RE: DATA STORAGE ON CLOTHS WITHOUT ELECTRONICS

Dear Shyam,

In my preceding mail , I talked about the huge problem of COUNTING of old ( De-Monetized ) currency notes by the Reserve Bank of India

The exact figures of those OLD notes returned to RBI , are as follows :

·          Notes of Rs 500 / - …………………………….. 15.71    Billion pieces

·         Notes of Rs 1000 / -…………………………….    6.33     Billion pieces

Warm Regards,

Hemen Parekh

+91 98675 50808

3P Consultants \ Strategic Human Resources Consultants

From: Hemen Parekh [mailto:hcp@recruitguru.com]
Sent: 08 November 2017 10:10
To: gshyam@cs.washington.edu
Cc: hcp@recruitguru.com
Subject: RE: DATA STORAGE ON CLOTHS WITHOUT ELECTRONICS

Dear Shyam,

In my earlier mail , I had wondered :

“ Can storing of unique SERIAL NUMBER of a Rs 2000 currency note , in its SECURITY THREAD , help detect large accumulation ( say 500 pieces of notes ) in a Bank or Home Locker ? And enable transmitting that info to a central server of the Income Tax Department ? “

The reason for this inquiry will be clear from the following news which appeared in today’s Times of India :

New Delhi:

When income tax authorities began investigations against a businessman associated with a leading car manufacturer, the trail led them to a vault, run by a private agency.

On opening it, officers discovered several kilos of stashed bullion, along with diamond and cash..

Similarly, a search operation relating to a Jaipur-based financier led them to a private vault, where bundles of Rs 500 notes were nearly stacked.

Using cash counting machines, the search found that Rs 3.57 crore was stored in currency notes

While many of these vaults , run by local businessmen, are in and around wholesale markets, where cash still dominates transactions, there is a rising trend of them being located in residential localities stored in currency notes,

Unlike a bank locker, where it is illegal to keep cash, the private vaults offer more privacy and getting details of the those who have rented them is more difficult compared to one in a bank branch.

Incidentally , one year since de-monetization ( 08 Nov 2016 ) , Reserve Bank of India has still not been able to finish “ counting “ those millions of Rs 500 / 1000 old notes returned by the holders , despite employing 60 Note Counting Machines , on 24 hour basis !

If their SERIAL NUMBERS were stored in SECURITY THREADs , could your technology have completed counting faster ?

I eagerly await your response

Warm Regards,

Hemen Parekh / Mumbai

+91 98675 50808

3P Consultants \ Strategic Human Resources Consultants

From: Hemen Parekh [mailto:hcp@recruitguru.com]
Sent: 03 November 2017 10:23
To: 'gshyam@cs.washington.edu'
Cc: 'Sanjay Emani Sarma'; 'hcp@RecruitGuru.com'
Subject: DATA STORAGE ON CLOTHS WITHOUT ELECTRONICS

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 :

Fak – e – Mon

Network  of  Currency  Notes

Currency  Map  of  India

With Regards,

hemen  parekh / Mumbai

www.hemenparekh.in 

hcp@RecruitGuru.com 

( M ) +91 - 98,67,55,08,08