| privacy 2003-05-23 |
| The European Central Bank (ECB) is considering embedding tiny radio tags into euro notes in a bid to combat counterfeiters and money launderers, a report today notes.
The ECB is in talks with Hitachi, whose 0.3mm "mu-chip" responds to radio signals by sending out a 128-bit number. This information could include a serial number and date and place of origin. It could also be used to track the note as it wends its happy way around the EU. |
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