Now The Public Can Detect Fake Banknotes!

Published June 3rd, 2020 - 07:12 GMT
(Shutterstock/ File Photo)
(Shutterstock/ File Photo)
Highlights
Crane Currency has created a specially-designed micro-optic lens that focuses on an icon or image underneath.

A US company has developed a new technique that allows the general public to detect counterfeit banknotes.

Studies say that during a typical cash transaction, people glance at banknotes for about a second. The US-based company Crane Currency has created a specially-designed micro-optic lens that focuses on an icon or image underneath; the technology makes an image appear in 3-D and animates it as the note is moved around.

According to the Tech Xplore website, Crane Currency has designed a number of banknotes incorporating 3-D micro-optic security features, including currency in Uzbekistan and an award-winning note in circulation on the Caribbean island of Aruba.


These have been in circulation for about a year and this study is the first to confirm the reliability of the new security feature from a user point of view, reported the German news agency (dpa).

The Tech Xplore website cited Jane Raymond, professor of Visual Cognition at the University of Birmingham, as saying: "Most people trust their banknotes, are usually in a hurry, and often handle cash in places where the lighting is bad. So, in many situations, it's not so hard to miss a fake banknote."

"Security features need to give people fast, easy-to-see signals that work under all sorts of lighting conditions," she added.

This article has been adapted from its original source.

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content