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Assistant Professor
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Secondly, Counterfeit notes are one of the biggest problem occurring in cash transactions.
For country like India, it is becoming big hurdle. Because of the advances in printing,
scanning technologies it is easily possible for a person to print fake notes with use of latest
hardware tools. Detecting fake notes manually becomes time-consuming and untidy process
hence there is need of automation techniques with which currency recognition process can
be efficiently done. Many techniques have been proposed with the use of feature extraction
with HSV colour space and other applications of image processing. We have implemented a
fake note detection unit with MATLAB algorithm. This paper is a based on the Image
Processing and UV LED’s to give solution for fake currency problem.
And lastly, we are also counting the numbers of each denominations or in other words this
machine also provides with the total amount of money present and in which all
denominations are done by using pattern recognition technique where we already stored
the pattern of the respected denomination and it identifies these denominations.
REFERENCES
www.ieeexplore.ieee.org.com
www.pantechsolutions.net
www.setra.com
www.europepms.org