FP7 SAFEMETAL project is dedicated to the development of coin-validation system. It includes advanced signal processing and data fusion techniques, development of planar electro-magnetic sensors and pulse eddy-current measurement techniques with increased field sensitivity.
Counterfeit of euro coins is increasing steadily. There are about 14 illegal mints discovered and over 80 classes of counterfeit coins and corresponding tooling and working methods are identified. Obvious that a lot of counterfeit manufacturing facilities still remain in operation. In order to increase the security recent European standards reduce the spread of parameter values. This represents a great problem for manufacturers of coin validators used in vending machines and bank coin sorting machines.
The developing in SAFEMETAL project metal validation technology is based on conductivity measurement techniques. It allows to distinguish increasingly sophisticated counterfeit and the tightly specified genuine coins and to characterize the metal quality.
The project is lead by Ardoran (Estonia), technical management is provided by Technical University of Crete (Greece).
The results of this work and all rights will belong to Ardoran, EDIS (Slovakia), Dunvengan (UK).
The end-user is represented by Algosystems S.A. (Greece.
The research and development is fulfilled by Electronics Design Ltd. (Estonia), Riga Technical University Department of Engineering Mathematics (Latvia), Telecommunications Systems Institute, University of Cyprus, A.S. Metrosert (Estonia), Tallinn University of Technology, Thomas Johann Seebeck Department of Electronics (Estonia).
The basic scientific and technical objectives of the project are: