:

  1.    Increased Transparency
  2.    Lower cost
  3.    Greater security
  4.    Faster settlement

For LALA World, financial liberation has been the focus. Following products can help the unbanked and migrants extensively:

  1. LALA Wallet: Combines multiple financial services, keeping in mind a global seamless ecosystem.
  2. LALA ID: After the wallet creation, fingerprints, facial recognition, and other biometrics are captured to assign a unique Id.
  3. LALA Lend: Provides seamless opportunity for peer-to-peer lending and microlending.
  4. LALA Transfer: Local and global remittance via Blockchain-based platform.
  5. LALA KIT: Every Kit holds a card and an android phone which can be made available to people at low cost. It can also be delivered at the doorstep and has online ordering facility.

LALA World wants to contribute to digital financial ecosystem by making itself available to people worldwide. GLOBAL DIGITAL ECONOMY is not a dream but an opportunity for all technology enthusiasts to come up with new ideas in order to make a difference.

LALA World join hands with Jetcoin to promote and nurture talented sportsmen

talented sportsmen

Is LALA World committed to improving lives of the disadvantaged, globally? Yes, of course, it is! And what better way there can be but to help young migrants in building their dream career.

In sports, Soccer is the most loved & followed in the world. We feel that the economies LALA is working in and the communities we are working for, are full of extraordinary talent and have witnessed that in the past with the top league footballers coming from these sections of our society. With Jetcoin, LALA wants to support as many talented sportsmen as possible, who do n for their better future

And further train the talented sportsmen with right facilities, where they are out from the ghettoes, and focused as they train hard to make it big for their own good and better future. In return help bring a change and prosperity to their own communities. LALA doesn’t believe in doing things just once, its not a charity but a vision towards creating a self sustainable ecosystem where every one lives a better life.

LALA World is super excited to be able to play a major role in transforming the lives of these talented sportsmen across geographies. It will help budding champions in getting the required funds transferred from any part of the globe. Jetcoin is building a Blockchain based platform that would help anyone to buy IP rights of a rising superstar via Smart Contracts, thus investing in their career. LALA World will help Jetcoin in extending its wings in various emerging economies with the help of its global financial ecosystem.

To read more, click here https://www.prlog.org/12712960-jetcoin-announces-strategic-partnership-with-lala-world-targeting-emerging-markets.html

For more updates don’t forget to join our Telegram community and follow us on social media.

The whole team truly appreciates the continued support that you have extended since the very beginning. You are our motivation, keep believing in us and spread the word about your LALA Project to all your friends and acquaintances.
Thank You!

Sankalp Shangari CEO & Founder LALA World, Attended The Very Exclusive Huobi Global Press Conference -2018, Singapore

Huobi Global

LALA World has always been pro-active in terms of seeking collaboration opportunities. However, this time the situation was different, as Huobi invited us to their VVIP event to showcase their new businesses, rebranding, and awesome capabilities.

“Great opportunities are not seen with your eyes. They are seen with your mind.“- Robert Kiyosaki

Read more: Sankalp Made a Huge Impact at BlockSocial Singapore Event

The conference took place on 6th of June 2018, at Mandarin Orchard Singapore. The purpose of this press conference was to unveil the new Huobi Global Ecosystem Fund for the very first time. The event was covered by all the popular news channels and online news portals, such Business Insider, Yahoo and many more.

An array of interesting products & services were launched and showcased at this by invite only event :
Huobi Pro, Huobi Labs, Huobi Capital, Huobi Eco, Huobi Chain, Huobi News, Huobi Australia, Huobi Research, Huobi Security, and HADAX

Huobi Global has its offices in Singapore, the United States, Japan, Korea, Hong Kong, and is prevalent in over 130 countries. Huobi Global has a mission to make the financial industry more efficient and to make money more accessible to everyone. Integrity, Innovation, and Cooperation are the core values of Huobi group with its team dedicated to providing safe, professional, trustworthy, and excellent services to its clients across the globe in an effort to create a client first culture.
And this is what LALA World project resonates with, as we build one of a kind ecosystem that is going to change the realms of the current plight of migrants & the unbanked.

