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.
Fields of science
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1
Coordinator
1026 Budapest
Hungary
See on map