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kanav Bhan

A JUBILANT JULY FOR LALA WORLD

3 BACK TO BACK LAUNCHES BY LALA WORLD

  • LALA World App (India):  We launched LALA WorldApp within six months of ICO completion and became the first organization who made it possible in such a short span of time. The app offers bill payments and mobile recharge service in India. LALA World App: THE SOUL AND THE VOICE
  • LALA World App (UAE): The Recharge Services in UAE launched in close association with our partner ManGo Point Payment Services L.L.C. Now our customers in UAE can recharge mobile numbers of 10 countries outside UAE. LALA World App (Recharges) Goes Live in UAE Today!

LALA LENDS GOES LIVE IN INDIA WITH OUR FIRST LOAN

LALA Lends Launch: LALA Lends Launch: LALA world launched its lending arm “LALA Lends.” With this initiative, LALA has come closer to its ultimate objective to serve the unbanked and underserved population, as LALA World can now provide loan services in India. At present we are offering Micro and Nano Credit (MANC) for individuals and MSME loans for micro, small and medium enterprises. We already gave out our first loan on 23rd July.

LALA IN THE MEDIA

LALA World’s CEO & Founder – Sankalp Shangari by Keith De Souza of 938Now, a popular radio channel in Singapore. This was the first of its kind event, prior to this he had been engaging through various digital media mediums. Sankalp talked about the LALA Story while sharing his insights on the impact of Blockchain on Banking.

As promised, we made the most out of the July and indeed will work harder in coming months to achieve bigger goals. We would be working tirelessly and give our best to keep up with promises we’ve made.

INTERNATIONAL MOBILE RECHARGES FROM UAE

EVENTS & CONFERENCES

Sankalp Shangari, Founder and CEO of Lala World was invited by the UBS Expert Series to share his insights on the Blockchain solution. His address covered a gamut of issues, where he chose to highlight the following:
a) Banking the unbanked using blockchain
b) Blockchain for social Impact
c) The current state of blockchain industry along with the ICO (initial coin offering) industry

NEW MEMBERS IN THE LALA FAMILY

Jayadeep Apte: Jayadeep joined as LALA World’s New Vice President. Operating from Singapore, he is focusing on growth of LALA World’s ecosystem of remittances and payments besides forging global alliances and strategic partnerships.

Monali Thakker: Monali joined LALA World’s Dubai office as Country Head – UAE, she is supervising the entire business in UAE region including App, Lending & Remittance.

TOP TWEET THIS MONTH

LALA IN THE INTERNATIONAL MEDIA

LALA World App Solidifies its Global presence

In the moment of triumph, it is our pleasure to announce that LALA World is on its way to establishing a complete ecosystem with powerful connectivity across the globe. The launch of various services has helped LALA World gain momentum and now is opening its wings to fly. We have presently reached new heights from where we have made our products and services accessible to all.

If Everyone is moving forward together then success takes care of itself — Henry Ford

We are thrilled to have increased our global presence by launching services in UAE in association with various partners. Not only LALA World App users are able to top-up their mobile phone’s network on the go but they can also make recharges for any mobile phone network belonging to 15 other countries including Afghanistan, Russia, British Indian Ocean Territory Armenia, Bahrain, Iraq, Jordan, Kazakhstan, Myanmar, Kuwait, Kyrgyzstan, Israel, Tajikistan, Turkey &Yemen.

The procedure of recharge is easy and user-friendly. One can make recharges using their ManGo balance in LALA World App. This balance can be pre-deposited using cash with the help of ManGo self-service kiosks situated in 450 locations across UAE. This omits the need for users to visit a recharge store or these kiosks frequently.

Addition of these 15 countries has extended our global presence in 25 countries. Our timely achievement of set milestones has maintained an upward sloping graph of successes.  With the vision of creating a positive impact in the lives of 100 million people by 2020, we are constantly expanding our global presence and creating innovative and advanced products and services to achieve our mission.

Our community always encourages us to continue walking on the path that’ll help us realise the dream that we all saw together. We are unceasingly working on expanding our list of achievements for them.

