Explore the words cloud of the SMark2.0 project. It provides you a very rough idea of what is the project "SMark2.0" about.
The following table provides information about the project.
SMARK TECHNOLOGY ZARTKORUEN MUKODO RESZVENYTARSASAG
|Coordinator Country||Hungary [HU]|
|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 2019-08-01 to 2019-12-31|
Take a look of project's partnership.
|1||SMARK TECHNOLOGY ZARTKORUEN MUKODO RESZVENYTARSASAG||HU (BUDAPEST)||coordinator||50˙000.00|
SMark2.0 is the connection between nanotechnology and blockchain that allows a brand new, unique and ground-breaking approach to authentication, identification and track-and-trace. Counterfeiting is causing severe business damages, reducing tax incomes and directly or indirectly affecting the life of EU citizens. Our mission is to offer break through solutions to protect people & businesses through reliable, yet simple ways to authenticate the origin of the goods. SMark2.0 is a four layer, product identification, authentication, anti-counterfeiting and track-and-trace system with a breakthrough physical part (SMark NanoLabel manufactured using our Integrated Customisation System) and a highly disruptive and decentralised secure network (Blockchain Framework) that is able to give a complete solution in B2B, B2C and B2G (B2ALL) relevance. Furthermore, SMark2.0 has an innovative business model, which is able to minimise the system installation costs, gives the opportunity for SMEs to use our scalable system as well. In this proposal we present our current status (SMark1.0 pilot), our market experience and the corresponding action plan required to turn it into a commercial product (SMark2.0) with scalable production and business methods. According to our business projection we will break even 2 years after commercialisation and realise a substantial Return on Investment (RoI) by the 3rd year.
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The information about "SMARK2.0" are provided by the European Opendata Portal: CORDIS opendata.
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