Will future banknotes be traceable?

I found an interesting article about the use of RFID chips in future banknotes. When incorporated in a banknote this technology makes it possible to track a banknote for instance via satelite. Is this a brilliant new security feature or the next step in losing even more privacy?

Currently the European Central Bank, the Bank of Japan and researchers in Saudi Arabia are investigating if these new techniques can be implemented in future banknotes.

Steven Friday 03 May 2013 at 09:32 am | | links
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