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Topic: [ANN] [ICO] LaLa World : An ecosystem for migrants and their families - page 196. (Read 66742 times)

newbie
Activity: 75
Merit: 0
This project must focus on security integrity. Though its unbank ecosystem, its really difficult to stay all funds in one wallet.
For sure they have or they're creating a strong security system that secures all the identity and financial transactions of the user, which they already include on their whitepaper.
i suggest when it comes for the security of wallet, what if fingerprint scanner? I think its very difficult to open your wallet without the owner of the wallet.
Not a bad idea, most of all the new phones now have finger print scanner. Thats one level of security that Lala might have. But will that mean that we can inky transact in one particular device?
full member
Activity: 462
Merit: 100
This project must focus on security integrity. Though its unbank ecosystem, its really difficult to stay all funds in one wallet.
For sure they have or they're creating a strong security system that secures all the identity and financial transactions of the user, which they already include on their whitepaper.
i suggest when it comes for the security of wallet, what if fingerprint scanner? I think its very difficult to open your wallet without the owner of the wallet.
Exactly. Those are the most important security features of the application. In addition to that, I suggest also that they must have a facial recognition for stronger security.
Finger scan is easy to tap you can access it by tapping the users finger on his device while sleeping, no other more secured than log in passcode and just make another passcode before continuing with transactions.
full member
Activity: 228
Merit: 100
This project must focus on security integrity. Though its unbank ecosystem, its really difficult to stay all funds in one wallet.
For sure they have or they're creating a strong security system that secures all the identity and financial transactions of the user, which they already include on their whitepaper.
i suggest when it comes for the security of wallet, what if fingerprint scanner? I think its very difficult to open your wallet without the owner of the wallet.
Exactly. Those are the most important security features of the application. In addition to that, I suggest also that they must have a facial recognition for stronger security.
full member
Activity: 391
Merit: 100
This project must focus on security integrity. Though its unbank ecosystem, its really difficult to stay all funds in one wallet.
For sure they have or they're creating a strong security system that secures all the identity and financial transactions of the user, which they already include on their whitepaper.
i suggest when it comes for the security of wallet, what if fingerprint scanner? I think its very difficult to open your wallet without the owner of the wallet.
jr. member
Activity: 252
Merit: 1
I missed the airdrop.
Will lala be te next bitcoin? 😉
full member
Activity: 228
Merit: 100
This project must focus on security integrity. Though its unbank ecosystem, its really difficult to stay all funds in one wallet.
For sure they have or they're creating a strong security system that secures all the identity and financial transactions of the user, which they already include on their whitepaper.
full member
Activity: 462
Merit: 100
This project must focus on security integrity. Though its unbank ecosystem, its really difficult to stay all funds in one wallet.
full member
Activity: 228
Merit: 100
As a Lala Waller user for example, may i know the benefits of having this kind of application ? What are are the advantages/disadvantages? Does this have a huge impact on the lives of the unbanked migrants ? Thanks
member
Activity: 238
Merit: 11
lala world is solving the historical problems of the unbanked using blockchain. lala world team is continuosly working day and night to bridge the gap between unbanked migrants and financial service through blockchain. i wish her succees.
member
Activity: 308
Merit: 11
Im just thinking how they will lend? or how the people will pay if they debt in lala
i think its like bank system they will not lend you if you dont have property that will same price that they lend to you
You mean like collateral system, I'm thinking also if how much that the Lala World can lend to us
if they base on each person's property if how much they can lend to them. In case I borrow a
lot of money for how long it will take before I can handle the money.
Is Lala have to conduct a background check or investigation to those people who will borrow money? What will be the basis of Lala to.approved an application in borrowing money?
I think all of those questions will only be answer by the admin or devs of Lala world. That issue is about technicalities of their product that is why I guess it is better to ask it on their telegram channel wherein they have an active admin who will answer you immediately.
It's not what you did, son, that angers me so. It's who you did it to. I do not agree with your views and opinions, let me ask you my friend. Are you thinking if what post they can posted here if we always throw them at Telegram. Please guys! I already told it to you before that "THINK BEFORE YOU HIT OTHERS". Don't be rude and just answer all the Question here with Love. God bless us and this project
jr. member
Activity: 238
Merit: 1
Im just thinking how they will lend? or how the people will pay if they debt in lala
i think its like bank system they will not lend you if you dont have property that will same price that they lend to you
You mean like collateral system, I'm thinking also if how much that the Lala World can lend to us
if they base on each person's property if how much they can lend to them. In case I borrow a
lot of money for how long it will take before I can handle the money.
Is Lala have to conduct a background check or investigation to those people who will borrow money? What will be the basis of Lala to.approved an application in borrowing money?
I think all of those questions will only be answer by the admin or devs of Lala world. That issue is about technicalities of their product that is why I guess it is better to ask it on their telegram channel wherein they have an active admin who will answer you immediately.
Maybe i should wait the answer from the developer or team about this issue because this need a clear answers and this is very important question.or queries that need a quick answer.
I hope that the Lala team will immediately notice those questions because it is very important for poor people.
And not just for the poor and for those who wish to live their lives better, and I was impressed that they could
reach even in isolated places and how they would do it.
jr. member
Activity: 196
Merit: 1
is it LaLa ID includes every user's fingerprint as a part of their security system?Correct me if i am wrong.
I think it is part of their security protocol. Because if a certain wallet can only be access by means of finger print of the owner then the files and property of the owner if fully secured.
we secure the lala ID if the finger print security is main password or security, they cant open it without the finger of owner, good decision to make this security

