Explore the words cloud of the MARCO project. It provides you a very rough idea of what is the project "MARCO" about.
The following table provides information about the project.
FINBOOT TECH SL
|Coordinator Country||Spain [ES]|
|Total cost||71˙429 €|
|EC max contribution||50˙000 € (70%)|
1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
|Duration (year-month-day)||from 2018-12-01 to 2019-05-31|
Take a look of project's partnership.
The Blockchain market surpassed $400 million in 2017 and it is expected to go up to $7 billion by 2022. One of the main factors causing this rapid growth is the increasing demand for simplified business processes. Blockchain-as-a-service solutions like MARCO are expected to drive the growth of the global market. The digital transformation of international trade and supply chains and the high adoption of Blockchain technology in the sector, make this an ideal entry point for MARCO. Current supply chains, unlike the underlying technology for managing them, have transformed enormously. The market is looking for solutions based on the latest technologies, like blockchain, to improve their network. With MARCO’s technology, companies can rebuild their approach to supply chain management at the ecosystem level and achieve a trusted integrated global view. MARCO is a secure platform compatible with regulations and easy to use, which optimizes supply chain operations by implanting digital solutions based on Blockchain technology in a profitable way; allowing companies to work with smart contracts and digital payments, overcoming legal, technical and operational complications. There are several competitors of MARCO platform at different scales for smart contracts apps development. The most important thing about MARCO and The business model will be SaaS (Software as a Service) based on a close relationship with each customer, which due to the customisability of MARCO, will be a combination of pay-per-user and technical consulting service revenues. Estimating a progressive penetration of our solution, our forecast for total revenue in the 5th year of sales is €12.1 million.
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The information about "MARCO" are provided by the European Opendata Portal: CORDIS opendata.
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