Quantum Materials Corp. (fka QTMM)

[ih8aloss]

Dotz Nano is already on top of this market. However not much has happened to date with their QR code.
14 December 2017
DOTZ NANO FILES PATENT APPLICATION UTILISING
BLOCKCHAIN TECHNOLOGY AND GRAPHENE QUANTUM
DOTS FOR PRODUCT AUTHENTICATION AND VALIDATION
• Dotz Nano files provisional patent application with the U.S. Patent and Trademark
Office.
• Provisional Patent application describes utilisation of GQDs as anti-
counterfeiting/brand protection marker in conjunction with blockchain technology for
encrypted authentication and validation of GQD markers.
• Patent application was filed as preparatory for collaborations with blockchain
companies and commercialization of anti-counterfeiting/brand protection with
companies and potential end users.
• Patent application is part of Dotz Nano’s intention to expand its Intellectual Property
program.
Dotz Nano Limited (“Dotz Nano” or the “Company”), a nano-technology company focusing on the
development, manufacture and commercialisation of graphene quantum dots (GQDs), is pleased to
announce that it filed a provisional patent application with the U.S. Patent and Trademark Office for
the continued commercialisation of GQDs in anti-counterfeiting technologies, utilising its proprietary
technology for sophisticated anti-counterfeiting/brand protection applications.
The new methods and compositions further allow for covertly and/or forensically tagging products and
authentication and validation of said tagged product using encrypted blockchain technology.
The patent application describes the use of GQDs in a fluorescent ink to print a covert QR code that
will fulfill a two-part authentication/validation phase. By illuminating the product with a UV light, the
QR code will be revealed, and by scanning the QR code the product manufacturer’s website will be
contacted to establish if the product with the specific information digitised in the QR code is in fact in
sync with the product information listed on the manufacturers database. In an extended use of the
information, it can be seen if the product was already purchased earlier, alerting to the fact that the
product intended to be purchased is actually already registered, thereby inferring that the product
intended to purchase is actually a counterfeit.
Utilising blockchain technology as a de-centralised storage system guarantees complete
transparency of the manufacturer’s operations and protection against counterfeit products penetrating
the marketplace. As a result of using blockchain, a manufacture will not be able to produce “off the
books” products, and counterfeiters cannot use current product information to cover their counterfeit
production, and since blockchain allows for the information to be held on several storage sites, the
information cannot be hacked.
Blockchain stores information across a network of personal computers permanently which distributes
the information decentralising the network. In a decentralised system, there are numerous computers
that try to update the ledger, a collection of accounts that records every transaction. To add a block of transactions to the chains, each node maintaining the ledger solves a math problem created by the
cryptographic hash function which takes input of any size and creates an output of the fixed size.
What makes Blockchain hack proof is the millions of users of Blockchain. They make it difficult for
anyone to corrupt the network. Each block has a timestamp and a link to the previous block forming
a chronological chain reinforced through cryptography ensuring the records cannot be altered by
others. Due to the transactions needing multiple parties’ authorisation before acceptance, Blockchain
has a high degree of trust value
Figure 1- Printing QR Code with GQD enhanced fluorescent ink. QR code contains information on the product which when
scanned will direct to blockchain system for authentication and validation
See the video on the implementation of the QR code on the Company’s website “GQD enhanced QR
Code”, under “Media”, or Google “GQD QRcode”.
The Company is currently in discussion with several anti-counterfeiting/brand-protection and
blockchain technology companies for the implementation of its intellectual property. In addition, the
Company has retained a blockchain technology expert to consult on implementation.
Commenting on the patent filing, Dotz Nano’s CEO Dr. Moti Gross, stated: “In continuation of
our expanding commercialisation, we are penetrating the anti-counterfeiting/brand protection market,
with new technologies that implement the added value of our GQDs.”
“In this patent application, Dotz Nano shows how, by utilising GQDs in a fluorescent ink, we can print
a QR code that has specific information on it, for the authentication and validation of products.”
“Let’s say you want to buy an expensive watch. By illuminating the watch with a UV light, you can
see the covert QR code, scan it, be directed to the manufacturer’s website, and see if the information
is the same as listed on the watch. This will let you know if the watch’s protection status was
previously activated. If it was, you’ll be able to see if the specific watch with the specific information
was listed before, and if so, where the watch is currently located. That would mean that the current
watch you were authenticating is counterfeit. If the watch was not previously purchased, once you
bought the watch, you can “activate” ownership on the manufacturer’s registry. By using Blockchain
technology, all of the information is on a non-centralized storage and can therefore never be hacked.”
“Of course, this can also be done with any standard printed QR Code. However, the added forensic
security, where the GQDs in the fluorescent ink give a specific signature that is almost impossible to
replicate, makes this technology a powerful tool in the anti-counterfeiting/brand-protection markets.
The anti-counterfeiting GQD-QR codes cannot be counterfeited!”
“Dotz Nano is in discussions with several blockchain companies for collaboration on this new IP, as
well as with several high value product manufacturers for implementation of our newest technology. “We have also retained a blockchain expert to consult on the implementation of our technology to the
blockchain companies.”
“I look forward to informing the market on future development and commercialization of this intellectual
property.”
About Dotz Nano
Dotz Nano Limited (ASX: DTZ) is a technology company focusing on the development, manufacture
and sale of GQDs. Its vision is to be the premier producer of GQDs by producing and supplying high
quality GQDs for use in various applications including medical imaging, sensing, consumer
electronics, anti-counterfeiting, energy storage, solar cells and computer storage.
To learn more about Dotz Nano please view the website and our corporate video via the following
link: www.dotznano.com
For further enquiries, please contact:
Company Secretary
Mr. Peter Webse
[e-mail]
Telephone: [phone]
Corporate Advisors
Otsana Capital
108 Outram Street
West Perth WA 6005
Telephone: [phone]
Email: [e-mail]