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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:

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
We want to thank you for being the driving force in this tough, but a meaningful journey!

LALA Lends is Ready to Empower the Lives of Millions

LALA World is extremely enchanted about Lending its first loan via its lending arm, LALA Lends. With this initiative, LALA has come closer to its ultimate objective to serve the unbanked and underserved population, as we can now provide loan services in India through Rising Straits Finance Pvt. Ltd. a non-banking financial company (NBFC). We have successfully signed an agreement to acquire and the application for the change of Board is with the governing authority – Reserve Bank of India.

We plan to offer loans in two segments in the first phase:

1. Micro and Nano Credit (MANC): for individuals.
2. MSME Loans: for Micro Entrepreneurship

India’s more than half of the population is under the age of 35, and there is a need to encourage this age group towards entrepreneurship and becoming job creators instead of job seekers. As a result, there would be an increase in the employment generation. The prime limitation to this is lack of capital as the banking institutions have a rigid requirement framework which comes in the way of lending and offering small loan amounts proves to be costly for them.

LALA LENDS endeavor is to resolve such issues. It can now support the small businesses and entrepreneurs financially, i.e. LALA World can provide loans to individuals, budding entrepreneurs & SME’s for livelihood assistance.

In India, there are 600+ functional NBFCs, however, what makes LALA LENDS more efficient and developed than others is its upcoming advance solution that records KYC information digitally in the complex and secure coding of Blockchain which is impossible to tamper. Along with state of the art loan origination, credit underwriting (LALA Score) and disbursement technology, LALA creates efficiencies and cost reduction. These are passed on to its needy borrowers yet maintaining margins.

“Lack of credit murders numerous bankable ideas. Through LALA Lends, we aim to foster the entrepreneurial streak of the millennials.” -Sankalp Shangari

LALA World has established an exceptional proprietary credit-scoring algorithm called “LALA Score” that helps evaluate credit risk efficiently and allows us to lend to segments hitherto ignored by banks and large institutions. LALA world is also aggressively working to partner with other digital platforms, P2P platforms, and other NBFCs to provide these services and help make the entire eco-system more efficient. Soon we shall share more good news as we ramp up India operations while expanding across South East Asia.

This is a remarkable accomplishment for LALA World that has brought us closer to our vision, i.e. building a Global Digital Decentralized Financial Ecosystem to support the financial inclusion of the unbanked and underserved.

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

LALA Team expresses its gratitude to the community for its support and being part of this  journey since the begining, Thank you.

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
Once again thank you for your continuous support, we promise to keep up with your expectation as always.


Hi, I am the spirit of phone.

I have seen mobile phone evolved through the times. But the most interesting turn took place in man’s life was when normal featured phone turned into Smart Phone. It had become a game changer for man as now things were getting simpler and exciting.

I want to share my experience with you.

Phone, no doubt has increased the connectivity between people but I always felt there was something missing. Calling and texting were satisfying but it was not enough to make my owner go crazy about me. Though I hold some importance as he has kept all his secrets inside me, I was the most personal thing for him. I wished good for my other companion too, the wallet. The wallet was devastated by negligence and ignorance of owner. It was loaded with so much cash and plastic credit/debit cards.

Being a phone I was cherished and loved by all, with my new style and advancements every gadget used to get jealous. But I had no idea how my identity will take a new turn. I shall become an exclusive Smartphone, with all these applications making man’s life easier and exciting at the same time.

Especially, with banking and financial applications offering more comfort by monitoring expenses at any time from any place. But I felt empowered and excited when LALA World App found a place in my body.

I heard from Mr. Chrome that it has been launched by Asian Blockchain-based social business LALA World. It is offering payment services in India via Android mobile devices. The app will allow the user a single point of access to all the financial services as they get available in the LALA World ecosystem.

With LALA World App, users can create their LALA ID using their email address and mobile number. This App will serve as a basis for their digital identity too.

I observed this App and found that it gives a user a secured identity, full uncensored and unrestricted access.

Now, it is one of my favorite things on my Smartphone. I would like to tell you about services provided by LALA World App:

  •    Top-up pre-paid, DTH, and Data Card
  •    Recharge online of 29 service providers [Mobile Top-ups, DTH, Data Cards]
  •    Bill payments for more than 25 different utility service providers (Telephone, postpaid mobile, gas, broadband, and electricity)

The good part is that LALA World intends to add other services such as international remittance, loans, and credit scoring over the coming months.

