PYTHON MINI PROJECT

Project Team Members:

D Eswar – 17BTRCT010
Kuncha Madhu Yaswanth Reddy- 17BTRCT020
D. Balu Durgam- 17BTRCT011

V. Sushmitha reddy- 17BTRCS026

K. Srindihi- 17BTRCS010
Harshitha P Gowda- 17BTRMA019
Sri Nikesh-17BTRMA047

Project title: Indian paper currency detection using opencv3 and python3

Introduction:
Fake currency detection is a serious issue worldwide, affecting the economy of
almost every country including India. Currency duplication also known as
counterfeit currency is a vulnerable threat on economy. It is now a common
phenomenon due to advanced printing and scanning technology. The possible
solutions are to use either chemical properties of the currency or to use its
physical appearance. The approach presented in this paper is based upon
physical appearance of the Indian currency. Image processing algorithms have
been adopted to extract the features such as security thread, intaglio printing
(RBI logo) and identification mark, which have been adopted as security
features of Indian currency.

Existing System:

In existing system, Image processing Is being used with legacy version of

machine learning algorithm. Also, they are using local database which reduces
the portability of system and because of their system is limited to PC device
user friendliness is not good.

Implementation:

To run do python3 detect.py

To set a different image modify the testing image in detect.py

The failed parts are in try.py

Conclusions:

In this technique, the authentication of currency is described by applying

image processing.

Basically some features are extracted including various domination parts of

note (like identification marks of the currency).

The complete methodology works for 20, 50, 100 and 500 currency notes. The
method is very simple and easy to implement. This technique is very adaptive
to implement in real time world. The process begins from image acquisition
and end at comparison of features.