| Copy-proof non-cloneable ID cards from Bilcare As security takes top priority before the Commonwealth Games, over 80,000 members of the Delhi Police will hold non-cloneable identity cards. Equipped with nonClonableID fingerprints, the ID cards are secure, as the technology cannot be copied, or reproduced by even the company that has supplied the technology, says Dr Praful Naik, Executive Director with Bilcare, the Pune-based company that has developed the technology. Listing out a host of government agencies that have evinced interest or have adopted the technology, Dr Naik told Business Line that Bilcare had made technical presentations to the RBI (looking to tackle the fake currency problem), besides approaching the Armed Forces that are looking for non-cloneable IDs. The company is also working with agro-chemical, pharmaceutical and liquor companies in India and abroad. The technology involves randomly embossing micro and nano particles, made difficult to copy by the different shapes and sizes of the particles, and by increasing the randomisation, Dr Naik explained. At the client-end, the genuineness of a product carrying this technology can be authenticated using a reader — a device no larger than a mobile phone. The signature ID is read, and sent, encrypted, to a database to confirm the genuineness of the product, he said. The reader-device in the Delhi Police project costs about Rs 12,000, he said, but that price is expected to come down as volumes increase, he added. If there are 100 different packs of the product, they will all have different fingerprints, and the identification, tracking and authentication happens in real-time, he reiterated.Since cost often restrains companies from adopting new technologies, Dr Naik clarified, that to carry the non-cloneable fingerprint on a medicine strip of 10 tablets will cost an additional Rs 1.50, or 15 paise a tablet. In fact, the ID project of the Delhi Police, costs only about Rs 1.5 crore, he said, but it is a significant project. The Council of Scientific and Industrial Research (CSIR) had asked Bilcare to evaluate its non-cloneable technology, after the terror attacks in Mumbai- when multiple ID cards were found, he said. Even the Delhi Police project was not merely with the Commonwealth Games in mind, but to plug the potential of security breaches, he added. While the Delhi Police project would help inspire confidence for other States to follow, he said Bilcare is exploring other local and overseas opportunities, including ration and BPL (below poverty line) and land registration cards, for instance, to weed out the fakes. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |
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http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
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