There have been serial numbers on notes as long as I can remember. This is the same concept using new technology which will make it possible to digitally sign each serial number.
The scheme will only be used on large notes since those are most likely to be subject to forgery. Applying it to all notes would be to costly but will probably be possible in the future.
This is no secret project(as indicated by the article) since it has been in the news several times in Europe.
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There have been serial numbers on notes as long as I can remember. This is the same concept using new technology which will make it possible to digitally sign each serial number.
The scheme will only be used on large notes since those are most likely to be subject to forgery. Applying it to all notes would be to costly but will probably be possible in the future.
This is no secret project(as indicated by the article) since it has been in the news several times in Europe.