Hologram Industry News

When it comes to intellectual property theft and piracy, most people think of movies and high-end handbags- but what if the brakes on your car were fake? Clearly, the auto parts industry has a piracy problem. The FBI estimates that the auto industry loses $12 billion in annual sales due to counterfeiting. China accounts for $9 billion of counterfeit auto parts loses. Counterfeit Auto Parts is the selling of unauthorized parts to be used in repair and maintenance of an automobile.

What are fake parts?
Virtually every automotive part has turned up in counterfeit trade, including windshield glass, brake fluid, brakes, headlights, taillights, emissions components, tires, belts, hoses, alternators, sheet metal and suspension parts. The extent of it being that an entire car was copied, manufactured and sold not as a Chevy but as a “Chery QQ,” with plans for export. What’s different now is the sophistication of the industrialization taking place in emerging economies while manufacturing in these areas has developed, the concept of intellectual property has not.

What Should Be Done?
Manufacturers should create a team that focuses on anti-counterfeiting strategy. This should include registration of trademarks and copyrights, and strategy for enforcement of intellectual property rights. Also, anti-counterfeiting technology should be employed, to ensure that genuine products are readily identifiable. Use of various markings and anti-theft devices (holograms, RFID tags, etc.) is essential, that would distinguish a genuine product from a fake one…. more

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Despite the increasing use of electronic payments, currency retains an important role in the payment system of every country. However, today, the crime of counterfeiting currency continues to present a potential danger to national economies and financial losses to consumers at large. Recent seizures of large quantities of counterfeit bank notes reported in the press, suggest that, there has been a dramatic increase in the scale of currency counterfeiting in India. Thus, to sustain public confidence in a circulating currency, banknotes must contain features that the public can use to readily judge their authenticity and determine the notes’ denominations.
In this article we study counterfeit money & its threat to society, explore the characteristic of an ideal currency & then examine real world considerations that affect currency design. We also compare and contrast design features in bank notes issued by monetary authorities of various countries, to deter counterfeiting, including India.

History Of Counterfeit Money And Its Effects
Banking in India started as an activity among the European traders, chiefly the East India Company in the early 18th century. The first bank to employ the concept of paper money was a bank set up in Calcutta by Governor Warren Hastings in c. 1770 AD. However, the idea of issuing paper currency by the Government was promulgated by Sir James Wilson, the Finance Member in the Executive Council of the Viceroy, in 1859. Accordingly, an act was passed in 1861, empowering the Government of India to issue currency notes. However, world over, with the invention of a banknote, arose another problem-that of counterfeiting. The crime of counterfeiting currency is as old as money itself. Modern counterfeiting began in 1650 A.D, when paper money was first developed. Initially nations used it as a means of warfare, to overfl ow the enemy’s economy with fake bank notes, so that the real value of the money decreases. However, in the late twentieth century, with the invention of advanced machinery such as color copiers & other electronic devices, counterfeiting became easier and further flourished.
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counterfeit-detterence-currency-design-in-india-abroad.pdf

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The 20th Holopack-Holoprint will be held on Nov 11-13, 2009 at Budapest, Hungry, the Birth place of Dr. Dennis Gabor (1900) who invented the hologram in 1947.

It’s 20 years since the first Holo-pack•Holo-print, during which time holograms have significantly developed and emerged as one of the most effective anti-counterfeiting and authentication devices used by public and private sector organisation the world over.

Holography is amongst one of the few industries which has tremendous opportunities, but is also subject to rapid advancement and innovation. The pace of change and innovation in holography has quickened in recent years, so the theme of this year’s event will be ‘Holography: the next 20 years’. This will allow the industry to look at new strategies that will sustain holograms as the pre-eminent document protection and brand anti-counterfeiting device, to develop and grow in other established applications and to find new applications in the face of the toughest economic downturn for more than 70 years.

Holopack∙Holoprint 2009 will see hologram producers, strategists, business development executives, artists and designers as well as origination, production and finishing equipment suppliers attending. Holo-pack•Holo-print 2009 will also host the annual International Hologram Manufacturers’ Association Excellence in Holography Awards. These recognise outstanding industry achievement and are given to those organisations that have introduced the most innovative or commercially viable hologram product or technique over the past year.

For more information, visit at http://www.holopackholoprint.info