Sweden considers RFID in banknotes
December 16th, 2005

Due to a number of money transport robberies in recent years, the Swedish national bank is considering adding RFID tags to their banknotes.

Several types of tags are under consideration: a passive id-tag for tracking stolen banknotes would form a first step; later they are considering tags that are de-activated during transport and storage and only activated once the banknotes are paid out from a cashpoint.

Via RFIDbuzz.

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Comments
1 - TM Lutas

The reader/activator will be a hot property for muggers, don’t you think? It would be very nice to know how much cash is in the safe, too!

Convergence of objects

Someday your money will talk to you… The media convergence is well-known. For example TV and computer grow together. The same happens to our money. The use of electronic money like credit cards or paypal has increased the last…

Convergence of objects

Someday your money will talk to you… The media convergence is well-known. For example TV and computer grow together. The same happens to our money. The use of electronic money like credit cards or paypal has increased the last…

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