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

Información del proyecto

SMark2.0

Identificador del acuerdo de subvención: 878178

DOI

10.3030/878178

Proyecto cerrado

Fecha de la firma de la CE 31 Julio 2019

Fecha de inicio 1 Agosto 2019

Fecha de finalización 31 Diciembre 2019

Financiado con arreglo a

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Coste total

€ 71 429,00

Aportación de la UE

€ 50 000,00

Coordinado por

SMARK TECHNOLOGY ZARTKORUEN MUKODO RESZVENYTARSASAG
Hungary

Periodic Reporting for period 1 - SMark2.0 (SMark2.0, our next level product authentication, anti-counterfeiting and track and trace system)

Período documentado: 2019-08-01 hasta 2019-12-31

Resumen del contexto y de los objetivos generales del proyecto

SMark2.0 is the connection between nanotechnology and blockchain that allows a brand new, unique and groundbreaking 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.
The main target of the SMark2.0 project is to turn pilot system into a commercial product 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.

Trabajo realizado desde el comienzo del proyecto hasta el final del período abarcado por el informe y los principales resultados hasta la fecha

During the Phase 1 project we carried out an extended feasibility study consisting of market assessment, business model validation, risk and IP strategy assessment, up-date and advancement of the business plan, and pilot location selection to support the commercialisation of our technology.

Avances que van más allá del estado de la técnica e impacto potencial esperado (incluida la repercusión socioeconómica y las implicaciones sociales más amplias del proyecto hasta la fecha)

The project has made progress in the following areas:
• We have carried out a comprehensive assessment of our potential European and global markets.
• We validated our business models and product specification with relevant stakeholders.
• We determined pilot locations for the Phase 2 project and engaged relevant partners.
• We carried out a complete risk analysis, contingency planning, and revised our IPR strategy
• We updated our strategic business plan

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