Opendata, web and dolomites


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

Total Cost €


EC-Contrib. €






 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.

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

Project "CHoKO" data sheet

The following table provides information about the project.


Organization address
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
 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


Take a look of project's partnership.

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


 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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