Currency Notes for Visually impaired ?
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Today’s Business Line carries following news :
Solutions
being considered :
*
Notes should be of different sizes
*
Notes should have embossed symbols for easy
identification ( like braille )
*
RBI to look into the feasibility of developing a device
or mechanism to help the
visually challenged easily identify currency notes
The first two solutions are fairly simple and
straightforward
But , both will require scrapping the current notes
and re-printing with accepted solution
Persons opposed to “ device or
mechanism “ solution say :
A very expensive proposal for a small minority
And , this solution too , may require
re-printing !
But , if the present notes have to be scrapped in any
case and new ones have to be printed , I suggest following solutions which have
a desirable “ bye-product “ of eliminating /
reducing BLACK MONEY as well !
SECURITY THREAD :
* The metallic SECURITY THREAD in
the Currency Notes can be made to store the
unique SERIAL NUMBER of each currency
note , AND a simple Smart Phone can read
that
number and transmit that data to any government agency ( IT / ED / CVC etc )
This will be coupled with a Mobile
App which will SPEAK ALOUD the
denomination of
a note held near the
currency note, using NFC / BLUE TOOTH
QUOTES FROM RESEARCH PAPER :
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
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 )
References :
Technology >
Innovator >
RFID SENSOR :
Read :
11 June 2018
www.hemenparekh.in
/ blogs
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