Dear Shyam,
In yesterday’s “ Mumbai
Mirror “ , I came across following news :
“ New Fabric can store data
without electronics “
I also looked it up on your web page : https://homes.cs.washington.edu/~gshyam/
and saw the video and then wondered :
“ Can your technology help the Indian Government
, tackle the twin problems of ,
·
Detection of fake /
forged currency notes of high denominations ( Rs 500 / 2,000 )
·
Reduction
of BLACK MONEY ( usually held as CASH of Rs 500 / 2,000 notes )
Earlier , I had suggested to the Indian
Authorities to consider embedding RFID
nano-chips in those notes , to track any accumulation
of ( say ) 1000 notes in an area of 1 sq meter , anywhere in India
The idea of embedding RFID
was considered “ feasible “ by Sanjay Sarma
Only a few days back , I learned that
the Australian Government is considering embedding RFID nano-chips in its $ 50 / 100 , currency notes for the
purpose of tracking the Black Money
In “ Mumbai Mirror “ news item , you are quoted :
“ This is a completely electronic-free design , which means you can
iron the smart fabric or put it in the washer and dryer. We are using something
that already exists on a smart phone and uses
almost no power, so the cost of reading this type of data is negligible “
Report further says :
“ The team also demonstrated that the
magnetized fabric could be used to interact
with a smart phone while it is in one’s pocket …
Scientists realized that this off-the-shelf conductive
thread also has the magnetic properties that can be manipulated to store either digital data or visual
information like LETTERS or NUMBERS “
I believe all currency notes come with a metallic SECURITY THREAD , capable of being magnetized
So, could that thread be able to store
the UNIQUE SERIAL NUMBER , assigned to each and every currency note , which ,
in turn , can be “ read “ by the Smart
phone , and “ transmitted “ to the
Central Server of the India’s Income Tax Department ?
If possible , this can track those high
denomination currency notes lying in wallets /
purses ( - assuming that a smart phone is also next to those notes )
This still leaves open the following issue :
Huge bundles of high currency notes (
totalling millions of rupees ) , are usually stored in lockers ( at home or in bank vaults )
How can your invention help to track
these ?
I would highly appreciate
if you can show a way by which India can leapfrog Australia
My idea is explained at length at :
With Regards,
hemen
parekh / Mumbai
(
M ) +91 - 98,67,55,08,08
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