Magnetic ink in banknotes may make forgery detection easierJune 10th, 2008 - 1:16 pm ICT by ANI
London, June 10 (ANI): Experts associated with UK military research company Qinetiq have come up with a new idea for detecting counterfeit currency notes just by folding them.
They say that it may be possible if magnetic inks are used in a document, such as a banknote, with alternating polarity.
All that a person would have to do to test the authenticity of a banknote would be to fold and rub it, which would enable him/her to feel alternate attraction and repulsion as the inks move past each other.
The experts say that the sensation would make a smooth piece of paper feel rippled.
They believe that the technology could work on anything from passports to legal letters, report New Scientist magazine.
Most anti-counterfeiting techniques use visual cues like watermarks or holograms. Sometimes machine-readable features, such as markings that become visible under ultraviolet light, are also used.
The Qinetiq experts believe that a touch-based system may have manifold advantages over such visual clues, especially when it comes to aiding the visually impaired.
They, however, have not said anything as to how easy or difficult it would be for fraudsters to copy this system. (ANI)
- Getting real about killer fakes in air (Comment) - Mar 24, 2011
- Chinese passports to have electronic chip - May 04, 2012
- Cabinet approves data-sharing policy - Feb 09, 2012
- Laser wipes paper clean for reuse - May 20, 2012
- New substance to make passports fraud-proof - May 19, 2011
- .xxx adult web addresses now online - Apr 19, 2011
- Taking steps to curb fake notes: Pranab - Jan 07, 2012
- Pakistan to stop graft money use in elections - Dec 30, 2011
- Man from Lodi, California pleads guilty on counterfeit case - Feb 10, 2010
- Pornography websites with '.xxx' addresses open for business - Apr 19, 2011
- Chinese couples faking divorce to dodge new regulation on property ownership - Oct 15, 2010
- 'Joint effort needed to eliminate fake goods' - Jun 13, 2012
- Deadly bug may help fight counterfeiting - Sep 28, 2011
- Geography and radiation determine how you tan - Jun 22, 2010
- Addiction to tanning can be extremely dangerous - May 19, 2010
Tags: authenticity, banknote, counterfeit currency, currency notes, forgery detection, fraudsters, legal letters, magnetic ink, magnetic inks, military research, new scientist magazine, passports, piece of paper, polarity, qinetiq, repulsion, smooth piece, ultraviolet light, visual cues, watermarks