Image Processing Techniques for Extraction of Serial Numbers on Currency Notes While Depositing in Cash Deposit Machine Using Python and Raspberry Pi

Abstract

Nowadays, serial numbers of currency notes are collected and entered in a register manually. If any robbery occurs in banks, ATM’s or CDMA’s, the notes are tracked by using the serial numbers that are entered manually. The aim of this project is to extract the serial numbers, which are unique to a note, and storing them in a database automatically. We can retrieve the information about transactions with the notes in ATM’s or Banks. The serial numbers are extracted using Python and Raspberry Pi. Now the values that are extracted are stored in a file in the text format by linking the serial number to the corresponding value.