 "A garland made of hundred rupee notes")
Russian company Goznak, which has been supplying paper for currency notes to the RBI, has received the patent to improve their protection against counterfeiting.
The technology for this uses a fluorescent substance exhibiting visual and computer-readable properties that provide identification to bank notes.
According to a recent report, Goznak is one among the eight firms that got the contract to supply currency paper to India. The patent application was filed in May 2011 at the Patent Office in Mumbai.
The patent specification says the invention relates to the protection of documents against counterfeiting and is for authenticating printed products such as banknotes,
