The concept of measuring how much ink appears as the text passes a vertical slot came back again in the 1950s. MICR codes, the numbers that appear on checks, are read that way. [1] Or at least were in the original implementation. The ink was magnetized and the paper went past a one-track magnetic tape head. The waveform for each symbol is unique. The recognizer is more like a bar code reader than an OCR system. There…
[1] https://smartcheque.com.au/general-info/about-micr/micr-char...