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CHoKO

Clearing House for Knowledge Options (CHoKO) - creating a marketplace for knowledge

Total Cost €

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EC-Contrib. €

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Partnership

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 CHoKO project word cloud

Explore the words cloud of the CHoKO project. It provides you a very rough idea of what is the project "CHoKO" about.

valuing    data    house    knowledge    tv    gt    shared    instead    start    alone    incl    pricing    feasibility    choko    intensive    workers    customers    online    disrupt    tracking    companies    proportion    markets    education    protection    determined    brain    performance    rate    priced    stand    24    service    2020    mass    social    point    buy    ups    remunerate    copyrights    privacy    validate    freemium    mirrors    knowliah    foundations    fees    implementing    fixed    profit    membership    reaching    entertainment    reflecting    kti    15m    producers    drain    exist    licensing    itself    trans    re    world    commercialisation    artists    time    critical    live    est    ambition    solution    individual    collect    trillion    equity    employees    intellectual    international    sme    valued    rights    exchange    actual    engage    speed    phase    sell    revenues    royalties    fundamentally    property    industries    communities    200m    distribute    mitigate    stations    clearing    ways    platform    15    economy    nationally    commissions    pilot    irrespective    music    experts    54m    playlists    viability    pros    adoption    options    authors    regard   

Project "CHoKO" data sheet

The following table provides information about the project.

Coordinator
KNOWLIAH NV 

Organization address
address: LEUVENSESTEENWEG 282c
city: BOORTMEERBEEK
postcode: 3190
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Belgium [BE]
 Project website http://www.knowliahcommunity.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.6. (SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2015
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-09-01   to  2016-02-29

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    KNOWLIAH NV BE (BOORTMEERBEEK) coordinator 50˙000.00

Map

 Project objective

Knowledge and technology intensive (KTI) industries contribute >€15 trillion to the world economy. Yet there are no markets for knowledge itself, because there exist no common methods for valuing and therefore pricing knowledge. Instead, producers of knowledge, incl. experts and employees, sell their time at a fixed rate reflecting education and experience, but irrespective of value to their customers. Knowliah's Clearing House for Knowledge Options (CHoKO) fundamentally changes the way knowledge is valued and priced: CHoKO is an online platform tracking both production and use of knowledge, whose value is determined not at the point of exchange but at the point of (re)use; and producers get royalties in proportion to that value. This mirrors the role of Performance Rights Organisations (PROs) in the entertainment sector, who collect royalties from TV and music stations and distribute these to authors according to the playlists, i.e. actual use. Our ambition is for CHoKO to disrupt the traditional ways (i) for SME's to sell (and buy) their knowledge, (ii) to remunerate knowledge workers, artists, and social-profit workers, (iii) to value the knowledge equity of companies incl. start-ups, (iv) to manage intellectual property rights, and (v) to mitigate 'brain drain'. Revenues come from (i) licensing, implementing and operating the platform as stand-alone or shared service solution in companies - est. €5.4-54m by 2020; (ii) freemium membership fees from individual users - est. €9.6-15m by 2020; and (iii) commissions on royalties - est. €24-200m by 2020. The feasibility study will assess the project's viability: research and validate the legal foundations (with regard to privacy, data protection, and copyrights) for operating trans-nationally; assess, during a 6-month live pilot, factors that affect the rate and speed of adoption towards reaching critical mass among target communities; and identify and engage key international partners for commercialisation in Phase

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The information about "CHOKO" are provided by the European Opendata Portal: CORDIS opendata.

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