Well, to give you a very basic idea before we dive into the details, we at LALA WORLD PTE Ltd., have an objective,a vision and that is to integrate cryptocurrencies into the everyday lives of people, making them easy to buy, hold, spend or sell, making this operation cheaper, safer and decentralized. We are here to enable and empower the unbanked and the underserved.
Yes, cryptocurrencies the buzzword these days have attracted a humongous amount of attention in recent times. While the debates regarding their regulations rage on, one thing is for sure- the future of currencies is digital and the “Blockchain Technology” is here to stay!
LALA World (“LALA”) introduces a new financial infrastructure for the underbanked population (and mind you, that population is quiet huge out there) by capitalizing the Blockchain revolution to bridge the gap between cash, digital and the crypto world. LALA, is the new age one stop Wallet based on Ethereum Blockchain, allowing investors to capitalize on the rise of Blockchain, as well as the underbanked into the financial ecosystem. The company was founded in April 2016, in Singapore. By September 2016, our India office was up and running. The year 2017 has seen us expanding to Dubai and Malaysia, and entering into partnerships in Middle East and Africa. The next couple of years will see us taking our footprint into countries like Australia, Canada, UK, Hong Kong, etc. In fact, we are talking about entering the remaining continents on this planet! And of course, before all that, the Initial Coin Offering (ICO) will be upon you! It is coming soon, very soon!
You would definitely want to know how we want to achieve our objective, right? Well, there are a lot of things that we would be discussing about in the upcoming blogs. LALA aims to revolutionize the way individuals, small businesses and micro entrepreneurs transact, make domestic and cross border payments, borrow money and associated products like insurances, cards, wealth and other general banking products by creating a whole new peer to peer infrastructure. Premise of your LALA Wallet starts by creating a single digital identity that you can carry globally – LALA ID, protecting your security on Blockchain and giving you freedom to conduct various financial services, all in one single Wallet. And the wallet is just one of the immediate products that we are offering along with LALA Transfer, LALA Bill Pay followed by other LALA products like LALA Lends, LALA Card, LALA Insurance, LALA Wealth, LALA Kit, etc. that will be available to our customers as we grow. More about them, later!
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