circle.ch :: Radio ID chips may track banknotes

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2013-05-11T15:38:07

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23. May 2003

Radio ID chips may track banknotes
Technology (wiki) - urs @ 22:41:03

[via slashdot.org, 1] RFID is fascinating and today I read about the idea of embed such chips with antennas in banknotes. As with the Euro, this might become a solution.

Businesses finds it hard to judge a note's authenticity, as current equipment cannot tell between bogus currency and old notes with worn-out security marks. Among the security features in the current euro are threads visible under ultraviolet light. [..] The main objective is to determine the authenticity of money and to stop counterfeits [..] [2]

So watch the RFID builders stocks. Unfortunately I do not own the patent [2].

[1] http://slashdot.org/articles/03/05/23/1347204.shtml?tid=126&tid=98&tid=99
[2] http://news.com.com/2100-1019_3-1009155.html
[3] http://l2.espacenet.com/dips/viewer?PN=WO0054209&CY=ch&LG=en&DB=EPD