INTELLIGENT NOTE TO COIN EXCHANGER WITH FAKE NOTE DETECTION

Project Abstract / Summary : Requirement of coins in day to day transactions at places like bus stations, railway stations, malls, parks etc is the main motive of designing an efficient and simple machine. This will fulfill the need of coins for transactions so that people will not face problem of coins. This system will provide coins for note. For this purpose, mechanical coin dispensing unit which first takes the note inside and checks whether note is fake or real has to be developed. If note is real, then camera will take a picture of it. After that it will find out its value by using image processing techniques and then according to the value, equivalent numbers of coins are dispensed. In this way, we are trying to design an efficient machine which will be having low production cost as compared to other existing machines. In this project, a MATLAB algorithm for image binarization has to be developed to detect the value of the note. A fake note detection unit using UV LED and photodiode will be implemented.

Why did you choose to work on this project topic : Day by day, the need of coins has been increased & we have to suffer a lot for the change in various places like bus stations, railway stations, malls, parks etc. so we thought to develop this system.
The aim of this project is to provide coins equivalent of the note and to check whether the note is fake or real.
At present, we are getting coins of 1,2 and 5 rupees in the exchange of notes upto 20 rupees. In future, we can extend the note capacity upto 100 or 500 rupees.Along with this we can change it into currency exchanger.

Project Category : Electrical / Electronics / Communication
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Institute/College Name: SRES's COE,Kopargaon
City: Kopargaon
State: Maharashtra
Participating Team From: Final Year

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