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V17 2014 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 17, Number 48, November 23, 2014, Article 20

NIGERIA ADDS QR CODE TO BANKNOTE

I did a double-take reading this headline for this story: "Nigeria Introduces World's First Digital Bank Note" -Editor

Nigeria digital banknote

Nigeria’s Regulatory Bank, The Central Bank of Nigeria, has introduced the first digital bank note in the world.

The new 100 Naira note is part of Nigeria’s Centenary celebrations.

The 100 Naira note has printed on its back, a QR Code (QRC). This particular QRC is a feature that highlights and sources all the information about the centenary.

The QRC is an application found on the smart devices. Once the barcode on the back of the note is scanned it shows the President’s face and then comes up with all information on Nigeria’s history.

I'm not sure how that makes a banknote "digital". And is this really the first application of a QR code on a banknote? They appear is all sorts of crazy places. Does anyone know of another banknote with one? -Editor

To read the complete article, see:
Nigeria Introduces World's First Digital Bank Note (www.cp-africa.com/2014/11/17/nigeria-introduces-worlds-first-digital-bank-note/)



Wayne Homren, Editor

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