To stay updated on the latest happenings & product news, join our Telegram community here https://t.me/LaLaWorldFor any support regarding the services, please contact us at: [email protected]

LALA Team expresses its gratitude to the community for its continuous support and being with us since the beginning. Thank you All!

SANKALP INVITED TO SPEAK AT “BLOCKONOMIC SUMMIT”

Discussion of new ideas always add value to the Blockchain community. Blockchain enthusiasts assembling in an event where all their visions are brought to light and missions are heard by millions truly makes a huge difference.

BLOCONOMIC is Blockchain Economic Summit that aims to bring together entrepreneurs with their supreme intellect on a common platform in the heart of South East Asia i.e., Kuala Lumpur, on August 16 & 17th, 2018.

The summit involves Main Conference, Leaders Panel and Mini Exhibition Shows that’ll be attended by thousands of delegates from government, Research institutes, financial institution as well as FinTech and internet finance, Blockchain Technology and industry application, cryptocurrency and digital assets related firms.

The “Bloconomic” is a dynamic and loud space to conduct a fruitful discussion on all possible use cases and prospects of Blockchain.

LALA World is added in this prestigious list with Sankalp contributing his bit by sharing his vision on alleviation of poverty thorough social business implementing Blockchain Technology. Sankalp Shangari, CEO and Founder of LALA World is invited to speak about his passionate plans for LALA Ecosystem.

He shall talk about “Blockchain for the unbanked” in which the ways of utilizing Blockchain to break financial barrier for the poor will be covered. LALA World being a social business with global presence is stepping forward to bring financial peace in lives of many people.

“To make a difference in someone’s life, you don’t have to be brilliant, rich, beautiful or perfect. You just have to care.” ~ Mandy Hale

We feel grateful and excited with every opportunity that LALA World is bestowed upon to address the communities globally. Looking forward to hearing Sankalp at this grand event. Hoping that meeting so many renowned names together at the same time shall help establish new relations and recognition at world level. Veterans of Blockchain industry together can deploy this technology with the purpose of resolving long sustaining problems of humanity.

To stay updated on the latest happenings & product news, join our Telegram community here.

Thank you for your continued support!

LALA World Decrypts Myths About Blockchain

Majority of the population around the world find it difficult to embrace emerging technologies. Due to the volatility of Bitcoin, users and significant investors of the world are skeptical about the future implications of the technology that underpins it. Discussions with incomplete and inaccurate information have created a cloud of misconceptions and myths about the deployment of Blockchain technology.

This article is an effort to clear the air by enlightening readers about the benefits of Blockchain and to eradicate the myths about it.

Read more: LALA WORLD eyeing to merge AI with Blockchain to develop technologically superior products

  1.    People usually confuse Blockchain with Bitcoin

Bitcoin is the first word that triggers people to think about Blockchain. Blockchain is the technology that underpins the cryptocurrency like Bitcoin, and it is just a small attribute of Blockchain that enables peer-to-peer transactions.

  1.    Blockchain’s only application is Cryptocurrency

It’s widely believed by many that cryptocurrency is the only use case of Blockchain. However, it has much to offer. Blockchain has many use cases that are derived from its features such as immutability, transparency, and security.

  1. Information on Blockchain is not public

Contrary to popular belief, the majority of Blockchain transactions are traceable and transparent. Additionally, there are no hidden secrets to Blockchain and its operations. All the information encapsulated in the block is public to all participants on the Blockchain.

  1. Blockchain can only be used in the financial sector

Blockchain has many applications in the financial industry because of its nature.  However, there are many relevant use cases of Blockchain including Real Estate, Pharmaceutical, Freight, Online Booking, etc. Where ever there is a value chain, Blockchain can create a difference with its strategic deployment and hence help in the exchange of value.

  1. Cryptocurrencies are for Criminals

Some people misinterpret that Blockchain technology is only dropping cryptocurrencies which are deduced from decentralized platforms, its ambiguity and anonymous nature can only benefit people ditching law. But what people don’t know is that the digital wallet facilities also requires certain regulations to be complied with.

