LALAWORLD_ A solution to overcome all banking problems in the future
1. Correct decentralization and immunity:
Most people on this planet do not have the ability to have a large computer, server, or advanced machine to operate a node in the system, but have multiple smartphones. With decentralized projects and the beginning of Atomic Swaps, this can really create a decentralized world in the years to come and decades.
2. Scalability and efficiency on-Chain:
Both go hand in hand. Scalability needs to have throughput of millions of transactions per second, on-chain. And efficiency should be increased by a factor of 80 to 90 to be considered intrusive while safely run by the design. Many solutions are proposed which will further help our goals.
3. Privacy, open and unlimited access: People work for their money and must have full, uncensored and unlimited access to their own money. Banks, capital markets and centralized control continue to press unbanked. LALA created the ecosystem to truly revolutionize the way peer to peer markets work for this population.
LalaWorld is ECOSYSTEM enabled as PLATFORM, which is a single-session platform returned by Wallet to problems and issues. Employment issues, digital identities, communities, government partnerships and NGOs, health issues and, of course, new financial ecosystems for populations under large budgets, move the Blockchain revolution to cover the gap between cash, digital and cryptography.
LALA World ("LALA") is a healthy ecosystem for underbanked, starting with migrants and their families. The ecosystem includes not only financial inclusion, but also unifying grassroots communities, solving real-life problems facing this population, and using the most advanced technology to combine them.
The key to LALA's success is its experienced team and global network and partnership. At the end of this we believe that this is about execution. It is our blessing that we all gather for LALA, with related projects, monumental partnerships, a great technology team behind and relevant experience that provides support at the ground level.
PRODUCT LALAWORLD
LALA is an ecosystem consisting of 5 main products:
1.Lala wallet.
LALA Wallet is your only access to all financial services in the LALA World ecosystem. You have lots of top up and cash out options, save fiat or multiple cryptocurrencies, with a number of financial services like money transfers, loans, bill payments, cards and other normal banking products at your fingertips. Wallet LALA also allows you to share your micro projects globally, allowing you to raise issues that oppress people who are not reputable and build your own community, thereby creating a true Ecosystem that benefits everyone.
When you download for the first time, one of the safest multi-currency purses is created automatically, where users can fund with fiat or cryptocurrencies. We also work with banks and payment processors across geographies to improve global acceptance. The core of this Wallet platform is LALA Tokens which enables unlimited transfers and payments for various transactions and services. LALA Wallet also includes APIs for third-party developers so they can interact with Wallet, access balances, send transactions, invoices, and create other third-party apps at the top. This will further improve LALA Wallet's capabilities and usage. Third Party API business models will create more partners who can distribute LALA Services globally to strengthen this network. Users can easily change various Blockchain assets like LALA, BTC, ET and DASH using only their LALA Wallet which has an inbuilt exchange mechanism. If users do not understand crypto, they can also choose to save the local Fiat currency and not use crypto at all, giving users maximum freedom and actually bridging the old world with new ones. The more you use your LALA Wallet, the more you are rewarded economically, not only with cheaper deals, but also through LALA Tokens for activities such as sending new remittances, increasing user balances, or cashing in other users' balances elsewhere, simultaneously with the number of other LALA referral products and services as described below. If users do not understand crypto, they can also choose to save the local Fiat currency and not use crypto at all, giving users maximum freedom and actually bridging the old world with new ones. The more you use your LALA Wallet, the more you are rewarded economically, not only with cheaper deals, but also through LALA Tokens for activities such as sending new remittances, increasing user balances, or cashing in other users' balances elsewhere, simultaneously with the number of other LALA referral products and services as described below. If users do not understand crypto, they can also choose to save the local Fiat currency and not use crypto at all, giving users maximum freedom and actually bridging the old world with new ones. The more you use your LALA Wallet, the more you are rewarded economically, not only with cheaper deals, but also through LALA Tokens for activities such as sending new remittances, increasing user balances, or cashing in other users' balances elsewhere, simultaneously with the number of other LALA referral products and services as described below.
2. ID LALA - One Global ID, in Blockchain and under your control.
Your Premise Wallet LALA begins by creating a digital identity that you can carry globally - LALA ID. The team at LALA has a vision - to deliver digital identity to everyone on the planet, starting with migrants and their unfounded families. We also believe that if we have to create a truly global ecosystem, then we need a basic identification system that is far superior to the existing ID system. It should be global, but secure, private and available on demand. These populated populations are often excluded from basic rights such as property ownership, banking accounts and social protection simply because they do not have the right identity documents. The proof of identity is where it all begins. LALA World and its partners have worked tirelessly to build a global identity system that includes KYC / AML, biometrics, verification, digitizing notes, cards, national ID systems, etc. This protects your security on blockchain and gives you the freedom to perform various financial services, all in one single Wallet. In particular, your LALA ID single will be able to consolidate all physical and digital identities into a secure, private identity, pointing to a secure, trusted dataset of individuals, enabling easy individual interaction in the physical and digital world across multiple vertical applications. and praise the existing identity solutions. Finally, LALA ID and its relationship with partners globally become your single access point in various applications and physical locations. Prototype and MVP already exist and tested in various locations. national ID systems and others. It protects your security from blockchain and gives you the freedom to perform various financial services, all in one single Wallet.