LALA World feels extremely privileged to be able to become a part of this conference organized by Huobi Global and hope it leads us further in the direction of more such great opportunities and success.

To get more updates and information, join LALA World’s official Telegram community and follow us on social media.
Thank you all for your continuous support!

Here we announce our “LALA of The Month”

LALA of the Month

We are delighted to name ROLF as LALA of the Month. ROLF is one of most active Telegram Community members and is a major supporter of LALA World’s vision. He even looks after the other community member’s issues and guides them firmly. He has been an extended arm of the LALA admin team as he has eased out situations when the arguments were getting tensed. He has been a true LALA ambassador and eliminated any chances of a discord between the community members with his skills as an awesome communicator.

“Feeling gratitude and not expressing it is like wrapping a present and not giving it.”-William Arthur Ward

The team wants to thank our LALA Of the Month – ROLF, for his contribution and wishes best for him. He has always proved to be a strong pillar for the LALA community through his guidance and continuous support to fellow community members. Hopefully, he continues to keep up the good work.

At LALA World, we believe in expressing our gratitude, especially to all those who have supported us right from the beginning. We are generously blessed to have people like you endorsing one of a kind ecosystem that’s going to change the realms of the current plight of migrants & the unbanked.

We are overwhelmed by your enthusiasm and promise that we will continue to meet your expectations as we look ahead for endless participation from our lovely community and also for next LALA Of the Month.

For everyone else, don’t forget to join our Telegram community to get the regular news & updates.

The whole team genuinely feels grateful to each one of you, for giving continues support and putting efforts in spreading the word about the LALA World project.

A Magnificent May ’18 for LALA World: Partnerships, Updates and More…

It has truly been an action-packed month for LALA World, filled with successful partnerships and other big decisions taken by Sankalp and team. All that we had planned to do in the month of May has been accomplished and we’re so proud of our team.

“The roots of true achievement lie in the will to become the best that you can become.” – Harold Taylor

The month started with mutually beneficial collaborations with exemplary enterprises that have brought us closer to our goal –

“Making human lives better”. Our CEO & Founder – Sankalp Shangari spoke about LALA World story and its thrust for Blockchain technology as represented LALA at various global events. And later in the month, we got multiple accomplishments, read on…

1. PARTNERSHIPS

• We partnered with MiGRAMS that is World’s largest Migrant Management Platform. It manages the largest migrant data across the globe. This partnership has empowered LALA World by linking it directly with the migrant community.

Read more: LALA signs a historic agreement with MiGRAMS, Worlds Largest Migrant Management platform to improve lives together

• Collaborated with SmartPesa, a platform that allows banks to quickly implement and run agency banking under their own brand. With this partnership, LALA World can reach out to millions of new customers who are getting benefits from SmartPesa’s payment solutions.

Read more: LALA World Partners with SmartPesa to Reach 8000+ Merchants in the Developing Countries

• Promoting the idea of “Technology with a Purpose.” LALA World with  its new active and dynamic partner BLOCKSOCIAL  “Blockchain for Social Impact,” a platform to talk about groundbreaking ideas in the domain of social entrepreneurship, is embarking on the journey to attend a series of events, planned to span out across the world- identifying technological advancement in Blockchain, aimed towards solving problems of the marginalized group.

Read more: LALA WORLD to propel BLOCKSOCIAL’S idea of utilising Blockchain for Social Issues

• Rebit.ph a pioneer in Blockchain powered remittances based out of Philippines was yet another strong partnership for LALA World that was announced. Rebit.ph and LALA share a similar interest in connecting people to low-cost financial services, thus helping the underserved and the unbanked. The Philippines is the second largest recipient for remittances in Asia and 3rd top receiving country of remittances in the world; these remittances account for 9.8% of GDP (World Bank, 2015) with a total of US$26 billion transferred in 2013, thus being a critical ally for LALA World.