In an economically or politically unstable environment, if a person is feeling insecure and lacks trust in banks, then, Blockchain based financial ecosystem can be of great help.

Blockchain is commonly compared to the internet in terms of its disruptive nature and technological significance. However, unlike the internet, various Blockchains can be designed to serve different purposes. The prevalence of this misconception has greatly waned with the rise and increasing popularity of other Blockchain networks beyond Bitcoin.

Read More: HOW LALA WORLD WOULD HELP A MIGRANT FATHER

LALA World is utilizing Blockchain technology to build a Global Financial Ecosystem to help in financial inclusion of the unbanked and underserved. It firmly believes in the power of this technology and wants to utilize it as a tool to alleviate poverty.  LALA World has foreseen the blossoming future for Blockchain technology, and combining it with other technologies like Artificial Intelligence

LALA World welcomes Jayadeep Apte as Global Head of Strategy & Business Development for LALA Wallet & Remittances

Another lieutenant added to the LALA family!

The key to growth is the introduction of higher dimensions of consciousness into our awareness.
– Lao Tzu

It gives us immense pleasure to announce the latest exciting addition to our leadership team, our New Vice President Mr. Jayadeep Apte. Operating from Singapore, he will be focused on growing LALA World’s ecosystem of remittances and payments besides forging global alliances and strategic partnerships.

We, at LALA World, are relentlessly working towards building the most efficient team to drive LALA’s vision.

Jayadeep Apte is a British Citizen and an industry veteran with 25+ years of global experience. Jayadeep has been instrumental in building multi-million revenues and high valuation businesses for innovative startups as well as established MNC’s. In his past stints based in London and India, he has delivered transformational business outcomes working with global clients across verticals besides banking and financial services.

His multi-dimensional experience will prove invaluable as LALA executes on its vision to build the next generation financial ecosystem to improve the world of unbanked and the underserved.

Some of his major achievements include:
– Nurturing a next-generation cyber security fintech firm, Uniken Inc., to make digital transactions significantly safer and simpler for banks, financial services, and payment providers.
– Growing Touchbase Communications, from a UK based provider to a dominant global player in systems integration and advisory space serving mid-sized and Fortune 500 clients.
– Building multi-million revenues for Tata-Avaya venture in India to gain significant market share serving domestic and MNC clients.

Jayadeep thrives in building strong relationships, negotiating win-win outcomes, providing a strategic outlook, yet staying grounded for ensuring effective execution. He will be involved in shaping the global adoption of LALA’s offerings to scale LALA World business.

Read more: https://blog.lalaworld.io/lala-lends-is-ready-to-empower-the-lives-of-millions/

On this occasion, Jayadeep said “It is rare to find a group so passionate to the cause of improving human lives. Being a migrant myself, I could relate to Sankalp’s vision for the need to create a thriving global ecosystem. Leveraging latest technologies and led with trust and empathy, I am delighted to be part of this initiative. Look forward contributing to LALA World’s growth.”

The growth and development of people is the highest calling of leadership – Harvey S. Firestone

We believe that we are on the right track, as every day at LALA we make new strides towards our vision and come closer to becoming a global phenomenon.

To stay updated on the latest happenings & product news, join our Telegram community here https://t.me/LaLaWorld
We want to thank you for being the driving force in this tough, but a meaningful journey!

Victory on the trot – LALA gets listed as a Collateral Token on ETHLend

Dear LALA Family,

“Successful people begin where failures leave off. Never settle for ‘just getting the job done.’ Excel!” —Tom Hopkins

While we were still in the hangover of LALA World App launch celebrations, we got another exciting news that came as a big surprise. It gives us great delight to announce that LALA World is the proud winner of EthLend’s “Community Vote on Collateral Token” second round and hence, has been chosen and included as Collateral Token on ETHLend.

This means that an individual can avail a loan against value of the pledged LALA tokens via Crypto-to-crypto lending, providing  borrower and lender with various flexibilities and benefits.

It allows the lenders and borrowers from across the world to build peep-to-peer lending agreement in a secure and uncensored way, using Blockchain Technology and Smart Contracts. By placing a loan request on ETHLend, lenders from all over the globe can fund loan requests by providing competitive interest rate.

