Chemistry of Anti-money Counterfeiting Technology Essay

I. AbstractCounterfeiting bullion is a big business for criminals. Nearly $70 million of fake currency gets used daily, costing consumers millions. In the symbolise day, there ar many new technologies that have been discover and analyze in order to help put counterfeiters come in of business. Our currency is something that we mustiness protect, which is why these technologies and discoveries ar very important in the safety and emergence of our economy. The new contemporaries of Philippine beaks includes new and more advanced engine room to ensure the safety of the genuine Philippine banknotes. This is to prevent coin counterfeiting in our country. These new features include more advanced photo editing, which features micro printing on the various images and texts on the banknotes, a ridiculous rough texture, a new system of serial totaling, advanced surety fibers and security draw ins, water level technology, and optically changeable ink. These ar the most advance d and efficient methods of preventing m wizy counterfeiting today. Provided in this musical composition is a detailed explanation and description of each security precaution and a detailed review of the methods used to unravel them.II. Denominations of CurrencyThe new generation Philippine banknotes composes of the denominations twenty, fifty, star hund cerise, dickens hund flushed, fiver hundred, and angiotensin converting enzyme thousand peso bills. The new twenty-piso bill honors president Manuel L. Quezon, the send-off chairwoman of the Republic of the Philippines on the front of the bill while the inverse 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 stage of demesne War II. The reverse shows an image of the Taal Lake, cardinal of the worlds smallest energetic volcanoes and the Maliputo Fish. The one hundred-piso bill pays tr ibute to President Manuel Roxas who prioritized the crafting of the Central Bank get hold of then provided the leadership for the reconstruction of our country after the devastation of the number World War. On the reverse, the near perfect cone-shaped Mayon Volcano and the Butanding or Whale Shark is in addition featured.The two hundred-piso bill features President Diosdado Macapagal who restored the jubilation of Philippine independence on June 12. The reverse features the unique icon of Bohol, the umber 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 greenness. Finally, the one thousand-piso bill features three of our fight heroes, Chief Justice Jose Abad Santos, Josefa Llanes Escoda, and General Vicente P. Lim. The reverse features the Tubbataha Reefs National Marine Park and the world famous So uth Sea Pearl.Figure 1The bills denominations come in specific deform schemes of orange for the twenty-piso bill, red for the fifty-piso bill, empurpled 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. protective cover FeaturesThe Philippine Banknote or the Philippine Peso street arab finds the need to be current with the use of new technology to resurrect 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 causal agency 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 program to ensure specific prints that are impossible to copy by criminals. approximately 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 do of 80% cotton 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 engraving the image. In printing, the surface is covered in ink and then rubbed vigourously with tartalan cloth or news authorship to ingest ink from the surface, leaving it in theincisions. The very sharp printing obtained from the photogravure process is hard to imitate by other means. Intaglio also allows for the creation of latent images, which are still visible when the document is viewed at a very shallow move.Figure 2C. Serial verseThe serial numbers are composed of one or two prefix let ters and six to seven digits in asymmetric or increasing size. Serial numbers are not difficult to mull yet they make banknotes easier to track and audit.Figure 3D. Security FibersThe paper used to print our currency has tiny reaps of fibers introduce into the paper. These red and blue fibers polish under ultraviolet light. If the bill has no red and blue fibers that glow, then it is probably a fake bill. Fluorescent label are the invisible phosphor dyes on banknotes that glow under UV or blacklight. This glow will be visible under a money detector device. at that place are two kinds of security fibers. The first one is the visible security fibers. These are easily seen in current Philippine banknotes as the blue and red fibers that are randomly 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. Genuine security fibers in Philippine banknotes can be easily plucked out (yes, try it) with the aid of a needle. Counterfeit money usually only prints the fibers on paper, thus they cannot be plucked out.Figure 4E. WatermarksThe waterline shows a shadowed image of the portrait and the banknotes denomination on the ashen space 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 antediluvian 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 apprise passing imposed on the smaller version of the portrait.Figure 7G. Security ThreadsBoth the twenty-piso and the fifty-piso have a 2mm wide security hoist 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 garble changes from red to green. The embedded security thread is a special thread vertically implanted off concenter of the note during the manufacture of the banknote paper.The front of the thread carries a promiscuous 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 fool away thread with microprinting, which is embedded in the security paper as banknote or base on balls paper. The other kind of security thread is the single or multi-colour sewing thread made from cotton or synthetic fibers, more often than not UV fluorescent, for the bookbinding of passport booklets.Figure 8H. optically Variable braid PatchThe five hundred-piso bill and the one thousand-piso bill have the optically variable devi ce patch, a reflective foil. For the five hundred-piso bill, it reveals the small BSP (Bangko Sentral ng Pilipinas) 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 people of colour 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 attestators eye 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 expensive inks applied on banknotes as a security feature. So far, only the 1000 peso bills have this. There are two versions of OVI printing on the 1000 peso banknotes. This is an sharp security feature because counterfeiters will need a lot of travail 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.