In our time Modern technology plays an effective role as one of the currency security elements against counterfeit, Making it an added value in combating counterfeiting and securing currency against fraud Thus preserving the global and national economy and preventing many crimes that result from currency counterfeiting, Japan's Hitachi has developed a micro-chips that identify radio frequency (RFID) 60 microns and operate at 2.45 GHz, which does not require any external antenna, Allowing the inclusion of tracking and identification chips within banknotes, tickets and other paper products. [1]
The micro-chips RFID has been added to the Euro, Japanese Yen, US Dollar and Australian Dollar Currencies to increase their security alongside with the currency common security components.
Hence, the problem of the research is that the Egyptian banknotes does not guarantee the technology of micro-chips RFID IC tags to increase its security properties, especially larger denomination banknotes such as the hundred and two hundred Egyptian pounds, which is the first target of the forgers, which is always trying to falsify and print.
The research used an analytical, descriptive approach based on the description and analysis of the RF-IC tags and the experiences of countries in integrating this technology into their banknotes in order to achieve the desired results.
The research aims to shed light on the importance of the use of microchips RFID IC tags as a value added to Egyptian paper currency to raise the banknote security level in accordance with the currency denomination. In order to achieve the objective of the research, the research plan included the following axes:
The first axis: Definition of RFID technology and its types
The second axis: Micro-RFID chip from Japanese Hitachi
Axis 3: Banknotes containing the micro - RFID chip
Axis IV: A proposed model for the 200-pound banknote to integrate the micro RFID chip as an added value to its current security elements.
The research has yielded the following results: The embed of micro-chip RFID into banknotes will increase the security levels of the banknote, the difficulty of fraud and the speed of discovery of the fraud. also Microchip RFID technology will make it easier to read and verify the banknotes through the banks' And ATMs.