Getting listed as a collateral token on ETHLend is a great accomplishment for LALA World adding another utility. We want to thank all the community members who lend us their support and voted for LALA World. Your encouragement keeps us moving and means a lot to us.

“I know the price of success: dedication, hard work and an unremitting devotion to the things you want to see happen.” —Frank Lloyd Wright

To stay updated on the latest happenings & product news, join our Telegram community here https://t.me/LaLaWorld
Once again thank you for your continuous support, we promise to keep up with your expectation as always.

The Wait is Finally Over! LALA Listed on KUCOIN – A Top Global Exchange

LALA listed on KuCoin

“When Exchange?”

We have been hearing this question a lot from our community members. And after a lot of hard work and tons of effort, we’re extremely excited to finally announce The Big News – LALA listed on KuCoin.
KuCoin started its operations in August 2017 with ambitious growth goals. Today, it has more than 4,000,000 users.
KuCoin has 133 tokens listed, with 334 trading pairs. It has achieved this tremendous growth in just 6 short months.

“To be trusted is a greater compliment than being loved” – George Macdonald

According to CoinMarketCap, one of the most trusted websites for Exchanges data, KuCoin is already ranking in the top 20 Exchanges in terms of 24-hour trade volume. No wonder, considering its tremendous growth and popularity, some of the bloggers and critiques place it in the top 10 Cryptocurrency Exchanges of the world.

LALA listed on KuCoin, What does it mean for YOU?

• You can buy LALA Tokens more easily, quickly and securely.
• Enjoy the better customer care services of KuCoin.
• Buy LALA Tokens in exchange for a wide variety of cryptocurrencies.

LALA listed on KuCoin, What does it mean for LALA WORLD?

• Better Credibility, since the LALA Tokens can be now traded on the popular KuCoin exchange.
• Wider Visibility, the number of people would know about us.
• Trust of the Community, this is a testimonial that we deliver on our promises.

LALA listed on KuCoin

Click above image for KuCoin Exchange

Click here to Join the LALA Discussions on Kucoin Telegram!

It’s not a hidden fact that for LALA World, our community is EVERYTHING – we really mean it. We are all ears to your queries & concerns, and we are putting best of our efforts to address them swiftly & effectively. LALA Team can’t thank you enough for being patient, and for your faith in us that has kept us going through sleepless nights, travels and back-to-back meetings.
We are proud of not being another business-oriented firm, but an entity who is dedicated to the purpose of upliftment of the society.

….So, spread the word!

We are here, and we are here to stay. We won’t budge till we have accomplished what we have started. And we aren’t definitely stopping at KuCoin!

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

WHY LALA WORLD IS THE NEW CRUSADER OF PEOPLE’S FINANCIAL FREEDOM

financial freedom

The people of the world have always dreamed for greater financial freedom. Economists have selected different ways in order to influence the economic landscape of the world. The popular historical tools to claim a better living had been pen; the ballot box and sometimes the sword that guided the way to true financial freedom. But a relatively new technology called Blockchain has potential to outreach any of the technical implementations put into practice so far. It promises to serve mankind in eradicating the fundamental problems related to banking. This technology procreates an opportunity for economic growth.

“The Blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”      – Don & Alex Tapscott, authors Blockchain a Revolution.

Many Blockchain enterprises are illuminating the lives of people who are completely in dark about the kind of control they can have on their wealthy possessions. Financial independence of the people can become a reality with decentralized Blockchain ethos. LALA World is trying to build a financial ecosystem that can help over 2 billion unbanked and underserved families pursue financial freedom, financial happiness, and financial accessibility.

