Fake Currency Detection Using Convolutional Neural Networks

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Year : June 14, 2024 at 1:53 pm | [if 1553 equals=””] Volume :14 [else] Volume :14[/if 1553] | [if 424 equals=”Regular Issue”]Issue[/if 424][if 424 equals=”Special Issue”]Special Issue[/if 424] [if 424 equals=”Conference”][/if 424] : 01 | Page : 1-9

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D.Jahnavi, Dr.P.M.K.Prasad, Dr.Guntu Nooka Raju, Dr. BPV Dileep, K.Lohitha

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  1. Associate Professor,, Associate Professor,, Assistant Professor,, Associate Professor,, Associate Professor, Department of Electronics and Communication Engineering, GVP College of Engineering for Women, Visakhapatnam,, Department of Electronics and Communication Engineering, GVP College of Engineering for Women, Visakhapatnam,, Department of Electronics and Communication Engineering, GMR Institute of Technology, Rajam,, Department of Electronics and Communication Engineering, GVP College of Engineering for Women, Visakhapatnam,, Department of Electronics and Communication Engineering, GVP College of Engineering for Women, Visakhapatnam, Andhra Pradesh,, Andhra Pradesh,, Andhra Pradesh,, Andhra Pradesh,, Andhra Pradesh, India, India, India, India, India
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Abstract

nIn today’s world, due to increasing technology like scanning, color printing, and duplicating, the identification of bogus notes by the human eye is almost becoming impossible. Knowingly or unknowingly, due to the usage of bogus currency notes, the Indian economy is also being impacted badly. Hence, the identification of bogus currency notes is important. This paper deals with identifying whether the given sample of the currency note is real or bogus. Previously, there were many methods for the identification of bogus notes eliminating the need for manual feature extraction. Also, the results are not very accurate and hence deep neural networks can be used for the recognition of bogus currency notes. In this paper, the Convolution Neural Network technique is employed for the detection of bogus currency bills. Convolution Neural Network is an architecture that directly learns from the input data and classifies the note, if the note is found to be a bogus note, then immediately a message will be sent indicating the specified location where the bogus notes are being circulated. Hence, the problem of bogus note circulation can be reduced and help society not being deceived by fraudsters. The results show that the training accuracy and validation accuracy of the proposed method are 99.6% and 99.7% respectively

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Keywords: Convolutional neural networks, Deep Learning, VGG16, Fake currency, accuracy

n[if 424 equals=”Regular Issue”][This article belongs to Current Trends in Signal Processing(ctsp)]

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[/if 424][if 424 equals=”Special Issue”][This article belongs to Special Issue under section in Current Trends in Signal Processing(ctsp)][/if 424][if 424 equals=”Conference”]This article belongs to Conference [/if 424]

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How to cite this article: D.Jahnavi, Dr.P.M.K.Prasad, Dr.Guntu Nooka Raju, Dr. BPV Dileep, K.Lohitha. Fake Currency Detection Using Convolutional Neural Networks. Current Trends in Signal Processing. June 14, 2024; 14(01):1-9.

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How to cite this URL: D.Jahnavi, Dr.P.M.K.Prasad, Dr.Guntu Nooka Raju, Dr. BPV Dileep, K.Lohitha. Fake Currency Detection Using Convolutional Neural Networks. Current Trends in Signal Processing. June 14, 2024; 14(01):1-9. Available from: https://journals.stmjournals.com/ctsp/article=June 14, 2024/view=0

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References

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[if 424 not_equal=””]Regular Issue[else]Published[/if 424] Subscription Original Research

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Current Trends in Signal Processing

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[if 344 not_equal=””]ISSN: 2277–6176[/if 344]

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Volume 14
[if 424 equals=”Regular Issue”]Issue[/if 424][if 424 equals=”Special Issue”]Special Issue[/if 424] [if 424 equals=”Conference”][/if 424] 01
Received May 1, 2024
Accepted May 28, 2024
Published June 14, 2024

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