eldavojohn writes "MIT Researchers have unveiled a new potential replacement for barcodes. Using an LED covered with a tiny mask and a lens, these new bokodes can be processed by a standard mobile phone camera and can encode thousands of times more information than your average barcode. New applications are being dreamed up by the team. Dr. Mohan of MIT said, 'Let's say you're standing in a library with 20 shelves in front of you and thousands of books. You could take a picture and you'd immediately know where the book you're looking for is.'"