Advanced materials group firm Haydale has filed a new patent application in the UK for PATit anti-counterfeiting technology.
The technology uses in-house software codes and a speciality graphene-based transparent conductive ink.
With the filing of the patent application, the company will be able to start discussions on the commercial applications of the anti-counterfeiting technology in the packaging market.
Haydale CEO Ray Gibbs said: “This filing allows us to start commercial discussions with potential customers for our speciality graphene-based inks developed by our Thailand operation.
“The Asia-Pacific region is forecast to be the fastest growing region for anti-counterfeiting packaging and we are ideally placed to maximise on this exciting and growing market opportunity.”
Haydale’s new technology is capable of assessing the authenticity of the product by enabling an anti-counterfeiting device to read Haydale’s transparent ink when printed onto a product label or any other material.
The product is verified using a special API code downloaded in a smartphone or tablet to measure the encoded ink.
The company noted that the ink does not modify the packaging design of the product.
Gibbs added: “We are exploring areas of interest from governments and producers seeking to protect brands and reduce the growing incidence of counterfeit goods.
“The immediate targets for licensing of our technology will be in markets such as tobacco, pharmaceuticals, and food and beverage.”
Haydale operates six facilities across the UK, US and the Far East.