You heard right folks. The European Central Bank is reportedly considering “embedding tiny radio tags into euro notes” in order to deter counterfeiters and money launders. “The ECB is in talks with Hitachi, whose 0.3mm “mu-chip” responds to radio signals by sending out a 128-bit number. This information could include a serial number and date and place of origin. It could also be used to track the note as it wends its happy way around the EU”. Well, it certainly is a very interesting concept, but how well will it work in practice? Only time will tell. Who knows, in a few years time you could be able to track down a lost/stolen wallet within hours!
Read the full story at The Register.