BGPS: a banknote global position system for counter forgery, taxation ratification, money laundry and overall monetary modeling

  • Authors:

  • Violeta M. Mavromatidi;Pavlitsas Kostas;George A. Kyriazopoulos;Eythimios M. Gravas;Dimitrios A. Zissopoulos;Iraklis G. Mavromatidis

  • Affiliations:

  • TEI of West Macedonia and Moldova for the European Economic Chamber of Trade, Commerce and Industry EEIG;TEI of West Macedonia and Researcher in Business Intelligence R&D Lab.;TEI of West Macedonia and Researcher in Business Intelligence R&D Lab.;TEI of West Macedonia and Researcher in Business Intelligence R&D Lab.;TEI West Macedonia and West Macedonia European Economic Chamber of Trade, Commerce and Industry EEIG;East Europe for the European Economic Chamber of Trade, Commerce and Industry EEIG

  • Venue:
  • CIT'09 Proceedings of the 3rd International Conference on Communications and information technology
  • Year:
  • 2009

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Abstract

The GBPS paper banknote scanning and tracing system integrates money scanner, advanced OCR software, huge database and money stacker output to a viable banking system. With simple Web and SQL queries we support advanced real life applications like counter forgery, stolen money guarantee, taxation ratification, money laundry and overall monetary modeling. The system is closer to an invention than to pure academic development while it currently runs pre alpha tests.