Indian Fake Currency Note Recognition
Sushil Mahato, Satan Kumar Yadav, Prince Kumar · International Journal of Research Publication and Reviews · 2024
Currency counterfeiting has now become one of the biggest threats to individuals' economic well-being and to the economy of India in general.Devices for detecting counterfeit currency exist; however, their use is confined primarily to banks and corporate establishments, leaving the general population and small enterprises exposed.Present research attempts to analyze various features of Indian currency notes to authenticate them and then provides a software-based method to detect and nullify fake Indian currency using advanced image processing and computer vision algorithms.The proposed system of authentication of currency notes is implemented in the Python programming language and developed within the Jupyter Notebook environment.The backbone of this project is image processing technology and its application in verifying genuine currency notes.Specific features will be extracted from the notes to detect counterfeit currency by the software.The efficiency of the software can be measured regarding the accuracy and speed at which it processes the information.