Ending Soon! Save 33% on All Access

Australia's New Banknote Aids Blind People To combat counterfeit money, Australia is releasing a new series of bank notes, with the new A$5 banknote rolled out first.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock

To combat counterfeit money, Australia is releasing a new series of bank notes, with the new A$5 banknote rolled out first. Distinctive security features include a top to bottom window, an eastern spinebill (commonly found in Australia) moving its wings seen when tilted, the number 5 inside an illustrated building on the note appears backwards, disappears and appears forward, and on the other side, there's a patch that changes ink color in a rolling effect.

Source: Reserve Bank of Australia

Another cool factor? The new banknote has tactile markings on the side, two dots along its sides, to be exact, letting blind or vision-impaired people to quickly identify its value. The new design was initiated in 2012 when then-12-year-old Connor McLeod launched a discrimination complaint with the Australian Human Rights Commission and started a petition on Change.org asking the Reserve Bank of Australia to incorporate tactile markings in bank notes. Besides the new security features, it's certainly a step towards helping the estimated 360,000 blind or visually impaired community in Australia. Though a new series of bank notes are being released, all existing bank notes can still be used; with similar design aspects including color, size and portraits printed on notes will remain to familiarize the public with the new notes.

Related: Norway's New Currency Takes An Artistic Turn

Growth Strategies

Sweden's Storytel And UAE's Kitab Sawti Officially Merge In A Bid To Create The World's Largest Arabic Audiobook Library

Storytel founder and CEO Jonas Tellander and Kitab Sawti founder Sebastian Bond on building a business that encourages greater love for stories.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Marketing

9 Ways Memes Can Rev Up Your Business Marketing

Memes are here to stay. Brands are growing engagement with well-timed meme-marketing strategies.

Growing a Business

Want to Expand Your Market Overseas? Here's Everything You Need to Know About Global Logistics in 2024

With rising geopolitical tensions and changing market conditions it can be hard for businesses to navigate supply chain logistics even in a post-pandemic world. Here are three tips from the CEO of an international customs brokerage.

Side Hustle

A Retiree in Florida Started This 'Fun' Remote Side Hustle Out of Boredom. Now She Makes Up to $3,000 a Week.

When Chanda Torrey retired, she looked around for an enjoyable hobby that might also bring in some income. Now she's offering up her playbook to others.

Business News

OpenAI Chief Scientist and Cofounder Ilya Sutskever Leaves AI Giant for Personal Project

Sutskever co-led the superalignment team at OpenAI, which ensures that AI follows what humans want it to do even as it gets smarter.