EUROTHENTIC

"Development of a Secure, Modular, Cash Checking Machine"

Coordinatore	PRESIGHT SOLUTIONS AS    more  Organization address address: MIDTBERGVEIEN 2 city: SANDNES postcode: 4313 contact info Titolo: Mr. Nome: Jan Petter Holst Cognome: Johnsen Email: send email Telefono: +47 51 44 47 44
Nazionalità Coordinatore	Norway [NO]
Totale costo	1˙507˙830 €
EC contributo	1˙143˙085 €
Programma	FP7-SME Specific Programme "Capacities": Research for the benefit of SMEs
Code Call	FP7-SME-2011
Funding Scheme	BSG-SME
Anno di inizio	2011
Periodo (anno-mese-giorno)	2011-10-01   -   2013-11-30

 Partecipanti

#	participant	country	role	EC contrib. [€]
1	PRESIGHT SOLUTIONS AS  Organization address address: MIDTBERGVEIEN 2 city: SANDNES postcode: 4313 contact info Titolo: Mr. Nome: Jan Petter Holst Cognome: Johnsen Email: send email Telefono: +47 51 44 47 44	NO (SANDNES)	coordinator	467˙614.00
2	V-VIZ LIMITED  Organization address address: WELSH ROAD BUNKERS HILL city: LEAMINGTON SPA postcode: CV33 9BE contact info Titolo: Mr. Nome: Mark Cognome: Worlidge Email: send email Telefono: +44 1926 611740 Fax: +44 845 121 8717	UK (LEAMINGTON SPA)	participant	335˙774.00
3	PHOTOVOX SRL  Organization address address: VIA BELMONTE 1 city: VALPERGA (TO) postcode: 10087 contact info Titolo: Ms. Nome: Mara Cognome: Spinelli Email: send email Telefono: +39 0124 653 811 Fax: +39 0124 616289	IT (VALPERGA (TO))	participant	278˙772.00
4	CASHGUARD AB  Organization address address: Finlandsgatan 16 city: Kista postcode: 16474 contact info Titolo: Mr. Nome: Björn Cognome: Eriksson Email: send email Telefono: +46 8 732 22 00	SE (Kista)	participant	45˙390.00
5	OSAUHING EESTI INNOVATSIOONI INSTITUUT  Organization address address: SEPAPAJA 6 city: TALLINN postcode: 11415 contact info Titolo: Mr. Nome: Lauri Cognome: Nirgi Email: send email Telefono: 3726101014	EE (TALLINN)	participant	6˙276.72
6	"ASOCIACION INDUSTRIAL DE OPTICA, COLOR E IMAGEN"  Organization address address: NICOLAS COPERNICO - PARQUE TECNOLOGICO 7-13 city: "PATERNA, VALENCIA" postcode: 46980 contact info Titolo: Ms. Nome: Maria Rosario Cognome: Penadés Email: send email Telefono: 34961318051 Fax: 34961318007	ES ("PATERNA, VALENCIA")	participant	4˙674.51
7	Nor-Tek Teknologisenter AS  Organization address address: GAUSTADALLEEN 21 city: OSLO postcode: 349 contact info Titolo: Dr. Nome: Ulrike H. Cognome: Lueder Email: send email Telefono: +47 95 96 54 54	NO (OSLO)	participant	4˙583.77
8	FRAUNHOFER-GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V  Organization address address: Hansastrasse 27C city: MUENCHEN postcode: 80686 contact info Titolo: Mr. Nome: Christoph Cognome: Schulte Email: send email Telefono: +49 89 1205 2728 Fax: +49 89 1205 7534	DE (MUENCHEN)	participant	0.00
9	ZD MECHATRONICS SRL  Organization address address: VIA UGO FOSCOLO 4/B city: AGRATE BRIANZA postcode: 20041 contact info Titolo: Mr. Nome: Renzo Cognome: Zaltieri Email: send email Telefono: +39 02 95746283 Fax: +39 02 95744254	IT (AGRATE BRIANZA)	participant	0.00

Mappa

 Word cloud

Esplora la "nuvola delle parole (Word Cloud) per avere un'idea di massima del progetto.

 Obiettivo del progetto (Objective)

'The euro represents the largest currency in circulation in the world and therefore an attractive target for counterfeiters with both the number and sophistication of counterfeits increasing since the euro’s introduction in 2002. To fight counterfeiting, the European Central Bank has implemented strict requirements under the Banknote Recycling Framework which require that no counterfeit notes are re-circulated by cash handling devices. In Northern Europe, today approx 15 000 point of sales systems are already equipped with both coin and note recycler systems and market in Europe is at a tipping point where self-service and self-checkout systems are gradually gaining in acceptance as a mainstream retail technology. These systems, integrated with the proposed EUROTHENTIC Cash Checking Machine system, will enable efficient and secure recycling of money. The advantages for the stores are secure and lower cost for cash handling due to amount of cash in store is reduced and also back-office work and CIT will be minimized. This will also enable cash back function - consumers to be able to withdraw cash directly at checkouts. While automated systems for validating bank notes are currently available, they have yet to find wide acceptance in the retail sector due to high capital costs and in particular performance considered slow by the sectors standards. The EUROTHENTIC project aims to overcome the current technical barriers to wide scale adoption of cash authentication technology by creating a low-cost, retrofitable cash validating module. The module will have the capability for high performance note processing and image recording, intelligent image analysis utilising a neural network approach and secure networking to provide remote system updates and a database facility for the secure tracking of bank note serial numbers and other characteristics such as location and time.'

Introduzione (Teaser)

A novel automated system for checking bank notes, in an effort to prevent counterfeit, shows promise for cash handling operations in stores.