Chemistry of Anti-money Counterfeiting Technology Essay Example for Free

Chemistry of Anti-m adepty Counterfeiting Technology EssayI. AbstractCounterfeiting money is a big blood for criminals. Nearly $70 million of fake currency gets used daily, costing consumers millions. In the present day, there be many vernal technologies that have been notice and studied in order to help put 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 increment of our economy. The new(a) generation of Filipino banknotes accepts new and more advanced technology to ensure the safety of the genuine Philippine banknotes. This is to prevent money counterfeiting in our country. These new features include more advanced photo editing, which features micro produce on the different images and texts on the banknotes, a unique rough texture, a new arranging of serial numbering, advanced security fibers and security draw sours, watermark technology, and optical ly multivariate 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 security precaution and a detailed review of the methods used to execute them.II. Denominations of CurrencyThe new generation Philippine banknotes composes of the names twenty, fifty, one hundred, cardinal hundred, five hundred, and one thousand peso efflorescences. The new twenty-piso explanation honors President Manuel L. Quezon, the first President of the Republic of the Philippines on the front of the extremum 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 acquaint of World War II. The reverse shows an image of the Taal Lake, one of the worlds smallest active vol adviseoes and the Maliputo Fish. The one hundred-piso bill pays tribut e to President Manuel Roxas who prioritized the crafting of the Central Bank fill then provided the leadership for the reconstruction of our country after the devastation of the Second World War. On the reverse, the near perfect cone-shaped Mayon Volcano and the Butanding or run Shark is also featured.The deuce 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 familiar Vicente P. Lim. The reverse features the Tubbataha Reefs National Marine Park and the world famous South Sea Pearl. manniki n 1The money denominations come in specific glossary schemes of orange for the twenty-piso bill, red for the fifty-piso bill, violet for the one hundred-piso bill, green for the two hundred-piso bill, yellow for the five hundred-piso bill, and blue for the one thousand-piso bill.III. Security FeaturesThe Philippine Banknote or the Philippine Peso Bill finds the need to be current with the use of new technology to enhance the security 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 redactThe 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 wool 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 inscribe 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 tart printing obtained from the intaglio process is hard to imitate by other means. Intaglio also allows for the creation of latent images, which are exclusively visible when the papers is viewed at a very shallow angle.Figure 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 until now they make banknotes easier to track and audit.Figure 3D. Security FibersThe paper used to print our currency has tiny twists of fibers embedded into the paper. These red and blue fibers blaze 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 retardn in current Philippine banknotes as the blue and red fibers that are helter-skelter 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. old(prenominal) security fibers in Philippine banknotes can be easily plucked out (yes, try it) with the aid of a needle. Counterfeit money u sually only prints the fibers on paper, thus they cannot be plucked out.Figure 4E. WatermarksThe watermark shows a shadowed image of the portrait and the banknotes denomination on the blank pose 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 imposed on the smaller version of the portrait.Figure 7G. Security ThreadsBoth the twenty-piso and the fifty-piso have a 2mm wide security delineate 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 change s from red to green. The embedded security thread is a special thread 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, mostly 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 P ilipinas) logo and the blue parrot, while the one thousand-piso 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 corner 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 centre of attention 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 dear(predicate) inks applied on banknotes as a security feature. So far, only the 1000 pes o bills have this. There are two versions of OVI printing on the 1000 peso banknotes. 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 incorporated in the intaglio ink. Thus, prints of OVI change color when viewed from different angles.