Taggants – The Machine Readable Anti-Counterfeiting Solution for Coins
Coin counterfeiting is commonplace and almost epidemic in some countries because current anti-counterfeiting methods are unreliable. Very few methods for coin anti-counterfeiting exist and those that do allow many counterfeit coins into circulation.
Taggant technology, which has been used to secure paper currency, tax stamps and consumer goods for many years may be an anti-counterfeiting solution for coins as well. The security and reliability of taggants have been proven in many sectors and might be the next generation solution for coins. A reliable anti-counterfeiting solution for coins could save many countries millions of dollars every year and help fight crime.
Scientists have generally not explored taggant technology for coin anti-counterfeiting because coins pose unique challenges for taggant technology that do not exist with paper currency. These challenges take root in the physical properties of coins and how they are manufactured. Taggants that can withstand metalwork and electric energy produced by coins are much rarer than the high security taggants used for ink and paper.
Because of the challenges described above, the process of researching and incorporating taggants into coins will require more time and money than paper documents. None-the-less, exploring taggant technology as an anti-counterfeiting solution for coins is worthwhile due to the high rate of coin counterfeiting and the longevity of coin circulation.
Taggant technology, which has been used to secure paper currency, tax stamps and consumer goods for many years may be an anti-counterfeiting solution for coins as well. The security and reliability of taggants have been proven in many sectors and might be the next generation solution for coins. A reliable anti-counterfeiting solution for coins could save many countries millions of dollars every year and help fight crime.
Scientists have generally not explored taggant technology for coin anti-counterfeiting because coins pose unique challenges for taggant technology that do not exist with paper currency. These challenges take root in the physical properties of coins and how they are manufactured. Taggants that can withstand metalwork and electric energy produced by coins are much rarer than the high security taggants used for ink and paper
Processing your request, Please wait....
