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Tiny tags may foil funny money.

Publication: The Washington Times
Publication Date: 17-JUL-03 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Tiny tags may foil funny money.(BUSINESS)(TECHNOLOGY)

Article Excerpt
Byline: Fred Reed, THE WASHINGTON TIMES

In the technical press, readers repeatedly run into the assertion that the European Central Bank is considering incorporating into the euro tiny electronic circuits. The chips would give each bill a unique, electronically readable and counterfeit-proof serial number.

Privacy advocates say it would also make anonymous transactions a thing of the past.

Radio-frequency identification tags (RFIDs) exist, and work, though they have not been used in currency.

In one form, the tag consists of an inductor and capacitor to form a circuit tuned to the frequency of the reader. The energy comes...

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