Read more: LALA World Partners with Rebit.Ph to Grow its Payments Network

2. UPDATES

• After months of super hard work, LALA announced that its integration and connections with Stellar protocol were now complete and further having successfully signed NDA’s and agreements with various partner anchors of Stellar like Coins.Ph, TEMPO, MOIN etc. LALA is now in various stages of integration, documentation, and implementation as its prime focus is delivering a Stellar Product – LALA Transfer.

Read more: Completed – LALA Transfer & Stellar Blockchain Integration, Testing with Other Stellar Anchors in Process

• Another super achievement for LALA was getting listed on KuCoin which according to CoinMarketCap is one of the most trusted websites for Exchanges data and ranks in the top 20 Exchanges in terms of 24 hour trade volume. With the listing on KuCoin, LALA made it to the top spot on KuCoin’s daily volume list, beating the biggest and most dominant coins of the crypto-currency market, crossing USD 7 million worth of trading volume per day, which was an absolutely tremendous accomplishment for LALA.

Read more: KuCoin Listing & LALA Achieves Yet Another Feat – Crosses USD 7 Million in Trade Volume

3. EVENTS

• Sankalp Shangari delivered a spectacular inaugural address at the Blocksocial Event in Singapore on May 18, 2018. He spoke on the ways Blockchain can enhance the way we live today, and also about LALA World’s aim to build a global digital decentralized financial ecosystem and its vision of “Making Human Lives Better.”

Sankalp interacted with the Blockchain Community at Stellar meet-up for Blockchain and FinTech enthusiasts in Dubai – 1st May. Our valuable partner – Stellar.org and LALA World came together once again to showcase the LALA World’s Story and our development journey.

We can call the past month a really productive one, but we’re expecting even more action in the upcoming months. In order to achieve bigger goals, we would be working even harder and give our best to keep up with promises we’ve made. Don’t forget to join our Telegram community to get the regular updates. The whole team genuinely feels grateful to each one of you, for giving continues support and putting efforts in spreading the word about the LALA World project.

LALA World Partners with Rebit.Ph to Grow its Payments Network

“All our dreams cam come true if we have the courage to pursue them” – Walt Disney”

LALA World is relentlessly working towards its aim along with our generous and world class partners. We are delighted to announce yet another critical partnership, this time with Rebit.ph., a pioneer in Blockchain powered remittances. We chose Rebit.ph because we share a similar interest in connecting people to low-cost financial services, thus helping the underserved and the unbanked.

Read more: LALA & Stellar protocol Integration Process Completes

Rebit.ph is a service of SCI Ventures Inc., a Philippine-based company for blockchain-related ventures. Licensed by the Bangko Sentral ng Pilipinas through their wholly-owned subsidiary, Rebittance Inc., their goal is to provide universal access to otherwise unreachable financial services, enabling hindrance-free participation in the internet economy. They leverage the superior technology of Blockchain to provide great service at lower prices.

Rebit aims for total transparency in both their business model and service fees, offering competitive BTC-to-PHP payout rates in the Philippines, with plans of supporting more cryptocurrencies within this year. The Philippines is the second largest recipient for remittances in Asia, with a total of US$26 billion transferred in 2013. The Philippines is the 3rd top receiving country of remittances in the world; these remittances account for 9.8% of GDP (World Bank, 2015).

“When your desires are strong enough, you will appear to possess superhuman powers to achieve.“ – Napoleon Hill

We believe that we’re not only on the right track but already almost halfway there. And together with Rebit, we intend to serve people better.

We hope that our members of our community are now more confident that we will achieve our vision. With each partnership, we are inching towards our goal of global financial inclusion. We hope that you won’t mind receiving more of such partnership updates via e-mails, because we just getting started. We are also working day and night to get listed on top exchanges across the world.

Read More: LALA Achieves Yet Another Feat – Crosses USD 7 Million in Trade Volume

Our active collaborations are dear to us, as nurturing & supporting the relationship always takes the vision closer to reality.
More meaningful partnership announcements are on the way. Stay tuned for more updates from the LALA Team.
Thank you for being a part of this incredible journey and your endless support keeps us going!

