Magnetic identification
The project consortium consisting of BOGEN (project coordinator, SME), INESC (research), and INSPECTRON (SME) will bring the novel identification solution for track & trace, anti-counterfeiting and product verification to market. INSPECTRON has recently developed a magnetic ink barcode reader and has implemented this in a mailer project. BOGEN has developed with INESC a new technology to read magnetic ink with TMR sensing technology. Combining these approaches results in a disruption for the identification and authentication/anti-counterfeiting markets with Mag-ID, the magnetic readable barcode based on ink. The objective of this action is to introduce Mag-ID as a cost-efficient alternative for high volume tracking & tracing, brand protection and inspection and to replace passive RFID as a cheap solution for high volume applications. Since magnetic barcodes are dirt resistant, the technology will replace some barcodes with a more reliable read. The technology allows for distance reading, which means that the information can be read through coatings, e.g. parts before and after a paint booth can be identified automatically with the same technology. This can be used for tracking and tracing of components in a subassembly e.g. in identification documents to ensure that personal data and pictures are matched in the process and after assembly. Together with a verification as a service platform, SMEs can provide authentication and validation services world-wide. Magnetic barcodes can replace many RFID solutions as they are environment-friendly without separate electronic device disposal. Within Mag-ID, the SME partners will demonstrate the results manifold: BOGEN Mag-ID one-shot reader in a volume application, INSPECTRON with evaluation modules for the Mag-ID brand protection, tracking and inspection solutions. INSPECTRON will move into a service-based business model, while BOGEN will create a separate business for a project-based model.