The achievement was also covered by DealStreetAsia: https://www.dealstreetasia.com/stories/singapore-blockchain-solutions-firm-lala-world-85317/

Acquiring financial freedom is an intricate task. With Blockchain technology, we can eradicate fraud, automate manual processes, and control issues of authentication & trust. Blockchain can enable humans to restructure legacy architectures of governance and law, reinvigorating lost factors of true democracy and meritocracy. Here is how LALA World helps individual gain financial freedom:

Global Financial Identity for Availing Financial Services across Borders ensures Financial Freedom:

Once the personal details along with the KYC is completed, it gets stored on LALA ID’s decentralized network. Banks give rounds of paperwork to be filled and submitted repetitively. It takes a lot of time and energy before one starts enjoying the privileges of the banks. Today, transactions involve many players. E.g. a 3D Secure authentication offered for Credit/Debit card payments involving the issuing bank acquiring bank, payment schemes, ACS (Access Control Server) or a clearinghouse. Blockchain applications could replace these centralized systems with decentralized ones, where verification comes from a consensus of multiple users.

An individual who has full access to all the stages of the transactions feels confident about having control over his/her money. LALA ID Credit score process is transparent and detailed with efficient rating model based on completion of KYC documentation. Anybody can open a LALA Wallet account. Whereas in commercial banking, the processes are not transparent and account owners are blindsided to the developments in a transactional cycle of his own money. Owners don’t have visibility on their own possession in banks. This immutable ID can be utilized anywhere in the world to avail financial services.

Read more about ithow lala world is going to solve the age old micro lending problems

Quick and Secure Global Transfers with Lesser Transaction Fees:

In commercial banking payments, settlement takes time as it depends on business day cycles. The crypto payments systems like LALA Transfer allow rapid and instant transfer of funds. Remittance is a pain today. Traditional banks have strict regulations, high fees, high exchange rates etc. On Blockchain platform, the cross-border transactions attract lesser transaction fees as it eliminates intermediaries. Local and global remittance costs very less with the cross-border remittance service by LALA World.

We all have read headlines about the data breach in banks, PNB Havoc and other stories that make us insecure. Currently, enterprises are prone to massive risk by storing their information in a central location. Centralized systems, by nature, are often subject to bias and unfairness. Let’s be honest, today, none of the individuals are satisfied with the way government bodies are managing their personal details and securing nation’s wealth. Decentralized networks, however, distribute and mitigate the risk, such that no single party can make alterations to the single source of truth without the permission from the other parties. LALA World ensures secure peer to peer transaction:

Read more about it: digital economy impact blockchain

“A big part of financial freedom is having your heart & mind. Free from worry about the Whats-Ifs of life.”     -Suze Orman

 

Innovation in Blockchain technology is endless. It has already produced immense noise at the economic forums of the world by making few people rich at a very short span of time. LALA World has definite plans to encourage financial independence in developing countries so that they can evolve together with the entire world. It is bringing a whole new global financial ecosystem which can lead to true financial freedom for the migrants & unbanked.

The LALA Story – Sankalp Shangari invited to share his journey at BLOCKSOCIAL in Singapore on May 18th

Blocksocial in Singapore

An Idea is nothing, if not thoroughly discussed, well-planned and timely executed. Blockchain community is fortunate to have a platform like BlockSocial, where likeminded entrepreneurs come together to share ideas that can possibly help in the upliftment of the society. After organizing two consecutive fruitful events in Canada and Dubai this year, the Blockchain enthusiast’s platform, BlockSocial is hosting the third summit to explore groundbreaking ideas in the realm of social entrepreneurship. BlockSocial in Singapore, would be the host to 100+ passionate entrepreneurs on 18th May 2018, who feel strongly about contributing in the development of the society.

“For good ideas and true innovation, you need human interaction,conflict, argument, debate.”                                                   – Margaret Heffernan

LALA World CEO & Founder, Sankalp Shangari would be delivering another spectacular inaugural address during BlockSocial in Singapore,  followed by one of the Top 10 Global ICO Advisors, Amarpreet Singh – TokenAsia, Rune Evensen – Founder/Visionary Officer at Coss.io & CEO of Exulto Consulting Pvt. Ltd, Bhuwan Arora – CEO and Founder of RTS Network, Nicholas Dimitriou – Associate at John’s Day. These industry veterans will discuss what else can be done for the society through the implementation of Blockchain.

Its a Full house… Book your SEAT here!

