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LaLa World

LALA World App: THE SOUL AND THE VOICE

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 – Livemint.com/technology). 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

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!

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.

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.