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MyChicJungle brings blockchain technology to Flowdron marketplace

MyChicJungle will bring blockchain technology to Flowdron marketplace. The announcement comes as Flowdron is underway with its equity crowdfunding campaign on the Opstart portal. To date, the campaign has raised over $98,400 (€81,000), above the minimum target of $60,700 (€50,000), but below the maximum target of $243,000 (€200,000), based on a pre-money value of $607,000 (€500,000).

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MyChicJungle, a consulting firm for innovation and digital communication, brings the blockchain on Flowdron, the largest marketplace in Italy dedicated to drones, to facilitate the meeting between supply and demand and ensure the certainty of guarantees.

If you want to read more about Flowdron, the largest drone marketplace in Italy, and how MyChicJungle brings blockchain technology on it, download for free the Born2Invest mobile app. Our companion app is the best online news aggregator and keeps its readers up to date with the latest and most important financial news from around the world, taken only from trusted sources.

Blockchain technology helps with the verification and compliance of the negotiation of the contract

Through blockchain, in fact, the agreements between drones and buyers are enriched by a technological component dedicated to the verification and compliance of the negotiation and execution of the contract. That is done by notarizing all documents related to performance, i.e. freezing in time the content of that contract itself and, consequently, facilitating the resolution of any disputes that might arise.

The announcement comes as Flowdron is underway with its equity crowdfunding campaign on the Opstart portal. To date, the campaign has raised over $98,400 (€81,000), above the minimum target of $60,700 (€50,000), but below the maximum target of $243,000 (€200,000), based on a pre-money value of $607,000 (€500,000).

Rudy Lazzarin, the founder of Flowdron, commented: “I strongly believe in blockchain because it allows the creation, in a secure way, of a registry containing data and information certain in time, unchangeable and therefore extremely useful for the conduct of our business. All without the need for a central entity to control and verify it. Since Flowdron’s main goal is to provide a Software as a Service tool to the drone industry, I immediately wanted to choose MyChicJungle, a company that could guarantee us a secure and fast development for the entire suite of services that the Flowdron team plans to make available to its users.”

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Jacopo Moschini, CEO of MyChicJungle, added: “Our intent is to implement personalized, efficient and easily accessible innovation within companies – he commented – so over time we have created plug and play applications and software integrated with blockchain technology that can create new development horizons for businesses operating in different sectors.”

MyChicJungle was founded in 2012 by Paolo Broglia and Jacopo Moschini, it offers diversified services defined according to customized strategies, able to make way for companies in the jungle of current technologies. From MyChicJungle in 2018 was born as a spin-off of the startup Japal, which has developed an e-commerce platform able to support medium-large FMCG companies in the delivery of their products to the home of their customers. Japal last December 2020 secured a new round of investment from Intesa Sanpaolo, which underwrote a $303,000 (€250,000) convertible financing.

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(Featured image by Karl Greif via Unsplash)

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First published in Be Beez, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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J. Frank Sigerson is a business and financial journalist primarily covering crypto, cannabis, crowdfunding, technology, and marketing. He also writes about the movers and shakers in the stock market, especially in biotech, healthcare, mining, and blockchain. In the past, he has shared his thoughts on IT and design, social media, pop culture, food and wine, TV, film, and music. His works have been published in Investing.com, Equities.com, Seeking Alpha, Mogul, Small Cap Network, CNN, Technology.org, among others.