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SMark2.0 SIGNED

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

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

SMark2.0 project word cloud

Explore the words cloud of the SMark2.0 project. It provides you a very rough idea of what is the project "SMark2.0" about.

nanotechnology projection relevance trace action 3rd scalable decentralised anti origin incomes customisation commercialisation model physical plan innovative reducing solution brand mission minimise smark network substantial roi complete tax framework manufactured opportunity blockchain business breaking give ways connection investment secure commercial indirectly market gives return layer causing installation status b2c smark2 b2all ground damages disruptive authenticate nanolabel authentication corresponding people breakthrough turn citizens pilot smes counterfeiting b2b b2g severe businesses break track realise smark1 goods solutions protect life identification

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 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.	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.