The use of RFID to track currency a bad idea. Getting the chip technology compatible with currency handling requirements will be difficult. Protecting it against hackers with cheap and effective electro-magentic pulse equipment will be next to impossible.
A cheaper and more robust solution would embed random length and oriented glass/plastic fibers in the paper. When exposed to a line illuminator as it is passed through a verifier, each bill would have a unique "illuminate here" - "light comes out there" signature that can be read out and matched to a DB generated at the mint. Because of the fiber's resilience it will be more difficult to damage or thwart than RFIDs. steve At 12:23 AM 1/2/2002 -0500, Matthew Gaylor wrote: >Euro bank notes to embed RFID chips by 2005 >By Junko Yoshida, EE Times >Dec 19, 2001 (5:14 AM) >URL: <http://www.eetimes.com/story/OEG20011219S0016> > >SAN MATEO, Calif. - The European Central Bank is working with technology >partners on a hush-hush project to embed radio frequency identification >tags into the very fibers of euro bank notes by 2005, EE Times has >learned. Intended to foil counterfeiters, the project is developing as >Europe prepares for a massive changeover to the euro, and would create an >instant mass market for RFID chips, which have long sought profitable >application. --- You are currently subscribed to e-gold-list as: [email protected] To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
