The Reserve Bank of India (RBI) selected Daffodil Software Pvt Ltd to develop a mobile phone-based application for visually impaired people to identify currency notes. It informed the Bombay High Court that an internet connection would not be required for its proposed mobile application.
Out of the 16 vendors, 5 made into the final ranking to develop the application. Intaglio printing based identification marks are present in the banknotes of Rs 100 and above denominations to help nearly 80 lakh blind or visually impaired people of India.
The proposed mobile app will help to identify the denomination of notes of Mahatma Gandhi Series and Mahatma Gandhi (New) series by capturing the image of the notes placed in front of the mobile camera. It will generate “audio notification” intimating the currency note denomination to the user if the image is captured correctly, else intimating the user to try again in case of image is not readable.