Smart Paper Makes Traceable Money Possible RFID chips embedded in paper herald the future of trackable smart money JEREMY HSU02 MAY 2013 in Spectrum IEEE
A simple act of cash changing hands could become a lot less private. U.S. researchers have developed a new way of embedding traceable chips within “smart” paper—raising the possibility of banks and governments guarding against counterfeiting and even tracking the usage of paper money.
The new method of embedding radio frequency identification chips (RFID) in paper came from North Dakota State University in Fargo. Researchers used a patent-pending technology—called Laser Enabled Advanced Packaging (LEAP)—to transfer and assemble the traceable RFID chips on paper. Such “smart” paper could lead to new types of banknotes, legal documents, tickets and smart labels. .... '
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