RFID Series – 3 – Curb Money Laundering !

 RFID technology can be incorporated on currencies as an efficient step to curb money laundering and similar activities. This will be a great step if implemented on all key entry points in international borders . We are not talking anything very futuristic at all. Already a lot of countries have automated immigration check points for their citizens where they can just swipe their passport on exit and entry points. It only a matter of time before this kind of embedding RFID on currencies is done. Check out this video courtesy Cross ID.

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