This article first appeared on medicalnewstoday.com.
A currency counting device that can help detect counterfeit bills is being used by India’s banks to check whether the bills they issue are legitimate and are worth the money they are worth.
The machines are being installed at banks across the country to check the authenticity of the notes that banks issue, and to check that the bills are backed by the government.
The devices, which can be used to scan and scan for fake bills and counterfeit currency, are being used in a number of places in India, including at major banks in the capital, New Delhi, and in other cities.
The government wants to make sure that the new currency notes are not being used to buy illegal drugs, but it also wants to prevent counterfeiters from using counterfeit notes to make money.
It says it is looking at ways to ensure that the counterfeit currency is backed by legitimate government currencies and not by fake ones.
But there are also concerns that the devices could be used for illegal activities such as money laundering.
The machines can be accessed through mobile phone apps.
A mobile app called CoinVigilant can be downloaded from the Apple App Store and Google Play.
CoinVig detects the presence of counterfeit bills.
The device is also used to monitor and verify the authenticity and integrity of banknotes.
The government is trying to encourage the banks to install the devices, but banks are not obliged to install them, says Dr. Gopal Subramaniam, a professor of surgery at the National University of Health Sciences in Hyderabad.
“The banknotes will be tested for authenticity, but the bank will not be required to accept the fake bills.
This will make it more difficult for the counterfeiters to obtain the fake currency, and thus the circulation of counterfeit notes will go on,” he said.”
The counterfeiting issue is a serious concern.
It will affect our national economy and people’s faith in the currency system.
It is an issue that cannot be swept under the carpet.”
India’s government has not made a formal proposal to the international community to ban the use of the devices.
The International Monetary Fund is expected to issue a report in July on the development of the counterfeit-currency crisis.
The banks have not been using the machines to check bills for weeks, but officials said the process was underway on Friday.
Banks have already been using them to scan bills, but now they have been taking a more active role.
Officials said that the banks were also trying to verify the signatures of the customers.
Banks are also looking into whether they could be hacked to check bank accounts and financial transactions.
But there are concerns that hackers could be able to access the machines remotely.