Revista de informática y biología de sistemas

Barcode Currency Notes in Future - Necessity and its Benefits

Abstract

Manikandakumar K, Gokul Raj K, Chidambaram R, Srikumar R, Vijayakumar R, Naveen Kumar C and Amirthavalli K

The black money, unaccounted money and fake money are obstacles to fastest-growing economies of a country especially the developing countries like India and reduction in the value of real money. The present study was aimed to propose a new system of advantage of currency notes imprinting with barcode and will it promote the economy of a country. Based on the analysis and review present study concludes that imprinting of barcode in currency notes will be a beneficial step for main economy growth of a country.