Visualant Spectral Pattern Matching
Easy to build authentication database
Fast and accurate in the field
SOURCE: Intellectual Property, Visualant Business Plan, 2011
barcode technology can deliver. Consider a single, invisible small dot carrying pieces of coded identity information, located on a security pass, passport, or shipping container.
Imagine a technology that can help define and diagnose disease; determine the health of a plant or the environmental quality of a substance.
Imagine a small device the size of a pen used to identify illicit substances, counterfeit money, and stolen/knock-off goods.
Real World Applications
n Currency Counterfeiting
The U.S. Treasury recently ruined 30% of a recent printing of $100 bills because they were too hard to print.
With automated spectral pattern imaging, costly counterfeit measures would not be necessary. Visualant’s technology is capable of identifying counterfeit currency without adding new layers of ink, watermarks, holograms, or other methods of security that sophisticated criminals always seem to beat.
n Credit Card/Debit Card Fraud
In 2010 the Credit Card Industry association reported $12 billion in fraud against their issuing banks and financial services companies. A significant part of this fraud was perpetrated using fake cards. ATM debit card fraud is reaching $5 billion a year.
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