Spotting Fakes
From drugs to gadgets, the share of counterfeits in global trade, according to an OECD estimate, stands at 7-10%. The implications worsen with currency counterfeiting. However, fighting fakes has never been easy; the technology behind the spurious has often caught up with, and sometimes even outpaced, that of the authentic. But with non-cloneable identification (nCID), the trend may yet reverse. A Pune-based company, Bilcare, has developed nano-microparticles-enabled authentication that could nail even the best fakes—minuscule amounts of such particles of metal are embedded on an nCID chip on the packaging of a product. Under a magneto-optic sensor, the nCID chip generates a non-reproducible, digitised image unique to the packed unit—‘non-reproducible’ meaning that even the manufacturer of the chip can’t make a copy. The image can then be transmitted through mobile or internet gateways, and the manufacturing site, date and other particulars of the packed unit can be verified. Thus, even the closest lookalike would fail the magneto-optic test.
http://www.financialexpress.com/news/spotting-fakes/1233281?rhheader
Related Posts
Man Accused Of Selling Counterfeit Texans Jerseys
A Baytown man has been arrested, accused of selling counterfeit Texans jerseys....
Custom deploys 11 gunboats to fight piracy, smuggling
The Nigerian Custom Service (NCS) said it has deployed 11 gunboats to fight...
Assam Police seizes fake currency worth Rs 6.87 lakh, 2 held
Guwahati: In a significant crackdown, the Assam Police‘s Special Task Force...
UP ATS nabs 4th accused in inter-state fake currency racket; Rs 1.05 lakh seized from Sitapur man; gang used Alibaba-sourced paper, Photoshop files to mimic notes
The UP Anti-Terrorist Squad (ATS) has apprehended a fourth suspect, Anas Ahmad,...




