Published Paper Details:

Circulation of Fake currency can have so many adverse effects on the economy of India. The counterfeiters are becoming harder to track down because of highly advance technology. One of the most effective methods to stop counterfeits can be the use of counterfeit detection software that is easily available and is efficient. Our project will recognize Indian currency note using a real time image obtained from a web cam. The necessity of our project is image processing. The web cam images are detected using image processing which recognizes area of image that is going to manipulate and shows the segmentation of original image. So our aim is to work on those factors that are impossible to implement on counterfeit note so we started working on three parameters out of ten which will be enough to differentiate fake and original note. Accordingly, when the currency is detected and verified. As per the requirement of lower denomination user will set a count by using GUI. The mechanism of exchange is in process using arduino, roller and infrared sensor for number of count of lower denomination to be delivered to the user. Finally, we get the lower denomination as requested to the system.