Home > News > NCR spins off company to combat counterfeit cash
April 12th, 2007
NCR spins off company to combat counterfeit cash
NCR Corp. is spinning off a new company that is developing a technology capable of combating the counterfeiting of cash, pharmaceuticals and military parts, the new company's CEO said Thursday.
Prime is developing a nano-technology that has its origins in NCR labs, Ricci said. Essentially, the process — known as LumID or luminescent identifier — creates very tiny glass beads with "chemical tags" allowing whatever has been embedded with the beads to be accurately identified, he said.
"Think of it as a bar code encased into a tiny glass bead," Ricci said.
Evidence mounts for quantum criticality theory: Findings bolster theory that quantum fluctuations drive strange electronic phenomena January 30th, 2015
Everything You Need To Know About Nanopesticides January 30th, 2015
DNA nanoswitches reveal how life's molecules connect: An accessible new way to study molecular interactions could lower cost and time associated with discovering new drugs January 30th, 2015
Crystal light: New light-converting materials point to cheaper, more efficient solar power: University of Toronto engineers study first single crystal perovskites for new solar cell and LED applications January 30th, 2015