Trackable Banknotes using RFID. A new RFID chip to be embedded into currency to track bank notes. Researchers at the Functional Nanomaterials and Devices Laboratory at King Abdullah University of Science and Technology (KAUST) have pioneered a way to integrate non-volatile, rewritable memory into paper money.  This technology utilizes radio frequency identification (RFID) tags, allowing … Continue reading Nanotechnology Applications in Banknotes