2. Counterfeit currency -
a growing threat
A global problem linked
to organized crime
The crime of counterfeiting presents a potential danger to national economies and
causes financial losses to consumers.
There is a significant amount of counterfeit currency in circulation around the world.
Recent developments in
photographic and printing
technology have made the
production of counterfeit currency
relatively easy, thereby increasing
the potential threat.
There has been a rapid growth
in the counterfeiting of Euro
banknotes and coins since the
launch of the currency in 2002.
In India, counterfeit currency
has long been seen as a source
of funding for terrorism.
Investigations into at least four
cases — the Hyderabad bombings
of August 2007; the attack on
the Indian Institute of Science,
Bangalore, in December 2005;
the Ahmedabad bombings of July
2008; and the 26/11 terror attack
on Mumbai — have revealed a
link. (Source: The Pioneer, New
Delhi – January 2009)
PRO BLEM PROBLEM
3. Non-effective
authentication
Inadequate
security features
With increase in counterfeiting of currency across countries, there is a vital need for
strengthening the security features of currency and gaining assurance of authenticity.
Considering the threat that counterfeiting has on the economy, governments of various
nations have recognized the imperative need to combat it.
• Need for new, more robust
security features.
• All existing technologies
have a dependence on
human intervention, be it
secret formulae, algorithms
or ingredients, with a
corresponding risk of
security breach.
• Current authentication is often
based on visual checks and
hence prone to human error.
Current currency denominations
have overt and covert security
features which require human
intervention for detection and
authentication. This leaves
a window for human error.
Feature checking requires either
diverse equipment or continued
awareness campaigns and
knowledge retention by the
masses to ascertain the presence/
absence of features.
Covert Security Features
• Watermark
• Security thread
• Latent image
• Micro lettering
• Intaglio
• Identification mark
• Fluorescence
• Optically variable ink
• See-through register
PRO BLEM PROBLEM
• Inability to check in real-
time and get an appropriate
authentication response to
all concerned.
• Inability to identify and trace
the authenticator in real-time
for appropriate action
as required.
4. nonClonable™ LABEL WITH BAR CODE
The nonClonableID™
advantage
Robust security features
• Applies nanotechnology
to facilitate easily-readable
authentication of currency.
• Unique materials-based
fingerprints generated out of
randomly distributed micro
and nano particles.
• Can be applied to the currency
note paper before printing.
• Real-time authentication
through hand-held
portable readers.
• The fingerprints are machine-
readable so the authentication
process is objective
and reliable.
• Complete authentication report
on a mobile or computer
using robust web enterprise
secured applications and data
management at back-end.
• Dashboard showing real-time
problem areas and availability
of various reports.
SOL UTION SOLUTION
The nonClonableID™ label is a
unique, materials-based
fingerprint consisting of randomly
distributed particles and cannot
be reproduced even by Bilcare.
Bilcare Technologies offers a
comprehensive solution to
combat counterfeiting through
the implementation of its unique
nonClonableID™ technology.
nonClonableID™ employs unique
materials-based fingerprints that
are prohibitively difficult to copy.
These tamper-evident fingerprints
are irreproducible and cannot be
duplicated even by Bilcare.
The solution enables real-time
identification and authentication
of the fingerprints through
various types of readers.
5. Currency
Paper
Authentication
Servers
DataTransfer
Printed Currency
sheets
Currency Printing
Sheet Cutting
Curing
Process
Pre-process
material in
roll form
Premises server
for control
and print Data Matrix
Barcode Printing
Fingerprint Reading
Fingerprint
Application
Final Die Cut
How it works Authentication of
currency through
nonClonableID™
Bilcare’s solution augments currency security through the following:
• Application of the
nonClonableID™ feature in
currency notes.
• Anytime, anywhere
e-authentication of currency
notes using Bilcare readers
thus enabling quick and simple
detection of originals and
counterfeits at multiple places
in real-time.
• Immediate alerts on each
and every occurrence of
a counterfeit.
SOL UTION SOLUTION
Bilcare’s
nonClonableIDTM
label
6. A comprehensive solution Protecting the integrity
of currency
Bilcare’s solution also provides a comprehensive enterprise solution which can enable
the generation of management reports and data mining. Bilcare’s smart sensing and
alerting engine comprises of configurable alerting and Reporting Software Modules
(RSMs). This is provided through an intuitive Graphical User Interface (GUI) that collates
key information for authorized users. It is based on a Dashboard that provides a basic
overview, series of alerts with respect to reported counterfeits, as well as the ability to
quickly drill down into details with respect to individual notes, banks, regions and types
of activity.
• Innovative security solution
for protecting currency from
counterfeiting.
• Enable real-time identification
and authentication of currency
and documents.
• Authentication and
confirmation is possible at
all stages of the chain, from
the Central Banks to the
consumer, including banks,
institutions, railways,
airlines, shops, wholesalers
and retailers.
• Prevent forgery, manipulation
and misuse.
• Empower consumers to
authenticate any currency
note directly.
• Management reports and data
mining – platform for real-time
smart sensing and action.
• Re-assess usage of multiple
security features on
currency and subsequent
cost optimization.
• Real-time exceptions report
occurrences of counterfeit
currency for subsequent action.
• Cost-effective solution.
SOL UTION BENEFITS
The data system stores sufficient
relevant information about
bank notes and transactions.
The RSMs distill information
into useful formats from which
statistical data, real-time data,
and trends can be obtained and
compared. Hence the system will
not only reduce counterfeiting
and enhance security but also
supplement knowledge about the
issue and help in timely action.
Alerts
10:02 - Multiple serial number occurrence
09:58 - Fake note, Mumbai - in field
09:20 - Fake note, Bank - Delhi
09:17 - Inactive note reported - Pune
Manage
Users | Notes | Batches | Readers
Dashboard
Alerts
Statistics
Maps
Manage
Account | Settings | Help | Logout
Date and time
Dashboard
Statistics #
[ mean ]
[ m. av. ]
[ sd ]
Issuance
Authentic
Unrecognized Note
Not Authentic
Oct 23 - Nov 22, 2009
All | Note Denomination
Day | Week | Month | Year
Map
Transactions
Sample demonstration screenshot of the GUI,
showing the Dashboard and how the various sub-sections relate.