Are you ready for RFID chips built into your money and documents?
North Dakota State University. researchers have developed a new way of embedding traceable chips within “smart” paper — raising the possibility of banks and governments guarding against counterfeiting and even tracking the usage of paper money, IEEE Spectrum reports.
The new method of embedding radio frequency identification chips (RFID) in paper uses a patent-pending technology called Laser Enabled Advanced Packaging (LEAP) to transfer and assemble the traceable RFID chips on paper. Such “smart” paper could lead to new types of banknotes, legal documents, tickets and smart labels.