Plastic banknotes were invented in Australia by the Reserve Bank of Australia and the CSIRO.
1988 by prof. david soloman
Plastic banknotes are more durable and more waterproof than paper banknotes, as well as being harder to counterfeit.
in the 600s A.D.
Carrying around gold and silver was to heavy.
The Chinese jiazi banknotes are generally considered to be the first paper money in history, entering use around about 960 AD. The first European banknotes were issued in Sweden in 1660.
Plastic banknotes have several advantages over paper banknotes. - They are much more resilient than paper notes, being very difficult to rip or tear. - They are waterproof. - They are much more difficult to forge. The polymer polypropylene, or to be more accurate biaxially oriented polypropylene, is chosen for use in the manufacture of plastic banknotes both because of polypropylenes resistance to most types of solvents and glues and because of it's resilience.
Australia pioneered the production of polymer (or plastic) banknotes to replace the relatively expensive to produce and not very durable paper banknotes. Australia completed the transition to polymer banknotes in 1996 and all paper notes were withdrawn from circulation. See the link below.
The first Plastic to be invented was CELLULOID in 1868
The first Plastic to be invented was CELLULOID in 1868.
Fireworks, paper, bells, alcohol, coffins, Noodles, Banknotes
plastic invented by Alexander Parkes for the first time.
Leo Baekeland invented the first plastic bowl. Leo Baekeland was from Belgium but lived in New York City when he invented the plastic bowl.