A Novel Approach for Identification of Fake Indian Currency Using Genetic Algorithm

Abstract

      In any country, there is always arrival of different kinds of new currency from time to time. In India, the government applied demonetization in the year 2016, and later on, there was the arrival of new notes in the form of 10, 20, 50, 100, 500, and 2000 Indian rupees. Although it minimizes the use of fake currency in any Country but hackers and intruders generate the fake currency through a high-quality scanner and printer. In the present work, an application of the Genetic algorithm is used for the identification of fake currency based on feature extraction. An algorithm has been implemented for the identification of fake currency in the form of notes.