Blokker wanted to offer its private shares to its loyal customers as part of an innovative loyalty program. This required a substantial legal and technical work. Since the technical solution deals with financial instruments and accounting, it required bank-level security and auditability in which brands and their customers can trust.
In a joint partnership, Xeco Labs took care of the technical work. The solution included a modern double-entry accounting component at the core to account for private equity issuance and allocation as well as a brand dashboard from which Blokker could monitor the allocation of its private shares and detailed transactions.