January 06, 2002
Euro bank notes to embed RFID chips by 2005
Euro bank notes to embed RFID chips by 2005
The European Central Bank is working with technology partners on a hush-hush project to embed radio frequency identification tags into the very fibers of euro bank notes by 2005, EE Times has learned. Intended to foil counterfeiters, the project is developing as Europe prepares for a massive changeover to the euro, and would create an instant mass market for RFID chips, which have long sought profitable application.
Posted by rshah at January 6, 2002 12:00 PM