LALA World to Utilize Blockchain for Addressing Social Issues

Social issues

Wealth comes to a person who has power, can withstand responsibility, and has an eye for the opportunity. There are various examples of people who have enlightened the world with their fresh thoughts and invested all their wealth for sustainable future of the human race. Sometimes money gives birth to illegal and immoral businesses which lead to the downfall of the society which leads to social issues.

“I firmly believe that any man’s finest hour, the greatest fulfillment of all that he holds dear, is that moment when he has worked his heart out in a good cause and lies exhausted on the field of battle – victorious.”

Vince Lombardi

 

LALA World is on a mission to utilize Blockchain technology to ensure that the needy individuals have the access to money. Blockchain technology has the power of addressing the social issues at large scale generating effective solutions. Its implementation can truly be dynamic and affect the current scenarios of developing countries suffering from social issues like human trafficking and money laundering.

Human Trafficking:

Human traffickers prey on migrants fleeing through the poor country, typically from the one who does not have funds or paperwork to cross the border legally and is one of the major social issues. Traffickers promise new identification, jobs, and decent lives in big countries, which people accept at the cost of their souls.

There are few reasons believed as to why human traffickers are able to smuggle people:

  1. Political instability
  2. Vulnerable migrants fleeing the country
  3. Weakened borders

Human traffickers offer to create fake identities in order to move migrants past the port to the target country. Victims are often placed in rubber boats that may or may not make it to its destination. Governments of many emerging markets are simply unable to track all of their citizens through a centralized database or registry of identity, especially in countries suffering from conflict.

So, how do we stop this? There are so many horror stories of girls, children, and adults with the poor background being a victim of this heinous crime.

Twenty million children in Sub-Saharan Africa do not have a birth certificate, and 50% of persons in the region do not have proof of their own identities. (Source: Humanium.org)

We, at LALA World, believe that Blockchain-based self-sovereign identities can empower victims of human trafficking to hold their own identities, providing them with the opportunity to cross borders themselves without dependence on false promises by traffickers. This presents LALA WORLD with an opportunity to implement the concept of decentralized identity management. With a Blockchain-powered LALA ID, any migrant with Internet access could create an identity and have that recorded on an immutable ledger. They could use their phone and the unique digital identity to be verified at various ports and destinations.

LALA World has successfully partnered with World’s Largest Migrant Management Platform – ‘MiGRAM’. MiGRAM manages the largest migrant data across the globe. With this collaboration, LALA World can help bring a big change in the lives of migrants.

Read more: LALA sign historic agreement with MiGRAMS, Worlds Largest Migrant Management platform to improve lives together

Money laundering

According to UNODC, the estimated amount of money laundered globally in one year is 2 – 5% of global GDP, or $800 billion – $2 trillion in current US dollars. Governments and regulatory bodies around the world have placed difficult procedures and tight laws to stop money laundering, but it is costing more money to implement these compliance procedures rather than eradication of money laundering in the first place.

An important step in stopping money laundering is the verification of identity or Know Your Customer (KYC). In recent years, issues such as rising costs of high compliance costs, large penalties & regulatory fines, transaction delays, integrated data management, privacy laws, frequently evolving regulations and absence KYC on a single system for multiple businesses have challenged the banks and the common man.

A common man in the need of money to start a new business or for personal reasons prefers to skip the compliance regulations if given the opportunity. The Blockchain technology has the ability to share immutable records across the network in near real-time in a secure manner.

LALA World can provide a strong feature of LALA ID with the LALA WALLET which reduces compliance errors and removes the duplication involved in validation of documents. LALA ID, stored on Blockchain, results in a remarkable drop in time, cost, and effort involved in KYC. If such streamlined, cheap and transparent options are provided to people, it will surely impact the percentage of money laundering menace.

