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RFID Tags in Euro Banknotes

Posted by michael on from the mugger's-delight dept.

psychictv writes "CNET News.com is reporting that Euro notes could be embedded with RFID tags in the future. 'RFID (radio frequency identification) tags also have the ability of recording information such as details of the transactions the paper note has been involved in...'" The EU has been considering this for a while. You'll never even know they're there.

4 of 475 comments (clear)

  1. New mugging tool by maddogsparky · · Score: 5, Insightful
    Great. Now muggers and pick pockets will be able to use technology to identify prime targets.

    --
    science is a religion
  2. RFID tags that record? by jonbrewer · · Score: 5, Insightful

    "RFID (radio frequency identification) tags also have the ability of recording information such as details of the transactions the paper note has been involved in."

    I think you'd be hard pressed to find an RFID tag that could record transaction information inside a bill. You'd need an external device to do the recording.

  3. Robberies by KDan · · Score: 5, Insightful

    That would make robberies pretty pointless. If your cash register knows what money is in it, you can press the button to say "it was all stolen" and then no other connected cash register will accept that money anymore unless you get it authenticated by the police or whatever... I can see many massive misuses, but there's also a lot of potential good uses...

    Daniel

    --
    Carpe Diem
  4. Where's that bill been? by Red+Rocket · · Score: 5, Insightful

    "Well, I see you picked up this 5 Euro note as change for your purchase of Zovirax on May 12th at the BogoPharm pharmacy on the South Side. You know, you really should be more careful about who you sleep with, Mrs. Zambezi."

    --
    - Hail to our fearless misleader! Fool speed ahead!