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.

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

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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