MUMBAI, India, May 29 -- Intellectual Property India has published a patent application (202621044151 A) filed by Vikas Kiran Agrawal, Akola, Maharashtra, on April 7, for 'mint-certified per-note issuance code system and method for authentication of currency notes.'
Inventor(s) include Vikas Kiran Agrawal.
The application for the patent was published on May 29, under issue no. 22/2026.
According to the abstract released by the Intellectual Property India: "Aspects of present disclosure relate to a mint-certified per-note issuance code system and method for authentication of currency notes. A currency authentication system is disclosed wherein each currency note is assigned a unique cryptographically generated issuance code at mint time. The issuance code is generated by processing a serial identifier and issuance time representation using a private signing key retained by an issuing authority. The issuance code is printed on the note in machine-readable form and validated against issuing authority records to determine authenticity. Reproduction of identical issuance codes across multiple notes results in authentication failure, thereby preventing scalable counterfeit replication. The system integrates mint-time cryptographic binding with physical currency artifacts and supports optional bank-level and public verification interfaces. Authenticity validation may be performed through database validation or asymmetric signature verification, enabling scalable deployment."
Disclaimer: Curated by HT Syndication.
