Japan presents advanced hologram banknotes to combat counterfeiting
(MENAFN) Japan is set to launch new banknotes equipped with cutting-edge hologram technology in a significant move aimed at combating counterfeiting, as reported by a Japanese news agency. This initiative marks the first major redesign of Japanese currency in twenty years. The updated banknotes will notably feature larger face value numbers across the 10,000-yen, 5,000-yen, and 1,000-yen denominations, enhancing their visibility and ease of recognition. In addition to visual enhancements, the new notes will incorporate tactile marks designed to assist visually impaired individuals in identifying the value of each note.
The production of these advanced banknotes is scheduled to commence next Wednesday, with an estimated production target of 7.5 billion new notes by the end of March next year. Despite the introduction of these updated banknotes, the Japanese government has assured the public that the current banknotes will remain valid for transactions.
This initiative underscores Japan's commitment to modernizing its currency with state-of-the-art security features, ensuring the integrity and reliability of its monetary system. The introduction of these advanced banknotes reflects a proactive approach to safeguarding against counterfeit activities while addressing accessibility needs for all users, including those with visual impairments.
MENAFN01072024000045015682ID1108392799
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.