MegaHoot Teams With Kenya Based My Shamba Digital To Develop Property Technology Platforms To Combat Land Disputes

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MegaHoot Teams With Kenya Based My Shamba Digital To Develop Property Technology Platforms To Combat Land Disputes

August 11
19:56 2022
MegaHoot Teams With Kenya Based My Shamba Digital To Develop Property Technology Platforms To Combat Land Disputes
MegaHoot Technologies and My Shamba Digital will be bringing forward property technology platforms to combat land disputes that could be used through out Africa and South America.

It was announced today that American software and technology company, MegaHoot Technologies, Inc “MegaHoot”, has partnered with Kenya based property technology company My Shamba Digital to develop a series of real estate related platforms. The platforms will incorporate enhanced blockchain technology systems utilizing the Pecu Novus Blockchain Network. The first in the series is geared towards land disputes in Kenya through the use of a unique blockchain enabled land verification system.

My Shamba Digital was founded by Advocates of the High Court of Kenya, Robert Muoka Salim and James Kiptalam, both who have been at the forefront of land dispute resolution. Over the past decade the number of incidents involving false land claims and related crimes has skyrocketed in Kenya. The Kenya Ministry of Lands and a survey by The Hague Institute for Innovation of Law have shown that the cost to the economy has been substantial and land disputes have impacted between 2.4 to 2.8 million Kenyans.

Perennial land disputes have been a thorn in the side of Kenya’s lands sector for decades and My Shamba Digital has identified the problem. By aligning with US based MegaHoot Technologies they are keen on providing a viable and sustainable solution which has plagued Kenya for too long. The utilization of blockchain technology in order to combat land disputes will become an asset in providing solutions for the security of land titles, illegal use of public land and the proper storage of land records through out Kenya.

The problem does not just impact Kenya but it impacts many countries through out Africa and South America, My Shamba Digital is looking to scale the system quickly through out 2023 to eventually have operations in Rwanda, Uganda, Tanzania, South Sudan, Ethiopia, Democratic Republic of Congo, Burundi, South Africa, Nigeria, and Egypt.

“We are looking forward to working closely with MegaHoot Technologies to fuel the vision that we have for Kenya, a better Kenya, where land ownership is clear and concise. My Shamba Digital was created with an initial mission, to bring transparency to land records to avoid land disputes and promote land ownership with immutable record of ownership.” stated My Shamba Digital co-founder Robert Muoka Salim.

The target markets are prospective real estate buyers who want to insure they will be the true owners of the land they are buying, government agencies who want to restore confidence that land disputes are being combated via technology and the Kenya real estate industry as a whole. Some platforms that will be provided by My Shamba Digital and MegaHoot Technologies include verification of real estate Title deeds, Land Registration Services, Land Administration Services, Land Valuation Services, Land Survey Services, and Dispute Resolution Services.

“The Kenya Lands and Physical Planning Cabinet Secretary Farida Karoney has made it part of her mission to bring digital land management to the forefront to combat land disputes in the country, My Shamba Digital and MegaHoot Technologies have solutions that will be able to assist in achieving those goals. Robert and James have spearheaded a movement to resolve land disputes that will span beyond Kenya, we look forward to working with My Shamba Digital to see it through.” stated MegaHoot Technologies CEO Louis Velazquez.

About MegaHoot Technologies, Inc

MegaHoot is an innovative and diverse American software and technology company that is building a global ecosystem that will incorporate comprehensive tools for business that include Artificial Intelligence (Facial Recognition, Computer Vision, Biometric), Machine Learning, Secure Collaboration Technology, Advanced Blockchain Technology, eCommerce and Gaming platforms, as well as other disruptive technological innovations. MegaHoot’s core focus is on developing such disruptive technology in these arenas in order to provide cost effective and advanced solutions for global enterprise, municipalities and individual use via a SaaS (Software as a Service) model. Learn more about www.megahoot.com

About My Shamba Digital

My Shamba Digital is an innovative Kenya based property technology company that is focused on developing real estate related technology platforms that are scalable and will aid in combating fraud through out Kenya. The online platform that assists land owners, citizens, and other stakeholders to interact with the ardhisasa online platform, the national land information management system, with the help of qualified and licensed professionals. Learn more at www.myshambadigital.co.ke

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in which such offer, solicitation or sale would be unlawful, and qualification under the securities laws of any such state. This press release contains forward-looking statements. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, including but not limited to expectations and assumptions concerning the receipt of required regulatory approval. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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Website: www.megahoot.com