Confused About Authenticity of Banknote? Check this App!

[Bimat]

G&D enables mobile phones to check banknote authenticity

Tuesday 11 December 2012 | 14:11 CET

German smartcard and security printing group Giesecke & Devrient has developed a security feature called MAGnite that allows mobile phone users to verify banknotes authenticity. The system uses interaction between special colour pigments and magnets such as those used in mobile phone speakers. The colour pigments align along the magnetic field lines when the note is placed over a magnet and make the feature visible through a high-contrast change of the image on the note. MAGnite works with other magnets, such as those in store checkout theft-prevention systems. The head of G&D's banknote printing division, Bernd Keummerle, said that due to its ease of use and easily recognised optical effect, MAGnite is a sound alternative to watermarks and security threads for the general public.

Source: TelecomPaper

[chrisild]

When I read the headline, I first thought that G&D had developed an app that I can use to check, say, my euro notes. Then I noticed that MAGnite is Zukunftsmusik - a pie in the sky.   Seems that it is a feature that may be built into (future) banknotes. http://www.gi-de.com/en/about_g_d/press/press_releases/Verifying-the-Authenticity-of-Banknotes-with-Mobile-Phones-g23104.jsp But it does sound like an interesting concept ...

Christian

[dheer]

Interesting ... but then we need to have such notes ...