A new application, the LookTel Money Reader, available for $2 on the Apple iOS platform, hopes to help solve this problem by taking advantage of the devices camera to “read money” and speak the value of the currency out loud.
According to the company’s Web site, LookTel recognizes all United States currency and can read $1, $2, $5, $10, $20, $50 and $100 bills aloud.
LookTel, which is made by the software company Ipplex, says the app can recognize currency denominations in real-time. This means that users can simply wave their phone in the direction of the currency and it will speak the bill’s value as it falls into view of the camera. The application does not require an Internet connection.
The currency reading software will soon be available on other platforms, LookTel said.
To read the full article and watch a video demonstration of the app, click here.