The project consortium consisting of INESC-MN (project coordinator since Aug 1st, 2020, RTO), BOGEN-Magnetics (replacing Bogen-Electronics since October 1st 2020, SME),INSPECTRON (SME) and RLS (new entry in 1 October 2020, Industry) is working on bringing the novel identification solution for track & trace, anti-counterfeiting and product verification to market.
INSPECTRON had developed a magnetic ink barcode reader and has implemented this in a project before the MagID project. BOGEN had developed with INESC a new technology to read magnetic ink with TMR sensing technology in a previous project. RLS is exploring advanced TMR sensors for the next generation of magnetic encoders.
Combining these approaches results in a disruption for the identification and authentication/anti-counterfeiting markets with MagID, the magnetic readable barcode based on ink.
The objective of this action is to introduce MagID 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.