Black money and fake money are two major conundrums to the development of the third world and particularly less economically developed countries worldwide. In the paper, we propose the mechanism which records money exchange information including the particular money with serial number, date, owner on the ledger and informs about black money when serial number does not match with the Public Ledger information.
\u203B This research was supported by \Basic Science Research Program through the National Research Foundation of Korea(NRF) funded by the Ministry of Education, Science and Technology(2018R1D1A1B07048697)\ and Korea Institute for Advancement of Technology(KIAT) grant funded by the Korea Government(MOTIE) (P0008703, The Competency Development Program for Industry Specialist).\u203B This research was supported by \Basic Science Research Program through the National Research Foundation of Korea(NRF) funded by the Ministry of Education, Science and Technology(2018R1D1A1B07048697)\ and Korea Institute for Advancement of Technology(KIAT) grant funded by the Korea Government(MOTIE) (P0008703, The Competency Development Program for Industry Specialist). w First Author : Computer Engineering department, Ajou University, Ph.D, af4092@ajou.ac.kr, \uD559\uC0DD(\uBC15\uC0AC), \uD559\uC0DD\uD68C\uC6D0 \u00B0 Corresponding Author : Department of Knowledge Information Engineering, Ajou University, kkim86@ajou.ac.kr, \uC815\uAD50\uC218, \uC885\uC2E0\uD68C\uC6D0 \uB17C\uBB38\uBC88\uD638\uFF1A201912-339-C-RN, ReceivedDecember18,2019;RevisedFebruary13,2020;AcceptedMarch31,2020