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As counterfeiting technology moves full swing into the twenty-first century, mechanisms must be in place to secure our twenty-first century cash. It may no longer suffice to use our current counterfeit detection methods: visual scanning of colors and patterns, for example. The science and engineering experts on the NRC Committee offer solutions that range from near-term (the next seven years) to more long-term measures. Specific examples include:
While such changes won't come overnight, some of them will come within a decade or so. It will be interesting to see -- and feel -- the new $5 bill printed by the U.S. Treasury in 2008. Perhaps Abe Lincoln will smile and tip his hat. Additional Details For further details, see: A Path to the Next Generation of U.S. Banknotes: Keeping Them Real, Committee on Technologies to Deter Currency Counterfeiting, National Research Council (The National Academies Press, February 26, 2007). Available for free download at: http://books.nap.edu/catalog/11874.html.
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05/02/2007
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