Vision Based Banknote Recognition System

Abstract

Abstract: People who are visually impaired face great difficulties in recognizing banknotes for day-to-day transactions as the texture and shape of many banknotes are very similar. Also, the Indian currency system does not have a separate banknote in circulation that might help people who are visually disabled. This paper presents a real-time Indian currency detection system for visually impaired persons. The proposed work makes use of the vision-based system to facilitate the visually impaired people to prosperously recognize banknotes. In this paper, a recognition system is implemented by making use of various machine learning and deep learning approaches which can produce an accuracy of up to 90%. In this system, totally two experiments are carried out on the banknote’s image. The first one is the analysis of the different regions of the banknote, the second experiment is the examination of the banknote image which was captured using a camera in a regulated environment. Our system is extended to support the visually impaired people by executing a “Voice-based assistance system” which would help us in giving the voice output. This system can identify all the seven banknotes used in India and exhibit the result with both textual and auditory output. People who are visually impaired will be able to easily use it in daily transactions.