We feel humbled and excited with every opportunity that LALA World is bestowed upon to address the communities across geographies. look forward to welcome all the attendees at the BlockSocial in Singapore and hope that after the event, each of them will go back with a little more knowledge, some great ideas and lots of new relationships.  LALAWorld & BlockSocial together have a vision for social impact via Blockchain based technological solutions. That’s why it offers exclusive but free of cost invites to every event it organizes, as it intends to brace the idea of decentralization.
To stay updated on the latest happenings & product news, join our Telegram community here.
Thank you for your continued support!

HOW LALA WORLD IS GOING TO RE-DEFINE WAYS OF THE ALTERNATIVE BANKING

Alternative banking

The traditional banking system has undergone vast development in the last few decades. From being remote organizations to becoming connected via technology, the financial institutions have experienced multiple changes. Despite all the digitalization and gradual reduction of formalities, banks are still far from developing accessibility and secured facilities. This has resulted in the need for an alternative banking system.

The banks have been trying hard to facilitate customers with the ease of banking anywhere, anytime. Creating a financial alternative to traditional banking was possible with the development of the Internet. But, it wasn’t until 2004 that a peer to peer lending system was developed.

LALA World has come up with multiple solutions that would prove to be alternatives to the existing services offered by traditional banks. It intends to provide payments services, peer to peer lending, micro-finance & remittance services, to name a few. The services are based on the creation of an immutable digital identity and seek to digitalize paperwork.

With the introduction of Blockchain, the possibility of having a better replacement of traditional banking system became feasible. Such is the impact of Blockchain that the traditional banks are trying to adopt it. A World Economic Forum report suggests that more than 15% banks across the world would adapt to Blockchain by 2018. This testifies its impact on this sector and the apprehensions of conventional players who are afraid to lose out to the alternative banking players.

“In the simplest sense, the key to the performance of any traditional commercial bank … is the profitability of the loans it makes.”

Robert Wilmers, chairman and CEO of M&T Bank

Read More: https://blog.lalaworld.io/how-lala-world-is-connecting-poor-families-through-its-global-financial-ecosystem/

LALA Id, for example, is a feature of LALA World’s global financial ecosystem that creates a unique digital identity for the users; the Id can be used to avail different financial services. LALA Wallet which is the primary product of LALA world is supported by LALA Id. LALA Wallet offers services such as bill payments, lending, and remittance.

We have been featured in Blockonomi – a fast growing blog on the Blockchain Technology, in its Nov 2017 edition: https://blockonomi.com/lala-world/

The ultimate objective of the LALA World is the financial inclusion of the underbanked. Our services would save them from high transaction costs and delays in transfers. The availability of quick loans in lieu of liquid assets is another added advantage of the financial ecosystem LALA World is building. People are shifting towards these alternative banking solutions as they are based on advanced technologies like Blockchain and offer better customer services.

The following features of Blockchain-based alternative banking are clear indicators of its huge success in the future:

  1. Faster transactions: Since Blockchain helps in transfers of funds through mere ledger entries, alternative banking based on this technology is much faster in comparison to the traditional banking. This technology allows inter-state fund transfer verification within minutes in contrast to the conventional banking process which takes 1-3 days.
  2. Improved security: The security of the transactions recorded on the shared ledger is ensured in the following ways:

First, since the transactions happen at a very fast pace, there is very less time for anyone to fiddle with the same and divert the money to some other account.

Secondly, the entries in the ledger, once verified, become part of a linked and irrefutable chronological history.

  1. Improved Data Quality: In traditional banking systems, it is very difficult to regulate who’s making what changes as everyone has the access to the information and can make changes without any intimation to other people in the system, unlike alternative banking. There is an entire industry devoted to data management for financial institutions, still, challenges persist. This is where Blockchain – based alternative banking comes in.

Present day Blockchain Technology is capable of keeping multiple copies of data that can be accessed and changed only as per a set of existing rules. The true value of the shared ledger technology is the fact that it is a single source of truth.

Blockchain is exactly the kind of technology that will enable LALA World to help migrants across the globe. We are extremely confident that we would be able to make a difference in the lives of the people worldwide.