ANALYSIS OF BANKNOTE AUTHENTICATION SYSTEM

TECHNOLOGIES USED:
 Language used: Python
 CSV File
 Machine Learning Algorithm

GROUP MEMBER:
S.NO ROLL NO. NAME
1. 160970101022 Himanshi Chauhan
2. 160970101049 Simran Sharma
3. 160970101048 Shubham Singh Negi

SUPERVISOR NAME:
S.NO NAME
1. Ms. Vaishali Kansal
2. Mrs. Pragya Baluni

ABSTRACT:
Banknotes are one of the most important assets of a country. Some miscreants introduce fake notes which bear
a resemblance to original note to create discrepancies of the money in the financial market. It is difficult for
humans to tell true and fake banknotes apart especially because they have a lot of similar features. Fake notes
are created with precision hence, the aim of this project is to create a support system ready to help
organizations to accurately classify fraudulent notes. This system uses machine learning
techniques to evaluate authentication of banknotes .

DESCRIPTION:
Whenever you go to the bank to deposit some cash money, the cashier places banknotes in a machine which
tells whether a banknote is real or not. This is a classification problem where we are given some input data
and we have to classify the input into one of the several predefined categories. Rule-based as well as statistical
techniques are commonly used for solving classification problems. Machine learning algorithms fall in the
category of statistical techniques.

Machine learning algorithms learn from the dataset. Statistical algorithms are used behind the scenes to make
a machine learning model learn from the data. Therefore, to identify whether a banknote is real or not, we’ll
take a dataset of real as well as fake bank notes along with their different features.

We used Python libraries for the analysis of our dataset as well as for training the machine learning models.
To import the dataset we used the Pandas library. For visualizing the dataset we used Searborn library and
finally to train machine learning algorithms we used Scikit learn library.

SIGNATURE:

(GUIDE) (CO-GUIDE)