Good choice, finger print security is high quality of security for gadgets, applications and volts it will give assurance for all clients of lala World.
full member
Activity: 391
Merit: 100
is it LaLa ID includes every user's fingerprint as a part of their security system?Correct me if i am wrong.
I think it is part of their security protocol. Because if a certain wallet can only be access by means of finger print of the owner then the files and property of the owner if fully secured.
we secure the lala ID if the finger print security is main password or security, they cant open it without the finger of owner, good decision to make this security
hero member
Activity: 1414
Merit: 516
Hi dev. How much cost 1 token and what are minimum to buy on ICO? And on what exchanges you plan to get this listed?
full member
Activity: 406
Merit: 100
I'm just wondering, if Lala World can lend money from different people, what will be their assurance that all people who lend money will give back the money they borrow. Is there a collateral they will get for them to let the person borrow money?

I've read some inquiries and yet this question (I think) needs to be verified by the devs. Let's wait for their answers regarding this.

Lala World will surely implement a strict compliance before someone can borrow money, according to the white paper they will lend small business owners and entrepreneurs, just like any other lending companies we have to submit and give proof of our capability to pay what we are going to borrow. 
Since Lala is online, this is only mean that all application and requirements are process online. Then someone from the team of Lala is the one who will visit the borrower to check if all the details and requirements they provide is true. Correct me if my understanding is wrong.
You are saying that there is someone in Lala who is the only job is to make sure that the borrower is able to pass the compliance before they access it. Maybe they should put category of every users. Like for example in coins.ph, they have a certain kind of level which the amount can be transact will differ depend on what level you are.
Maybe. So it means they should have basis or requirements before the user reach higher level and those requirements are the proof that they are feasible to avail the lending program.
full member
Activity: 445
Merit: 100
I'm just wondering, if Lala World can lend money from different people, what will be their assurance that all people who lend money will give back the money they borrow. Is there a collateral they will get for them to let the person borrow money?

I've read some inquiries and yet this question (I think) needs to be verified by the devs. Let's wait for their answers regarding this.

Lala World will surely implement a strict compliance before someone can borrow money, according to the white paper they will lend small business owners and entrepreneurs, just like any other lending companies we have to submit and give proof of our capability to pay what we are going to borrow. 
Since Lala is online, this is only mean that all application and requirements are process online. Then someone from the team of Lala is the one who will visit the borrower to check if all the details and requirements they provide is true. Correct me if my understanding is wrong.
You are saying that there is someone in Lala who is the only job is to make sure that the borrower is able to pass the compliance before they access it. Maybe they should put category of every users. Like for example in coins.ph, they have a certain kind of level which the amount can be transact will differ depend on what level you are.
full member
Activity: 461
Merit: 100
is it LaLa ID includes every user's fingerprint as a part of their security system?Correct me if i am wrong.
I think it is part of their security protocol. Because if a certain wallet can only be access by means of finger print of the owner then the files and property of the owner if fully secured.
full member
Activity: 378
Merit: 100
I'm just wondering, if Lala World can lend money from different people, what will be their assurance that all people who lend money will give back the money they borrow. Is there a collateral they will get for them to let the person borrow money?

I've read some inquiries and yet this question (I think) needs to be verified by the devs. Let's wait for their answers regarding this.

Lala World will surely implement a strict compliance before someone can borrow money, according to the white paper they will lend small business owners and entrepreneurs, just like any other lending companies we have to submit and give proof of our capability to pay what we are going to borrow. 
Since Lala is online, this is only mean that all application and requirements are process online. Then someone from the team of Lala is the one who will visit the borrower to check if all the details and requirements they provide is true. Correct me if my understanding is wrong.
full member
Activity: 420
Merit: 100
Im just thinking how they will lend? or how the people will pay if they debt in lala
i think its like bank system they will not lend you if you dont have property that will same price that they lend to you
You mean like collateral system, I'm thinking also if how much that the Lala World can lend to us
if they base on each person's property if how much they can lend to them. In case I borrow a
lot of money for how long it will take before I can handle the money.
Is Lala have to conduct a background check or investigation to those people who will borrow money? What will be the basis of Lala to.approved an application in borrowing money?
I think all of those questions will only be answer by the admin or devs of Lala world. That issue is about technicalities of their product that is why I guess it is better to ask it on their telegram channel wherein they have an active admin who will answer you immediately.
Maybe i should wait the answer from the developer or team about this issue because this need a clear answers and this is very important question.or queries that need a quick answer.
member
Activity: 103
Merit: 10
“Revolutionizing Brokerage of Personal Data”
Really curious as to how exactly are you going to bank the unbanked?
Nevertheless, hoping for lala’s success.

Basically, it means that those people who haven't tried to use bank before bec of its requirements, most likely the poor people with families abroad are affected by the rule of banking systems in the world. That is why LaLa world Prioritize poor people to experience the easier, secured and cheaper way of transferring money across the globe by just using a smartphone, and this poor people will eventually feel how banking systems worked.
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