Why Don’t you Hear it Straight from the LALA World APP

Hi, I am the LALA World APP.

Let me tell you some of the benefits you would get by making me a companion.

Lower Costs: LALA World App removes the need for intermediaries, in a variety of forms. Applications like LALA World can replace expensive POS (point of sale) systems that will reduce transaction costs for the business.

Competitive Advantage: LALA World application provides a more convenient transaction processing method for customers. It redefines the user experience of paying and incorporates a novelty aspect to each service.

Modern: This Application can benefit people from any income class. It opens up an entirely new aspect to payment methods for a large population with its efficient payment gateway supporting 24*7.

Convenience: Users are able to pay bills and do recharges in a few clicks. Furthermore, with faster transactions, payments can be made with credit cards, debit cards, and net banking via the app without having to travel to physical bank branches or ATMs.

I have been designed by LALA World, which is an established and fast growing Asian technology company using Blockchain to create a connected financial ecosystem for the unbanked, migrant workers and refugees – people with limited access to financial services. Its vision is to reach 100 million people by 2020 and bring financial services to the disadvantaged around the world. LALA World App is just the beginning of LALA World foundation journey……

How LALA World can Help Shape a Cashless Economy

The idea of a cashless economy has been doing rounds for quite some time now. The first step towards a cashless economy was the development of plastic money (Debit and Credit cards). With the advent of the internet, digital payments started gaining popularity. Card swipes, fund transfer from accounts, payment through UPI enabled systems, and the latest, crypto payments are some of the popular mechanisms of digital payments.
LALA World has a payments arm aimed at encouraging a cashless financial ecosystem. Known as LALA Bill Pay, it is a next-generation digital utility service designed to help with the payment of Utility Bills, Recharges, Business to Business Lending, Prepaid cards and Payments Acceptance by the Merchants. LALA Bill Pay will start its operations from India and gradually expand to other countries. It is collaborating with other payments service providers, NBFCs as well as telecom giants to ensure hindrance free services.

Read more: LALA LENDS – Product and Token Economics.

The cashless financial ecosystem is the need of the hour for developing economies. Going cashless not only eases the life of the users but also helps to authenticate and formalize the transactions. This facilitates in curbing corruption and the flow of black money that eventually results in economic growth. The expenditure incurred in printing and transportation of currency notes is practically eliminated.

Sweden is a classic example of a functioning cashless economy. In Sweden, cash accounts for less than 1.2 percent of the country’s GDP. Many businesses in the country do not indulge in the cash transactions. Even the Swedish banks do not prefer to deal in cash.

Can Blockchain be of any assistance in creating a cashless economy? Blockchain has rightly been called the operating system for business transactions by many critiques. Technically, it is a distributed, append-only, time-stamped, secured, immutable, and when required, a transparent database. Just like the internet (or the intranet), Blockchain can be private or public.

A public Blockchain allows open scrutiny of transactions and thus fosters transparency. Private Blockchain, on the other hand, restricts access to a selected few, who have the requisite permissions. It enhances the security required in high-value transactions. The most significant benefit of Blockchain is the elimination of the intermediaries; the transactions can be completed without the involvement of a third party as well as a detailed audit trail can be created.

With Blockchain, it can be precisely determined what happened, when it took place and who was involved. Removal of intermediaries ensures that no manipulation of records is possible, thus saving the additional fees required to take verification/validation services. When put to use by government and its agencies, Blockchain can have a huge impact. It could change the way the whole judiciary works.

Read more: How LALA WORLD is Going to Re-define Ways of the Alternative Banking.

Blockchain and Government Contracts/Tenders
Blockchain can bring transparency in Government’s tenders by making them cashless. It is evident that intermediaries in the system act towards the withdrawal of unaccounted portion of funds at the time of allotment of the tenders. This results in loss of taxpayer’s hard-earned money. With Blockchain, this can be brought to an end, as every transaction is recorded and made transparent.

Blockchain would facilitate public access to all the tender allotment, transactions processed by the Government, businesses, contractors, public and everyone else who is involved in such transactions. The cost incurred and fund allocated at each level can be easily audited and accounted for. To ensure transparency every action can be recorded on the ledger and this ledger can be made public for scrutiny.

