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Dynamic Covert Information to Increase QR Code Security

QR CODE SECURITY FOR PAYMENTS & TRANSACTIONAL PROCESSING

QR Code Security for Payments & Transactional Processing QR codes are becoming ubiquitous in today’s digital world. There is an increasing usage of QR codes in transactional systems like digital payments, crypto-currency and identification. While QR codes use is on the rise, there remains an inherent weakness. QR codes do not contain any mechanism for proof of origin and non-repudiation of authorship. Such security concepts are standard in modern IT systems, however, billions of QR codes are generated and used without way to a‑rm the source and authorship of a QR code.

This vulnerability is due to the fact that QR codes are easy to create using simple generation applications easily accessible on the internet. Actors with nefarious motives can create QR codes spoofing sites, disrupting services, and committing fraud. The explosion of QR code incidences of hacked systems and QR code fraud will no doubt follow.

We can offer this proprietary information to the companies provide QR code based payment services as interesting prices and innovative ways, so that they can easily integrate this service into their existing payment workflow.

Solution Unique Private Tokens

Patented Unique Private Tokens (also called TrackMatriX®CYCLE) provide a countermeasure to the security weakness inherent in QR codes. Unique Private Tokens exist in a second invisible layer within a standard QR code and the QR code functions identical to a standard QR code.

Key Features:

  • Proof of Origin
  • Non-reputable
  • Claim of Authorship
  • Public / Private Layers
  • 100% Compatible
  • Strong Encryption
  • Trust
  • Fraud Detection
  • Online / Offine QR generation
  • Tracking
  • Multipurpose

Application Example

The special secure QR code contains overt and encrypted covert information. While for online transactions overt and covert can change, it is also possible to keep the overt information static, while the covert information is changing.

The overt data will show the data relevant for the payment, however the encrypted covert information contains the time stamp of transaction, which can change at a pre-set time interval.

About

NanoMatriX

NanoMatriX develops and provides unique and highly customizable anti-counterfeiting and consumer engagement solutions. The adaptable anti-fake, antipirate and smart packaging solutions contain physical security features on products or packages as well as digital tokens. High performance and ease-of-use or our systems are warranted by applying Machine Learning, Internet of Things and Blockchain.

Example 1: TrackMatriX® CYCLE with wine glass
animation

Example 2: TrackMatriX® CYCLE with cosmetic brand animation

ROBUST SECURITY

We are proven experts who can deliver strong proprietary anti-counterfeit and consumer engagement solutions.

FLEXIBILITY

We offer wide range physical and digital token security features enhanced by driven by blockchain, artificial intelligence or internet of things.

USABILITY

TrackMatriX® codes can be deployed and used effortless in different QR code formats (GEO, LOCK or NFC) tags.

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