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
IGI airport sees rise in gold seizures from foreign countries
The Indira Gandhi International Airport (IGI) witnessed a significant surge in...
Researchers Develop Special Fluorescent Ink to Reveal Counterfeit Products
One day soon, the simple act of taking a photo with your smartphone could help...
Government flags illicit trade as a major deterrent to India’s growth
Union Minister of Consumer Affairs, Food and Public Distribution, Ram Vilas...
Pair in court over counterfeit car goods
Standing side by side in the dock at Ballymena Magistrates Court on Thursday,...