Government Payments and Cashless Mechanisms

With Blockchain in place, any payments made to and from the Government must be made cashless. As these transactions would be recorded on a Blockchain, it will eradicate unfair practices in the Government offices. It will undoubtedly help curb corruption. With the implementation of this technology, official contractors would not be able to underpay or overpay a labor.

Regulatory Banks and Blockchain

The cashless scheme would gain impetus if the central banks of the developing nations adopt Blockchain. Central banks are the regulatory guardians of the economy, and with a state-owned Blockchain system, the loss of revenue to intermediaries would be saved. A state-issued cryptocurrency could do away with the fees of banking services that make them expensive for low-income earners.

Blockchain and Alternative Banking Systems

Alternative banking mechanisms that allow a plethora of services would benefit a lot by adopting Blockchain as it would help in maintaining an indelible record system. LALA World is using Blockchain to empower its KYC platform. Any new user has to get a LALA ID to be benefitted with the services of LALA World. The information related to LALA ID is stored on the Blockchain and once created it acts as a permanent identification document globally. Further, without the permission of the id holder, the details cannot be shared with anyone. LALA ID is the heart of LALA Worlds other financial products such as LALA WALLET and LALA LENDS. With the bouquet of financial offerings, LALA World will certainly play a significant role in shaping a cashless economy.

Know what Disruptor Daily has to say about us: Disruption by Blockchain Part 52: Sankalp Shangari – LALA World

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

With a lot of technologies emerging today, it is difficult to differentiate between hype and reality. Acknowledging this scenario, we researched a lot about Blockchain and felt that this revolutionary technology can actually re-define established businesses and take them to skyrocketing heights.  Now, following something just because it’s trending can never be an answer for the long run and LALA World trusts Blockchain for a reason, i.e. to build a world-class solution for the unbanked and migrant population.

Read more on our last blog:  LALA World to Utilize Blockchain for Addressing Social Issues

Every human on earth has sometimes or the other has imagined a robot extending help in household activities – a smart companion who knows about what and when you want. We can easily say that general public is intrigued by Artificial Intelligence and its no brainer that why the investors across the globe have already poured in $15.2 billion in AI start-ups across industries in 2017 alone (Source – The commoditization of AI has begun.

Read about our partnership announcement with Stellar: LALA & Stellar protocol Integration Process Completes

As we know now that Blockchain is a network of distributed databases in which data gets recorded securely and immutably. It is best used in a distributed system where nodes are not necessarily trustworthy and need to store a lot of data securely. The businesses put large amounts of money to meet the standard expectations in terms of data security and Blockchain has a massive potential in terms of security as hacking can be ruled out because of encryption, keeping documents safe from the infiltrators.

Blockchain can Record and Track Decisions Made by AI

Decisions made by AI can be tricky to understand. It is capable of assessing a large number of variables independent of each other and studying the patterns, generating favorable results after analysis.

As an example, it is expected that AI algorithms can increase the efficiency of decision making in a financial transaction. When doubt arises about fraudulent transaction it blocks or marks it for the investigation.

Down the line, auditing the decisions would become a complex task as it would be required to process large data-sets. Therefore it will become difficult for humans to achieve a high level of accuracy. For Eg: Walmart is currently feeding all the transactional data from all stores into AI systems to make decisions on segregation of products.

Read about our vision: LALA ID for the next 2 billion & Tokenomics behind that

If decisions are recorded, on a data point by data point basis on Blockchain, the user can gain confidence on the authenticity of the record as no tampering can occur between the time when the information was recorded and the beginning of audit process. Recording the decision-making process on Blockchain could increase transparency and level up the insight into AI programs that will be needed in order to gain public trust.

AI is Capable of Managing Blockchain more Efficiently than Humans

Computers are considered very fast but without explicit instructions, they cannot perform the tasks. Due to the encrypted nature, operating with Blockchain data on computers requires huge processing power. For example, the approach of “Brute Force” is adopted in BITCOIN BLOCKCHAIN to effectively try every combination of characters until they find one to fit for the verification of the transaction.

AI is an attempt to move away from these kinds of approaches, and manage tasks in a more intelligent manner. A machine with such a powerful algorithm can be sharpened into a highly skilled expert instantly.

