MegaHoot Technologies Partners with Sundowner Future Properties to Develop Blockchain Enabled Property Technology Platforms

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MegaHoot Technologies Partners with Sundowner Future Properties to Develop Blockchain Enabled Property Technology Platforms

October 26
17:00 2022
MegaHoot Technologies Partners with Sundowner Future Properties to Develop Blockchain Enabled Property Technology Platforms
MegaHoot Technologies along with Sundowner Future Properties are developing property technology systems for the luxury real estate market

It was announced today that American software and technology company, MegaHoot Technologies, Inc “MegaHoot”, has partnered with Kenya based real estate development company Sundowner Future Properties to develop and deploy innovative blockchain enabled property technology systems that will span across building management systems, risk management systems, property management, payment and aggregation systems.

The property technology systems will also integrate artificial intelligence and immersive technology, which will initially be deployed for Sundowner Future Properties’ luxury real estate projects across Nairobi, Kenya. The inclusion of innovative technologies into these real estate projects will set the standard in the African luxury real estate market. The utilization of smart contracts for building common charges, service charges and reports, tenant payments and maintenance schedules will make the user experience increasingly seamless.

The partnership also includes developing similar property technology systems to be provided as SaaS platforms for commercial use, allowing luxury real estate developers globally to innovate utilizing MegaHoot Technologies’ products. There will be additional integrations implemented by the partnership which would include smart technology and green energy initiatives such as solar technology.

A version of the SaaS property technology platforms will be available for affordable housing developments in late 2023.

“I am looking forward to the technology that we will be bringing forth through the MegaHoot Technologies and Sundowner Future Properties partnership. We believe that this will allow us to bring the most innovative technologies to our developments, making the user experience as vibrant as possible”. Stated Rodney Ngao, CEO of Sundowner Future Properties.

In addition Sundowner Future Properties, in alignment with My Shamba Digital, MegaHoot Technologies and FGA Partners, will be bringing forward property technology solutions for government use, tackling inherent problems and replacing them with solutions for public use.

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 Sundowner Future Properties

Sundowner Future Properties “SFP” is an innovative real estate development company headquartered in Nairobi, Kenya. SFP focuses on both luxury mixed use high-rise residential structures and single family home/rental subdivisions with high yields and continued growth potential. The utilization of smart technology and blockchain technology will be one of the company’s cornerstones. In some cases SFP may act as a consultant to real estate projects that the company is not directly involved in, the purpose of this is to have the greatest social and economic impact in Kenya possible.  For more information please go to https://www.sfp.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.

Media Contact
Company Name: MegaHoot Technologies, Inc
Contact Person: Media Relations
Email: Send Email
Country: United States
Website: www.megahoot.com

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