Carmarthenshire-based Haydale Graphene Industries PLC (LON:HAYD) has filed a UK patent application for its anti-counterfeiting technology.
The company’s PATit technology uses proprietary software codes and a speciality graphene-based transparent conductive ink. This enables counterfeiting devices to read its unique ink when printed onto a product label or other material.
The verification of a product is carried out using a smart phone or tablet which has downloaded a special API code that enables the reader to measure the encoded graphene-based ink.
The application will now be able to begin discussions on commercial applications of the technology.