Blockchain and AI are two technologies which can produce ground-breaking results when put together. Both technologies can serve mankind in remarkable ways and this is the reason LALA World wants to move along with emerging technologies to make the lives of the unbanked and migrant population convenient and more meaningful.


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


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.


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

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!

Plight of Disadvantaged Migrants and LALA World’s Journey to help them

How are the big economies of the world running? Is it the big building, new technologies, rich banks and the bankers? Maybe. But if you take a close look at the street side bakeries, constructions sites, and even the happy homes, you will find few tense faces working hard to keep up with their lives.

These are disadvantaged migrants who have been lured by the big offerings of these so-called city of dreams. Through this blog, I want to make a small effort to connect and understand the challenges faced by these disadvantaged migrants. Following content pieces have been inspired by real-life stories.

Yes, we are talking about the disadvantaged migrants who work as a  housekeepers, babysitters, constructions workers, office boys, gardeners, street cleaners who play a major role in keeping these economies up and running. Are these the native citizens of the State? No, they are definitely not!

A 40-Year Old Divorced Female Domestic Worker

Mary came to Singapore from the Philippines at the age of 25. She left her 18-monthsold son and a 5-years old daughter behind with her husband. Her husband’s salary was not good enough for the family to make a good living. Eventually, she decided to take the bold decision and step out of the comfort zone after taking a divorce from her husband.

Today, she is 40 years of old. In her 15 years of stay, Mary has witnessed many changes in the streets of Singapore. However, one of the major tasks remained the same. On weekends, she had to rush to the remittance centers located in the malls of Singapore.

Singapore malls remain crowded in the weekends because often the migrant workers who are allowed a day off in the week send money home.

An Out-of-Work Construction Worker

Due to slow down in the Real Estate business in India, 36 years old construction worker- Abdul had no work. After struggling for a couple of months, he decided to move to a Gulf country for employment. But Abdul would have never imagined that he was moving towards an even worse phase of his life. Just after on the second day of his work, the wall on which he was working on collapsed.

He got several injuries on the body. His shoulder got dislocated, spine got twisted, in summary, he was rendered useless by the accident. But the struggle has just started for the Abdul since paying for the expensive bills of the hospital was a nightmare. He was unable to take loans or the reimbursement of the medical expenses due to unreliable paperwork submitted by his employer. After two surgeries, Abdul is planning to go back home and start afresh.

A Student with a Scholarship and Dreams

Shasha always wanted to be a geneticist. She always topped in the class. Many of her classmates wondered how she managed to achieve this repeatedly even after her parents could not afford her tuitions. Coming from an average earning family of the Sub-Saharan Africa where many people don’t even have a proof of their own identities, Shasha always dreamed of making it big. But without proper funds to back her education, her dreams were bound to be shattered by the realities of the harsh world.

However, Shasha was fortunate enough to get an international scholarship. Soon the funds were transferred to her account. As expected, her account was with a regional bank, not offering great services, especially those which deals with the cross-border money transfer. And what happened next was inevitable. Even after getting admission in the top university, Shasha faced a lot of problems in paying the fees, not because she didn’t had funds, but due to the inability of her local bank to transfer funds directly to the university account. Yes, there are other cross-border remittance services available, but the whole process would take days, and if in case there is a holiday, even more.

Can Technology be Utilized to Help Disadvantaged Migrants?

The problems related to disadvantaged migrants are because of the absence of a Universal ID

– Each country has its own credit system, hence once a person travels from one country to another, his/her previous credit record becomes useless and he/she is not able to avail loans.

– Without proper documentation, even the basic medical services can’t be availed.

– An immigrant also needs to get his/her degrees verified by the university in the home country, which requires a considerable amount of effort and time.

A technology like Blockchain which deploys a network of distributed ledger can be utilized to form a universal database of people and all the information related to them, like medical history, educational qualification, transaction history and more. Since Blockchain records data immutably, this database would behave as a permanent alterable history of an individual, especially for the disadvantaged migrants like these. With the availability of such credible information, there would be no requirement for many of the verification and validation services, which would fast forward approvals and processing of many services.

But, is building such a universal database possible? It seems to be a distant dream when you imagine the organizations in different countries collaborating with each other. But sooner or later, everyone would realize that having a universal ID would prove to be beneficial for all and different governments hopefully would be able to see the bigger picture.