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..
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,
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
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
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 :
With Regards,
hemen
parekh / Mumbai
(
M ) +91 - 98,67,55,08,08
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