Chemistry of Anti-money Counterfeiting Technology Essay

I. AbstractCounterfeiting m wizy is a big business for criminals. Nearly $70 million of fake bills gets used daily, costing consumers millions. In the present day, there are many new technologies that have been discove inflammation and studied in order to help correct counterfeiters out of business. Our currency is something that we must protect, which is why these technologies and discoveries are very important in the safety and development of our economy. The new generation of Philippine bank acknowledges includes new and much advanced technology to ensure the safety of the genuine Philippine notices. This is to prevent money counterfeiting in our country. These new features include more advanced characterisation editing, which features micro printing on the different bods and texts on the banknotes, a unique rough texture, a new system of serial numbering, advanced auspices fibers and warrantor threads, water line technology, and optically variable quantity ink. These are the most advanced and efficient methods of preventing money counterfeiting today. Provided in this paper is a detailed explanation and description of each pledge precaution and a detailed review of the methods used to execute them.II. Denominations of CurrencyThe new generation Philippine banknotes composes of the denominations twenty, fifty, one hundred, two hundred, five hundred, and one railway yard peso bills. The new twenty-piso bill honors hot seat Manuel L. Quezon, the first chairperson of the Republic of the Philippines on the summit of the bill while the reverse shows the image of the breathtaking Banaue rice Teraces and the Palm Civet from the Cordilleras. The fifty-piso bill commemorates President Sergio Osmea who led our country at the critical stage of World War II. The reverse shows an image of the Taal Lake, one of the initiations smallest active volcanoes and the Maliputo Fish. The one hundred-piso bill pays tribute to President Manuel Roxas who prioritized the crafting of the Central Bank charter then provided the leadership for the reconstruction of our country later the devastation of the Second World War. On the reverse, the near perfect cone-shaped Mayon Volcano and the Butanding or Whale Shark is also featured.The two hundred-piso bill features President Diosdado Macapagal who restored the celebration of Philippine independence on June 12. The reverse features the unique icon of Bohol, the Chocolate Hills and the Tarsier. The five hundred-piso bill is a salute to the champions of Philippine democracy, Senator Benigno Aquino Jr. and President Corazon Aquino. The reverse features the Puerto Princesa Subterranean River National Park. Finally, the one thousand-piso bill features three of our war heroes, Chief Justice Jose Abad Santos, Josefa Llanes Escoda, and General Vicente P. Lim. The reverse features the Tubbataha Reefs National Marine Park and the world famous South ocean Pearl. predict 1The money denominations come in specifi c discolor schemes of orange for the twenty-piso bill, red for the fifty-piso bill, violet for the one hundred-piso bill, kibibyte for the two hundred-piso bill, yellow for the five hundred-piso bill, and blue for the one thousand-piso bill.III. bail FeaturesThe Philippine Banknote or the Philippine Peso Bill finds the need to be sure with the use of new technology to enhance the trade protection of banknotes to remain impossible to replicate by criminals. The new generation Philippine banknotes incorporates the latest available technology in banknote security. This is the reason that they have developed new designs and upgraded the security features of all our banknotes.A. Photo EditingThe Central bank of the Philippines uses a special photo editing software to ensure specific prints that are impossible to copy by criminals. Some of these specifications include nano prints on the images, lines, and words on the banknotes.B. TextureThe note is not smooth to the touch, but a bit rough. This is because the bank notes are made of 80% cotton and 20% Philippine Abaca. Aside from that, the raised prints that are embossing from the Intaglio printing process give the bill a unique tactile feel. Intaglio printing is a printing technique in which the image is incised into a surface. Normally, copper (Cu) or zinc (Zn) are used, and the incisions are created by etching ot engraving the image. In printing, the surface is covered in ink and then rubbed vigourously with tartalan cloth or newspaper to remove ink from the surface, leaving it in theincisions. The very sharp printing obtained from the intaglio process is hard to observe by different means. Intaglio also allows for the creation of latent images, which are only visible when the document is viewed at a very shallow angle. human body 2C. Serial NumbersThe serial numbers are composed of one or two prefix letters and six to seven digits in asymmetric or increasing size. Serial numbers are not difficult to forge yet they make banknotes easier to track and audit.Figure 3D. Security FibersThe paper used to print our currency has tiny threads of fibers embedded into the paper. These red and blue fibers sting under ultraviolet light. If the bill has no red and blue fibers that glow, then it is probably a fake bill. Fluorescent marks are the invisible phosphor dyes on banknotes that glow under UV or blacklight. This glow will be visible under a money detector device. There are two kinds of security fibers. The first one is the visible security fibers. These are easily seen in current Philippine banknotes as the blue and red fibers that are randomly spread throughout the front and back of the paper. The other kind is the invisible security fiber. These glow a fluorescent yellow under ultraviolet light. Genuine security fibers in Philippine banknotes can be easily plucked out (yes, try it) with the aid of a needle. Counterfeit money usually only prints the fibers on paper, thus they cannot be pl ucked out.Figure 4E. WatermarksThe watermark shows a shadowed image of the portrait and the banknotes denomination on the blank space when viewed against the light from either side of the bill. This is possible due to paper density variations.Figure 5The word Pilipino, written in our ancient Filipino alphabet, Baybayin, can be seen in its complete form when the banknote is viewed against the light.F. Concealed ValueWhen the banknote is rotated at a 45-degree angle and tilted downwards, we can see the concealed denominational value super enforce on the smaller version of the portrait.Figure 7G. Security ThreadsBoth the twenty-piso and the fifty-piso have a 2mm wide security thread that can be visible when viewed against the light. The one hundred, two hundred, five hundred, and one thousand-piso bills have a 4mm wide stich-like security thread embedded on the bill and when viewed from different angles, its color changes from red to green. The embedded security thread is a special th read vertically implanted off center of the note during the manufacture of the banknote paper.The front of the thread carries a clear text the initials of the Bangko Sentral ng Pilipinas (BSP) and the numeric denomination of the bank note. The back of the thread is also printed with the initials BSP. There are two kinds of security threads. One is a thin aluminum (Al) coated and partly demutualized polyester film thread with microprinting, which is embedded in the security paper as banknote or passport paper. The other kind of security thread is the single or multicolor sewing thread made from cotton or synthetic fibers, generally UV fluorescent, for the bookbinding of passport booklets.Figure 8H. Optically Variable Device PatchThe five hundred-piso bill and the one thousand-piso bill have the optically variable device patch, a reflective foil. For the five hundred-piso bill, it reveals the small BSP (Bangko Sentral ng Pilipinas) logo and the blue parrot, while the one thousand-pi so bill reveals the small BSP logo and the South Sea Pearl inside a clam. The patches change color from red to green when the note is rotated 90-degrees.Figure 9I. Optically Variable InkA security feature exclusive to the one thousand-piso note is the optically variable ink for the embossed denomination value on the lower right landmark on the face of the banknote, which changes color from green to blue when it is viewed in different angles. Color changing inks are inks containing pearlescent pigments that change color when viewed at a different angle. The color of the ink does not actually change, but the angle of the light to the viewers eye changes and thus creates the change in color.A number of types are available, including green to purple, gold to green and green to lilac. Optically variable inks (OVI) are very expensive inks applied on banknotes as a security feature. So far, only the 1000 peso bills have this. There are two versions of OVI printing on the 1000 peso banknot es. This is an excellent security feature because counterfeiters will need a lot of effort and money to replicate it. They are called optically variable inks because tiny flakes of color-shifting film are unified in the intaglio ink. Thus, prints of OVI change color when viewed from different angles.