For over a year , I
have been sending emails to NDA ministers / Secretaries / MPs / MLAs etc , to persuade
them to come out with NEW PLASTIC notes ( Rs 500 / 1000 ) , which are embedded with RFID micro-chips ( thinner than
human hair and costing 30 paise each )
This simple / cheap innovation , based on GPS / IoT / IndiaStack based technology platform, will then
enable IT / ED departments to visualize on their mobiles / tablets / desk-tops
, any accumulation of ( say ) , 1000 notes of Rs 2,000 denomination, in an area
of ( say ) one square meter, anywhere in India !
Then , there will
be no place for any such ACCUMULATION
/ CONCENTRATION , to hide !
Now I suggest another
ALTERNATIVE where Google can help IT / ED to locate such hoards of BLACK MONEY
Scientists at MIT (
including NRI , Ramesh Raskar /
email = raskar@mit.edu ), have developed a TERAHERTZ CAMERA that can " read pages of a book, without opening the book "
If our Policy Makers were to request Google , to modify its
Mobile Operating System ( ANDROID ) , in such a way that it converts cameras built
into any Smart Phone , into TERAHERTZ CAMERAS , our problem gets solved !
And all that RBI
has to do , is to provide to Google , the Serial Numbers of ALL of our NEW ,
high denomination notes , for storing in Google Cloud Database
Now , this TERAHERTZ CAMERA of an
ANDROID based smart phone ( some 80 % of smart phones are Android-based ) lying
in my pocket, will " read
" the Serial Numbers of all currency notes ( also lying in my pocket ), compare
each with the Google Cloud Database , compute the TOTAL VALUE of the high currency notes in my
pocket and send an ALERT
to IT / ED departments !
But then, rarely a huge amount of the HIGH DENOMINATION
notes , are carried in shirt / pant pockets
These are lying in steel cabinets at home or in bank
lockers
There is NO
technical problem in equipping these Cabinets / Lockers with small internet
connected and GPS enabled , TERAHERTZ
CAMERAS , talking to IT / ED departments !
Of course ,
embedding Rs 500 / 2000 notes with RFID sensors has other advantage of being
able to DETECT any
large amount of Rs 500 / 1000 notes getting transported in any vehicle
NDA
government has already " mandated " , Indian Automobile Manufacturers
to install RFID chips into
all vehicles ( from 2018 ) , so that these vehicles do not need to stop
at toll nakas and that the toll gets collected automatically.
So , those RFID chips built into the
vehicles ( for toll purpose ) can also be configured to talk to the chips
embedded into the notes
being transported and alert the IT / ED !
And what is the
difficulty for the government to mandate all manufacturers of STEEL CABINETS /
BANK LOCKERS , to pre-install RFID chips in their products ?
When it comes to
catching the BLACK MONEY hoarders , leave no stone unturned !
A report from LIVESCIENCE
( http://www.livescience.com/56054-new-tech-could-read-closed-books.html ) describes this technology as follows :
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Using technology
akin to X-ray vision, scientists can read CLOSED books, identifying letters printed on stacks
of paper ......
The
researchers used a TERAHERTZ camera to scan a STACK of card-size,
300-micron-thick sheets of paper. Each had a single letter about 0.3 inches (8
millimeters) wide written on only one side in pencil or ink.
Another possibility of greater use in
daily life may be "future scanners that can scan through large amounts of
documents WITHOUT HAVING TO MECHANICALLY
SEPARATE THE PAGES, which could be
useful for libraries, BANKS and others," Heshmat said. " Such a
future scanner wouldn't use terahertz waves, but perhaps infrared light."
Other
potential industrial applications may include analyzing any materials organized
in thin layers, such as layers of paint or coatings on machine parts or
pharmaceuticals, Heshmat said.
The scientists detailed their
findings online today (Sept. 9) in the journal
Nature Communications.
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It is high time we find technological
solutions to the problem of elimination of Black Money , where there is no
scope for human interpretation / intervention / influence !
I have no doubt , Minister for IT , Shri Ravi Shankar Prasad can get his
team to implement these solutions , within 3 months
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14
Dec 2016
www.hemenparekh.in / blogs
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