Further, LALA Wallet can empower migrants by providing them control of their own money. Elimination of intermediates through LALA Transfer would make migrants confident about the transfer of money across borders, at a very low cost. Migrants have an assurance that the money sent is definitely going to be received by their families.

“Any fight worth fighting is worth taking a few hits over”

Tony Kirwan

 

Read more: LALA World Empowering Women

The Blockchain technology has immense capability to improve compliance, reduce costs, and increase efficiency and speed while solidifying anti-money laundering standards around the globe.

LALA World is focused towards accelerating investments in human capital for the upliftment of the society worldwide. Driving with the spirit of joining hands with organizations sharing same motive of serving the humanity has been the goal throughout the journey.

Every organization has a goal of embedding their names in the history. But LALA World is fortunate enough to get this chance by helping to mitigate various social issues and stand out of the business-driven enterprises.

LALA Achieves Yet Another Feat – Crosses USD 7 Million in Trade Volume

We are excited to share yet another awesome news with you all. With the recent listing on KuCoin, we are proud to inform you that LALA World made it to the top spot on KuCoin’s daily volume list, beating the biggest and most dominant coins of the crypto-currency market.
We have crossed USD 7 million worth of trading volume per day, which is an absolutely tremendous accomplishment. Furthermore, we are consistently keeping this volume.

Source: www.coinmarketcap.com

Without any doubt, it is one of our huge steps so far, and we would be lying if we say that we haven’t expected great results out of it, but the actual outcome came as a great news, motivation and blessing for LALA World.

“Small daily improvements over time lead to stunning results.” – Robin Sharma

KuCoin is a cryptocurrency exchange that ranks in top 20 Exchanges in the world in terms of 24-hour trade volume. It has more than 4,000,000 users and has achieved this tremendous growth in just 6 short months. Keeping all the facts in mind, LALA World feels truly fortunate to be enlisted on KuCoin.

Source: www.coinmarketcap.com

As much as KuCoin is responsible for this achievement, we feel that it wouldn’t have been possible without your generous and overwhelming support. We can’t thank you enough for all the efforts you’ve put in for promoting and spreading the word around about LALA World.

We’re often asked this question – “When Exchange?” by our community. We really appreciate the community’s concern, that is why LALA World is trying its best to keep the promises we made, but things like these take time as there are many complex procedures to be followed in the process of getting enlisted.
But we are not done yet! KuCoin was just the beginning. LALA team is working tirelessly to achieve more such feats in coming months.

To stay updated on the latest events & product news, join our Telegram community here.
Many thanks for being the driving force in this tough, but a meaningful journey!

From the CEO’s Desk – Letter to LALA Family

LALA Family

I could think of no better time to express how grateful and proud I am to have such a dedicated and self-driven team at LALA World. They have yet again proved that a company’s success is a collective effort by a good team and not just a good leader. When I talk about the team, I mean LALA Family as a whole. Be it Tech, Business Development, Content or Human Resource, inputs from every one remains valuable for the future of LALA World.

The effort which marketing team has put in during our enlisting on KuCoin, one of the popular exchanges, was commendable. Working continuously for 48 hours was a task that nobody could have imagined is possible. But I am sure my team shares the same spirit of keeping LALA World’s community happy that must have pushed them to work beyond their physical and mental boundaries. The same goes for the tech team who has spent the sleepless nights at the time of LALA World’s Blockchain integration with Stellar and completed it in an amazingly short span of time.

I hope my LALA family feels appreciated for the efforts they are putting in. I am aware of the fact that they are performing many tasks which are above and beyond their KRAs. This has really helped us in meeting our deadlines on time.

My team has seen me at my best and worst frame of mind. At times when I am harsh, it’s only to draw out the best in them so that the team can outperform themselves. With team’s success comes the success of LALA World and I’ll be constantly standing behind them and provide all the support they require.

Great things in business are never done by one person. They’re done by a team of people. 

Steve Jobs

I’m grateful to all of them for fighting this battle against financial deprivation with me. Together LALA Family can bring the change in the lives of millions!