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SMark2.0 SIGNED

SMark2.0, our next level product authentication, anti-counterfeiting and track and trace system

Total Cost €

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EC-Contrib. €

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Partnership

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Project "SMark2.0" data sheet

The following table provides information about the project.

Coordinator
SMARK TECHNOLOGY ZARTKORUEN MUKODO RESZVENYTARSASAG 

Organization address
address: JULIA UTCA 1. 1. EM 4
city: BUDAPEST
postcode: 1026
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 Hungary [HU]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 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)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-08-01   to  2019-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SMARK TECHNOLOGY ZARTKORUEN MUKODO RESZVENYTARSASAG HU (BUDAPEST) coordinator 50˙000.00

Map

 Project objective

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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