Holograms help fight banknote counterfeiting
(04/07/2007)
Holograms are currently used by more than 90 issuing authorities on nearly 250 banknote denominations worldwide. Holograms have now been recognised in a special report by the US National Research Council as having a definitive role in the fight to combat banknote counterfeiting.
The report, entitled A Path to the Next Generation of U.S. Banknotes: Keeping them Real, has been welcomed by the International Hologram Manufacturers Association (IHMA). The report “identifies 21st century materials and technologies to deter 21st century counterfeiting of banknotes.”
According to the two-year study, the widespread availability of digital imaging and printing technologies has led to significant increases in casual counterfeiting, suggesting that dramatic changes might be appropriate in the way the United States designs and produces currency.
Included in the comments is a recommendation that currency features should be combined in different ways to provide a layered defence against counterfeiters. This should include “the addition of high technology optical devices that produce dramatic visual effect, such as diffractive optical variable devices” (the generic term for high security holograms).
The International Hologram Manufacturers Association (IHMA) is made up of nearly 90 of the world's leading hologram companies. IHMA members are the leading producers and converters of holograms for banknote security, anti-counterfeiting, brand protection, packaging, graphics and other commercial applications around the world.
Ian Lancaster, IHMA General Secretary, commented: “This report further cements the position of holograms and related devices as a fundamental security measure for banknotes and, by extension, other government issued documents that require protection against counterfeiters.”
Related topics: Crime and Fraud Prevention
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