Abstract

The counterfeit banknote is a growing threat to the society since the advancements in the field of computers, scanners and photocopiers, as they have made the duplication process for banknote much simpler. The fake note detection systems developed so far have many drawbacks such as high cost, poor accuracy, unavailability, lack of user-friendliness and lower effectiveness. One possible solution to this problem could be the use of a system uniquely linked to the banknote itself. In this paper, we present a unique identification and authentication process for the banknote using chaotic elements embedded in it. A chaotic element means that the physical elements are formed from a random process independent from human intervention. The chaotic elements used in this paper are the random distribution patterns of such security fibres set into the paper pulp. A unique ID is generated from the fibre pattern obtained from UV image of the note, which can be verified by any person who receives the banknote to decide whether the banknote is authentic or not. Performance analysis of the system is also studied in this paper.

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