Lala World ECOSYSTEM

LALA World (“LALA”) is a wholesome ecosystem for the unbanked, starting with the migrants and their families back home. The ecosystem not only revolves around financial inclusion, but also bringing together communities at grassroots level, solving real life issues faced by this population and using the most advanced technology to bring everyone together.


The base of this Ecosystem is the LALA Wallet platform. By creating a whole new peer to
peer infrastructure, 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.
The key to LALA’s success is in its experienced team and their global network and
partnerships. We believe it is all about execution in the end. With relevant experience
running such projects, monumental partnerships already in place, great technology
team behind us and ground level support, we believe we are blessed to have all come
together for LALA.

The base of this Ecosystem is the LALA Wallet platform. By creating a whole new peer to peer infrastructure, 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.

The key to LALA’s success is in its experienced team and their global network and partnerships. We believe it is all about execution in the end. With relevant experience running such projects, monumental partnerships already in place, great technology team behind us and ground level support, we believe we are blessed to have all come together for LALA.

To accomplish this herculean task, we need partners. We are aware of our migrant and network strength, but also at the same time, aware of our weaknesses. We cannot build everything alone. Therefore, LALA has struck various partnerships across Asia, Africa, Middle East and CIS. That means real customers, real people and use cases. A fiat prototype is being tested across users in Malaysia and India. This will provide us with valuable feedback and make the system more robust. An Ethereum and Hyperledger based domestic and cross border financial system (LALA Transfer) Proof of Concept (PoC) as well as a peer to peer lending platform (LALA Lends) is being developed by our highly qualified blockchain developers. That should be complete just before LALA Tokens hit the exchanges.  

“We’re going to focus on accelerating investments in human capital, in health, education,
social protection, so that Africa can prepare itself for the next phase in economic
development,” – Jim Yong Kim, President World Bank

We believe that the economy works best when it works for everyone, this new platform is an engine of inclusion.



DEVELOPMENT ROADMAP

We have a clear path to our vision and we have prepared a development roadmap for our technology. Our team prefers a staged approach which means that each stage will have its deliverables: 

Stage 1. We are launching a basic version of LALA Wallet in Malaysia and India by first week of November. An initial POC with two products will be released by November as well, just in time for this Pre-ICO. The System will be working on Ethereum Testnet blockchain with real user data. This will help us prepare smart contracts and get feedback from the community, real users and make sure that this solution is viable. 

Stage 2. LALA Alpha platform will be deployed on Ethereum Mainnet blockchain. Client onboarding via LALA ID, feedback gathering and improvement. Preparation for beta. This should happen by January 2018 in India, Malaysia, Bangladesh, Vietnam, Turkey & UAE. 

Stage 3. A full working product will be ready by February 2018 with a fully functioning backend server with telematics integrations for real customer data gathering and prediction. This will include a Fiat Wallet, Cross border remittance and P2P lending to begin with. 

Stage 4. LALA Beta. Fully functioning platform with key features in place to be released by March 2018 and open to selected group of geographies and customers. We are looking at over 10 Countries right now as depicted on the partnership page. 

Stage 5. LALA 1.0. Opening system for public usage and enabling massive adoption across geographies will happen by April 2018 

Stage 6. Further development to increase amount of transactions usability and throughput of the platform.








Official Website: https://lalaworld.io/
Name Bitcointalk : iqbalnr
Link Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1125697
My ETH Wallet : 0x4A8B8deA3435A38Cd0bf6fe16b8d39C287Ad8497



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