02 May '13, 9pm

Smart Paper Makes Traceable Money Possible

A simple act of cash changing hands could become a lot less private. U.S. researchers have developed a new way of embedding traceable chips within "smart" paper—raising the possibility of banks and governments guarding against counterfeiting and even tracking the usage of paper money. The new method of embedding radio frequency identification chips (RFID) in paper came from North Dakota State University in Fargo. Researchers used a patent-pending technology—called Laser Enabled Advanced Packaging (LEAP)—to transfer and assemble the traceable RFID chips on paper. Such "smart" paper could lead to new types of banknotes, legal documents, tickets and smart labels. "I believe our scheme is the first to demonstrate a functional RFID tag embedded in paper," says Val Marinov, an associate professor of industrial & manufacturing engineering at North Dakota State University, in a BB...

Full article: http://spectrum.ieee.org/tech-talk/semiconductors/devices...

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