Abstract
Visually impaired and senior citizens find it difficult to identify different banknotes, driving the need for an automated system to recognize currency notes. This study proposes recognizing Indian currency notes of various denominations using Deep Learning through the CNN model. While not recognizing currency notes is one issue, identifying fake notes is another major issue. Currency counterfeiting is the illegal imitation of currency to deceive its recipient. The current existing methodologies for identifying a phony note rely on hardware. A method completely devoid of hardware that relies on specific security features to help distinguish a legitimate currency note from an illegitimate one is much needed. These features are extracted using the boundary box region of interest (ROI) and Canny Edge detection in OpenCV implemented in Python, and the multi scale template matching algorithm is applied to match the security features and differentiate fake notes from legitimate notes.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
