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

Thursday 26 October 2017

#BlackMoney

8th  Nov  :  Anti  Black  Money  Day  ?


Whereas Opposition Parties ( primarily , Congress ) want to celebrate 8th Nov as a “ BLACK DAY “ , NDA government has announced that it will be celebrated as “ Anti Black Money Day



Although opinions are divided as to the DeMo having succeeded or not in getting the economy rid of the BLACK MONEY , one may ( grudgingly ? ) concede that this could be considered the FIRST STEP in that direction



But , it would be a pity if  8th Nov 2017 , ends up being no more than a series of celebratory and derogatory speeches on the merit / demerit of Demo !



Quite like paying homage to Mahatma Gandhi at Raj Ghat , every Nirvana Day , by offering flowers and the ritual of going around the memorial !



If NDA government is really determined to get rid ( permanently ) of existing STOCK of BLACK MONEY , and also FUTURE GENERATION of Black Money , then on 08 Nov 2017 , PM should announce introduction of RFID nano-chips in high currency notes of Rs 2000 ( existing ones to be replaced with new Plastic ones) - and forget re-introduction of Rs 1000 note



Exactly as suggested by me , ONE YEAR before the DeMo Day  , in my following blog / email dated 03 Nov 2015 :


Networkof Currency Notes  [  03  Nov  2015  ]





Followed by another 38 emails sent to the Central Cabinet Ministers between Nov 2015 and the date of DeMo announcement ( 08 Nov 2016 )



For those 38 links , look up :







Those who doubt the feasibility of this technological innovation , please read following :




australian economy  /  03  July  2017


Cash crackdown boss floats nano-chips in notes

THE man charged with cracking down on the “black economy” has revealed how he would like to keep track of your $100 and $50 notes.


Hi-tech nano-chips would be implanted in Australia’s “disappearing” cash under a plan floated by Michael Andrew, the head of the federal government’s Black Economy Taskforce.


“You could put a trace on some of these notes to see where they would go. YOU CAN USE NANO TECHNOLOGY TO PUT LITTLE CHIPS IN SO YOU COULD THEN TRACE IT.”


For full report , click :





As to the feasibility of this suggestion , here is what a leading authority on RFID chips wrote to me :



25  March , 2016


Dear Mr. Parekh,

Yes, placing tags on money has certainly been considered in the past.  I think it is a matter of time before it happens. I do agree with your idea. 

----------------------------------------------------------------

13  Nov  2016

Hi Hemen,

It can be brought down to about 3-5 cents with scale. 

Meanwhile check out a variant of the technology which is cheaper:




27  Oct  2017

www.hemenparekh.in / blogs

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When I emailed Sanjay re the development in Australia , here is how he replied :



Dear Sanjay ,

Your prediction is about to come true  !


=============================


Indeed  !
Sanjay Emani Sarma

 <sesarma@mit.edu>



(The wisdom is Siri's, the typos mine.)


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