3.Tranfer LALA.
Your Premise Wallet LALA begins by creating a digital identity that you can carry globally - LALA ID. The team at LALA has a vision - to deliver digital identity to everyone on the planet, starting with migrants and their unfounded families. We also believe that if we have to create a truly global ecosystem, then we need a basic identification system that is far superior to the existing ID system. It should be global, but secure, private and available on demand. These populated populations are often excluded from basic rights such as property ownership, banking accounts and social protection simply because they do not have the right identity documents. The proof of identity is where it all begins. LALA World and its partners have worked tirelessly to build a global identity system that includes KYC / AML, biometrics, verification, digitizing notes, cards, national ID systems, etc. This protects your security on blockchain and gives you the freedom to perform various financial services, all in one single Wallet. In particular, your LALA ID single will be able to consolidate all physical and digital identities into a secure, private identity, pointing to a secure, trusted dataset of individuals, enabling easy individual interaction in the physical and digital world across multiple vertical applications. and praise the existing identity solutions. Finally, LALA ID and its relationship with partners globally become your single access point in various applications and physical locations. Prototype and MVP already exist and tested in various locations. national ID systems and others. It protects your security from blockchain and gives you the freedom to perform various financial services, all in one single Wallet.
LENDA LENDS Peer to peer and micro-lending have risen sharply in the past five years. But if we look around, especially developed countries and companies that have evolved into unicorns while the industry has pledged to eradicate poverty, offering loans with low barriers to those who have historically no financial pricing. The so-called "bottom-of-the-pyramid" solution has resulted in a strategy that many claim to be unemployed and thus make poverty worse. This is where the Ecosystem approach becomes very useful. The LALA team has extensive experience in reducing this. LALA World supports individuals and small and medium businesses by offering it.
4.The card is LALA
In LALA Wallet, users can choose to order LALA Card, virtual and / or physical debit (and credit card time to come). As a security measure, we allow users to lock and unlock it via the LALA Wallet App. Furthermore, the user can also set restrictions for his family members and sync all the cards to the same Wallet. This makes our system more secure than traditional credit and debit card systems. Blockchain and LALA Tokens become very central to this because users can sync multiple cards to the same LALA Wallet, which can then be used as Fiat and Crypto exchange medium without incurring high fees for such transfers anytime. Furthermore, we will also come with a loyalty mechanism associated with the LALA Card, so the more you use your wallet, the more you are rewarded as the holder of LALA Token.
Not only is the cost, much cheaper than the traditional Wallet, but also the payoff is huge, which causes almost no cost when used globally. Subscribers will be allowed to fill their LALA Card with ETH / BTC / LALA Tokens, bank transfer, credit card, debit card or via pre-approved credit line. Other third party partners such as Apple Pay, Samsung Pay and Android Pay will be integrated in the future.
5.LALA KIT
LALA Kit is for everyone. Small businesses, grocery stores, not taken care of or migrant workers. Purchase LALA Kit from the nearest store or partner location and get into the financial system instantly. No bank integration, no form filling, no long queues, activate your ID and sync with the phone inside, start using, get paid, receive money. LALA kits can also be ordered online and delivered directly to you at a very affordable cost. As a migrant worker, for example, can even get LALA Kit before he boarded a plane from Bangladesh to Malaysia.
ROADMAP
To achieve this, our basic technology must be very strong and we have learned various Blockchain platforms such as Ethereum, Hyperledger and Bitshares. To make LALA World scalable, we look at various off-chain solutions such as raiden, Ethereum's Lightning Network and Plasma, still in the nascent stage and still testing.
We have been testing and using Bitshares in the past. This is a great technology that is pegged to 180+ countries again through USD, but Graphene and Graphene are hard to stabilize and continue to freeze. For some other reason we remain clear for now.
FOR FURTHER INFO:
- Website: https://lalaworld.io/
- Facebook: https://www.facebook.com/MyLaLaWorld
- Twitter: https://twitter.com/MyLaLaWorld
- Telegram: https://t.me/LaLaWorld
- Reddit: https://www.reddit.com/user/MyLaLaWorld/
- Linkedin: https://www.linkedin.com/in/MyLaLaWorld/
- Slack: http://bit.ly/2yiWRE4
- ANN Bitcointalk: https://bitcointalk.org/index.php?topic=2296769
My profile: https://bitcointalk.org/index.php?action=profile;u=979957
Address ETH : 0x32412715249f0c79b4fb958c6E32D871EaC778D2
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