2Meet2Biz.com, an equity crowdfunding and debt platform, is the first among the platforms authorised by Consob to use blockchain technology to manage all internal document processes, thanks to its presence, as a validator node, on the Commercio.network blockchain.
With equity crowdfunding, start-ups and SMEs can raise venture capital to finance the creation or development of their business projects. Italy was one of the first countries to regulate this type of investment by creating a real ecosystem and official register by Consob. In recent years, the sector has evolved in terms of the number of platforms and capital raised, as well as the number of operations managed, but from a technological point of view, few steps have been taken.
The desire to use blockchain technology in 2meet2biz stems from a precise need: to apply the potential of a blockchain to the processes that normally characterise equity crowdfunding campaigns and which, by type, are essentially replicable and procedurally feasible for all bidding companies.
This is why 2meet2biz, developed and managed by Migliora Srl, has embarked on an absolutely innovative path: to guarantee its corporate clients, as well as all investors who participate in the campaigns, transparency, security and immutability of all processes related to raising capital; from the receipt of the initial documentation to the conclusion of the campaign, thanks to a blockchain technology that also complies with the eIDAS directives.
For the same reason - to integrate with third-party technologies with the aim of improving efficiency and security in economic and financial transactions - 2meet2biz has chosen to use an open banking software system, fully integrated into 2meet2biz, which via APIs securely guarantees financial flows, automating all stages of bank reconciliations and transactions.
2Meet2Biz.com is now part of Commercio.network, a blockchain that as of 2018 has enabled companies around the world to manage the three essential trust processes of digital transformation: creating a digital identity with eID, signing a document with eSignature and certifying the exchange of documents with eDelivery. Thanks to this, the customer experience of the platform is ZERO PAPER and the processes from onboarding to eKYC (electronic know your customer) are totally digital.
2Meet2Biz.com has become the 45th of 100 commercio.network validator nodes joining the most important European players already present, such as Namirial, Infocert, VAR Group Zucchetti. Being a Validator Node means participating in the most innovative, sustainable and advanced European project in the Blockchain field, also proposed as a technology for the EBSI call for tenders financed through PCP by the European Commission.
On one hand, this step is part of a very precise strategy, i.e. to integrate 2meet2biz with third party technologies that allow it to progressively improve the customer experience of all its clients, and on the other hand it is the first step of a wider project to exploit all the potential that this business model intends to offer, from a procedural point of view and not only, guaranteeing a degree of transparency never seen in its sector in full compliance with the EU MICA directives.
2meet2biz intends to guide the processes of crowd campaigns through digital transformation, with the development and use of SAAS technologies that can also make the investment process innovative, both for principals and investors, maximising the value chain of the campaigns presented, from their origin to access to the target market. A new international strategic approach, with a path that will soon be applicable to all investors, involving partners with platforms that comply with the standards required by European regulators.