Hoop Capital is helping multi-stage companies to achieve their mission to innovate the future.
As part of their journey on BlockStart’s 2nd Acceleration Programme, as an SME adopter, they were looking for new opportunities for collaboration with technology providers of DLT/blockchain solutions that could improve their business. This is the testimonial of their experience in our programme.
In one paragraph, what is Hoop Capital?
Hoop Capital aims to extract value from Italian SMEs, providing them the right balance of resources to help them achieve their goals.
What is Hoop Capital passionate about achieving?
Hoop Capital aims to be the maker of a new Italian Renaissance.
Can you tell us why you have decided to apply to BlockStart’s 2nd Call for end-user SMEs?
Blockstart allowed us to help tech companies in implementing their solution in real-life projects. Between all the possible opportunities we spotted LoanXChain great solution which is now mature enough to be used. We helped LoanXChain to use it in a real case and hope that it will be spread on the market soon.
What major challenges have you faced during the implementation/testing of BlockStart’s blockchain-based solution?
One of the biggest challenges that we faced was related to finding the right market participants. Blockchain is not mainstream yet so many professional investors are still skeptical. We and LoanXCHain had to explain to them what this kind of technological shift implies, this was the main challenge. Once the client understood all the advantages that the technological solution had, the implementation was straightforward.
What kind of impact do you think the blockchain-based solution you have implemented in the scope of BlockStart may bring to your company?
Thanks to Blockstart and LoanXChain we have now references that could help us to attract new capital market customers interested in implementing CORDA solution and add a business line to our business model. Thanks to this reference, we will be able to help the Italian economic system to shift toward technology.
Where do you see your company in 5 years?
We see Hoop Capital at the centre of the Italian ecosystem, an actor that will allow companies to execute correctly their business strategies, extract value from their idea and innovate.
Want to know more about the blockchain-based solution adopted by Hoop Capital?
Visit LoanXChain‘s webpage or watch the video below to learn more about the “LoanXChain” solution implemented by Hoop Capital in the scope of BlokStart’s 2nd Acceleration Programme.
Applications for SME adopters are now open
The 2nd cut-off of the 3rd Open Call for SME adopters is now open until 10 November 2021, 5pm CET/Brussels Time! If you are an SME operating in the fields of fintech, ICT and retail and willing to implement DLT/blockchain pilot solutions together with DLT/blockchain startups, that have gone through BlockStart’s 3rd Acceleration Programme, you can apply for this 2nd cut-off.
Don’t miss this change and benefit from up to €3,000 equity-free grants for participating in the Pilot stage of our 3rd Acceleration Programme.