Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Monday, 31 December 2018

RBI : DOING SOMETHING FOR THE BLIND


Start Up  !  Make  a  Difference  !

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Today’s Business Today carries following news report :




Highlights  :

·      There are about 80 lakh blind or visually impaired people in the country, who are likely to benefit from the initiative of the central bank.

·      The device/mechanism should be able to identify the denomination of a banknote with handheld operation, when the banknote is held in front of it / near it / inserted in it / scrolled across it, within a few seconds (preferably 2 seconds or less) and read out in English/Hindi the denomination, said the tender document.


·      In case of a software-based solution, the document said: "The solution can be either total software based capable to run on mobile phones or hardware driven or a combination of both... ."

·      Also, it should not require a data connection and should function in offline mode, as per the document.


·      In the case of a hardware-based solution, the device "should be battery operated, rechargeable, small and handy" for ease of operation and should not require additional light source including daylight

·      The tender document also said it should be amply made clear to the user that the device/mechanism does not authenticate the genuineness or otherwise of the banknote and the user may ascertain the same separately.

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Dear Start Up :


Here is your opportunity of a lifetime . Carpe  Diem  !


On 17 July 2016 , I had sent following email to Cabinet Ministers / NITI Aayog etc – although it was in the context of the menace of fake notes :

Fak - e - Mon 

 



Highlights :

·      Govt to develop a mobile app , to be aptly called , " Fak-e-Mon " and insist its pre-install on all smart phones

·      Whenever presented with a Rs 500 / 1000 note for payment , a citizen simply takes a photo of that note with his mobile . He has to do nothing more !


·      Fak-e-Mon transmits that photo to the Central Server of the Treasury which has the MASTER DATABASE of  those unique Serial Numbers of Rs 500 / 1000 currency notes


·      Software compares the Serial Number sent ( as photo )  with the Database and determines whether that note is Genuine or Fake


·      This information is instantaneously relayed back to the sender and appears as a GREEN dot ( for genuine note ) or RED dot ( for fake note ) , on his mobile , so that he can refuse to honour it !


·      Fak-e-Mon also transmits the GPS location of the place of transaction , to figure out " where " are these fake notes entering the circulation


·         Central Server records / logs , full details of ALL the good and ALL the fake notes processed through each Fak-e- Mon / mobile phone , to develop CURRENCY VELOCITY and CURRENCY MAP of India


·      Just print those unique / hidden Serial Numbers on currency notes with INK containing RFID micro-sensors

     ( Yes , these are nano-scale , so no problem to flow with ink ! )



·      Then tell millions of unemployed young Indians :

     "Go out on the streets of your city with your GPS / NFC enabled and Fak-e-Mon
      installed smart phones


          As you keep walking , now and then , on your mobile's screen , you will see images
          of FAKE currency notes popping up , out of the pockets of total strangers ! Just touch

          those images and earn Rs 10 !

         (of course, instantly deposited in your Jan Dhan Bank Account ! Only DBT - no cash )


·      Pokemon is so passe !  Fak-e-mon is THE FUTURE !

     Is anyone listening ?


   
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Dear Start Up,


In the 30 months since I sent this email , technology has made huge strides ( AI – ML – Big Data etc )


It should not be too difficult for you to modify my suggestion so that :


#   It is useful , not only for blind persons but also for seeing persons

#   It recognizes the “ Denomination “ ( from Serial Number ) and loudly announces it

#   It need not be used / activated “ consciously / deliberately “ by any one.  Using
     BlueTooth / NFC , it  will “ figure out “ the total number of high denomination notes
     on the person of the user and relay that data to the central server of IT Dept / ED
     etc  [  End of BLACK  MONEY  / CORRUPTION  ]


    
    To know how this technology works , read :

           To Catch Black Money , Ask Google ?         [  13  Dec  2016  ]



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31  Dec  2018
   



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