Shiv Goyal
3 years 11 months ago
Respected PM Modiji,
Fake currency gives rise to both economic and real terrorism. After demonetisation, it is time to now take further steps to curb the same.
Towards this, I have made a security feature (combining QR, OCR, mathematical algorithms) and a mobile app / API to detect the same. This has the potential to eliminate printing of fake currency as the cost of copying it is prohibitively high - it will not make economic sense to copy the security feature. Also, with the mobile app / API - every Indian will be enabled to detect the fake currency .
Visually speaking, it can be a Sardar Vallabhbhai Patel ji photo in form of a QR on the physical currency for a normal eye with codes that can be deciphered only by the special mobile app/ API.
I have developed the prototypes: physical cash with security feature and the mobile app / API.
Regards
Shiv Goyal
ex ICICI , HDFC , AXIS bank .
MBA - MDI , Gurgaon.
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