A system that prevents theft of electronic equipment and can make money worthless
Abstract
An SME from Northern Sweden is developing a system for secure handling of value carrying units in circulation. The system makes it possible to identify, trace and follow value carrying units of all kind (passports, credit cards, ID-cards, banknotes etc)
The technology is based on short-range radio frequence communication.
A microchip on the unit responds to readers in various applications connected to digital converters. Signals are encrypted. The company wants to find partners for licensing
Description
The system can mark for example electronic equipment so that theft and resale is impossible.
The system and technology holds a potential to monitor transactions and follow the movements of value carrying unit (passports, credit cards, ID-cards, banknotes etc ) worldwide. It will minimise the need for security and the risk of theft.
Data fraud can be minimised and old transactions traced. The value unit can be cancelled for future transactions if it has been misused.
The system can be introduced globally in many different applications and markets, distribution systems and supply organisations.
The company wants to find partners willing to take a license and work with future development of new applications, both software and hardware.
Innovative Aspects:
The description of the short range radio frequence communication applications gives a number of new functions described in the patent. Some of these are:
- Multi-read functions.
- Anti-theft marking system.
- Microchip embedded functions.
- The system supports coding and encrypting options in the microchip.
- The system supports bit-rate failure with an accuracy that can be preset in the microchip settings.
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