The E-Sylum:  Volume 5, Number 3, January 20, 2002, Article 9

SMART  TAGS FOR MONEY

  From a January 15th, 2002 article in The Financial Times:

  "Smart tags, which come in many forms - beads, labels,
  fibres, paper and so on - can be built into microchips, or
  used with chipless technologies.  Unlike the anti-theft tags
  used to protect goods in many retail outlets, they also carry
  data. They can identify a unique object (such as a travellers
  cheque) as well as recurring items (such as banknotes).

  Hitachi Europe is looking at the banknote market. The
  company's Information Systems Group has developed a
  smart tag chip called Minimum Meu, which measures 0.3mm
  square and is just 60 microns thick: about the thickness of a
  human hair.

  "A banknote is about 100 microns thick, so the chip could
  be put inside one," says Peter Jones, the company's pre-sales
  manager. Mass-production of the new chip will start within
  a year. It has "attracted a lot of interest and will be a very
  cost-effective solution," says Mr. Jones."

  [See also The E-Sylum Volume 4, Number 52, (December
  23, 2001) "Paper Euros May Contain Chips" -Editor]

  Wayne Homren, Editor

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