On July 3, Japan will introduce new banknotes featuring what it claims to be the world\u2019s pioneering use of advanced holography. This technology creates the illusion of historic figures\u2019 portraits rotating in 3D on the bills, serving as a key anti-counterfeit measure. This marks the first redesign of the banknotes in 20 years.<\/p>\n\n\n\n
Japan<\/strong> is set to unveil a new series of banknotes,<\/strong> marking the first significant redesign in two decades.<\/strong> This update to the \u00a510,000, \u00a55,000, and \u00a51,000 notes<\/strong> incorporates advanced anti-counterfeiting technologies<\/strong> and features prominent historical figures. Since the country issued its first banknote in 1885,<\/strong> there have been 53 different designs<\/strong>. This latest update, effective from July 3, comes as a measure to enhance security and usability amid evolving technological advancements.<\/p>\n\n\n\n The upcoming banknotes introduce several innovative features equipped with advanced security features to prevent counterfeiting.<\/strong> One of the most notable advancements is the incorporation of cutting-edge holographic technology,<\/strong> which creates a three-dimensional effect. These include:<\/p>\n\n\n\n In a groundbreaking move, Japan<\/strong> claims to be the first country<\/strong> to utilise holography that creates a 3D rotating effect<\/strong> on the portraits, significantly elevating the notes\u2019 security features. These features are part of Japan\u2019s ongoing efforts<\/strong> to combat counterfeiting, which, despite a significant decline in recent years, remains a concern. In 2020<\/strong>, there were 2,693 counterfeit cases<\/strong> reported, whereas only 681<\/strong> cases were reported in 2023.<\/strong><\/p>\n\n\n\n The new banknotes will prominently feature three influential figures from Japanese history, each chosen for their significant contributions to the nation.<\/p>\n\n\n\n The \u00a510,000 note<\/strong> will feature Eiichi Shibusawa (1840-1931)<\/strong>, known as the \u201cfather of Japanese capitalism.\u201d<\/strong> Shibusawa played a pivotal role in the modernisation of Japan\u2019s economy during the Meiji Era. <\/strong>He was instrumental in establishing the First National Bank in 1873<\/strong> and founded over 500 companies,<\/strong> including notable names like Sapporo Brewery and Tokyo\u2019s Imperial Hotel. On the back of the \u00a510,000 note, the iconic red-brick building of Tokyo Station\u2019s Marunouchi Building<\/strong> is depicted, symbolising<\/strong> the progress and modernisation<\/strong> Shibusawa championed.<\/p>\n\n\n\n Umeko Tsuda (1864-1929)<\/strong> will grace the \u00a55,000 note<\/strong>. Tsuda<\/strong> was a pioneering educator who dedicated her life to improving educational opportunities for women. After studying in the United States, she founded Tsuda University, which remains one of Japan\u2019s most prestigious institutions for women. The reverse side of the \u00a55,000 note features Japanese wisteria flowers<\/strong>, a symbol of the beauty and persistence of Tsuda\u2019s efforts to uplift women\u2019s status in Japanese society.<\/p>\n\n\n\n The \u00a51,000 note<\/strong> will honour Shibasaburo Kitasato (1853-1931)<\/strong>, a celebrated bacteriologist known for his contributions to modern medicine. Kitasato co-discovered an antitoxin for diphtheria and was a key figure in the early development of Japanese medical science. The back of the \u00a51,000 note showcases \u201cThe Great Wave off Kanagawa\u201d<\/strong>, a famous woodblock print by ukiyo-e artist Katsushika Hokusai, symbolising Kitasato\u2019s impact on global science and medicine.<\/p>\n\n\n\n The new banknotes<\/strong> will be made available starting Wednesday, July 3, 2024<\/strong>. Initially, they will be distributed to financial institutions, which will then make them available to the public through ATMs<\/strong> and cashier windows. By the end of March 2025,<\/strong> nearly 7.5 billion<\/strong> new banknotes are expected to be in circulation, with a total of 5 billion banknotes prepared by the end of March 2024<\/strong>. The old banknotes will remain valid for transactions even as the new ones enter circulation.<\/p>\n","protected":false},"excerpt":{"rendered":" On July 3, Japan will introduce new banknotes featuring what it claims to be the world\u2019s pioneering use of advanced holography. This technology creates the illusion of historic figures\u2019 portraits rotating in 3D on the bills, serving as a key anti-counterfeit measure. This marks the first redesign of the banknotes in 20 years. New series […]<\/p>\n","protected":false},"author":419,"featured_media":167892,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[68],"class_list":["post-167884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-science-technology-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/167884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=167884"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/167884\/revisions"}],"predecessor-version":[{"id":167893,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/167884\/revisions\/167893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/167892"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=167884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=167884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=167884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What are the new features of the redesigned banknotes?<\/h2>\n\n\n\n
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Who are the historical figures featured on the new banknotes?<\/h2>\n\n\n\n
About \u00a510,000 note<\/h2>\n\n\n\n
About \u00a55,000 note<\/h2>\n\n\n\n
\u00a51,000 note<\/h2>\n\n\n\n
How will the new banknotes be made available?<\/h2>\n\n\n\n