Dynamic intelligent currency encryption

Dynamic Intelligent Currency Encryption (DICE) is a technological concept designed to enhance the security of paper currency. The system tracks and monitors banknotes in circulation using identifiable characteristics, allowing for the remote devaluation of banknotes involved in fraudulent activities or criminal transactions. Developed in 2014 by the British-Austrian technology company EDAQS, DICE involves the use of Machine Readable Codes (MRC) or Radio-Frequency Identification (RFID) tags embedded in banknotes. These banknotes are then registered to a centralized system to increase security and reduce the risk of forgery tags. These banknotes are then registered to a centralized system, purportedly rendering them secure and resistant to forgery.

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