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

Project description

Blockchain and nanotechnology combine to stop counterfeits

Counterfeit goods are damaging to businesses and European economies as a whole, reducing sales and tax income. The SMark2.0 project is aiming to change that with a revolutionary new authentication and tracking system that uses nanotechnology labels and a blockchain-based decentralised secure network. This system offers a simple, reliable and innovative solution to authenticate and track the origin of goods. SMark2.0 is taking a pilot project commercial by developing scalable manufacturing processes and a business model. The project aims to break even in year 2, and offer a substantial return on investment in year 3.

Call for proposal

H2020-EIC-SMEInst-2018-2020

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Sub call

H2020-SMEInst-2018-2020-1

Coordinator

SMARK TECHNOLOGY ZARTKORUEN MUKODO RESZVENYTARSASAG
Net EU contribution
€ 50 000,00
Address
Julia Utca 1. 1. Em 4
1026 Budapest
Hungary

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Region
Közép-Magyarország Budapest Budapest
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Other funding
€ 21 429,00