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, 10 June 2021

A New Avatar of High Denomination Currency Notes ?

 


 

Dear Shri Narendrabhai,


Behind announcement of DEMONETIZATION a few years ago, one of the objectives was elimination / reduction of BLACK MONEY


This objective was met only partially


But being a tenacious person, I am sure, you are unlikely to give up .


Your “ Honesty of Purpose “has never been in doubt !


You have often said :

"  I like to experiment and take bold, out-of-the-box decisions "


Here is one decision that the generations of Indians to come, will remain  grateful for !

 

With regards,

Hemen parekh  /  hcp@RecruitGuru.com  /  11 June 2021

 

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Nearly 5 years ago , I reported about “ Smart Clothes “ in my following blog :

Help ! please , rescue me ! …………………..[ 08 Aug 2016 ]

 

Extract :

    Researchers from Birmingham City University plan to create an " Internet of Clothes " that tags garments using washable contactless technology , known as Radio Frequency Identification ( RFID )

 

HOW  IT  WORKS

 

 

Step # 1  : Users will receive a tweet and message every day from the clothing asking to be worn

 

Step # 2  : Forgotten items in the wardrobe will text owners to remind them they are gathering dust

 

Step # 3  : If the notifications are ignored by the user, the garments will get in touch with a clothing charity

 

 

Report in newspaper " Business Line "  adds :

 

Ø  " Think of the surprise when an owner suddenly receives bids for items they did not know were in their wardrobe "

 

Ø  But , on the other hand embedding RFID sensors into high denomination currency notes would need,

 

 

No discussions ( since, no political party would want to appear to be protecting the black money ! )

 

>   No passing of any Bill in the Parliament

 

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

 

Nothing further was heard about progress on this innovation, till yesterday when I came across following article :


Forget Wearables: Future Washable Smart Clothes Powered By Wi-Fi Will Monitor Your Health

 

Extract :

Ø  Purdue University engineers have developed a method to transform existing cloth items into battery-free wearables resistant to laundry. These smart clothes are powered wirelessly through a flexible, silk-based coil sewn on the textile.


Ø  In the near future, all your clothes will become smart. These smart cloths will outperform conventional passive garments, thanks to their miniaturized electronic circuits and sensors, which will allow you to seamlessly communicate with your phone, computer, car and other machines. This smart clothing will not only make you more productive but also check on your health status and even call for help if you suffer an accident.


Ø  Purdue engineers have developed a new spray/sewing method to transform any conventional cloth items into battery-free wearables that can be cleaned in the washing machine.


Ø  Unlike common wearables, the Purdue smart clothes do not require batteries for powering. By simply harvesting energy from Wi-Fi or radio waves in the environment, the clothes are capable of powering the circuitry sewn on the textile.


Ø  “I envision smart clothes will be able to transmit information about the posture and motion of the wearer to mobile apps, allowing machines to understand human intent without the need of other interfaces, expanding the way we communicate, interact with devices, and play video games.”


Ø  The innovations are patent pending. For information on licensing a Purdue innovation, contact the Office of Technology Commercialization at otcip@prf.org.

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

MY TAKE :


For past few years, I have been advocating embedding RFID sensors in high denomination currency notes


Idea is to enable such notes to communicate to Income Tax department Central MONEY – TRACKING server / software, through any nearby Mobile Phone


If implemented, this could drastically reduce the menace of BLACK MONEY


Till now providing power to those RFID sensors ( without also embedding a miniscule battery in each note ) is a problem


May be Purdue team’s innovation can overcome this limitation


It is certainly easier to print millions of high-denomination notes on high capacity printing presses than embed all of these tech devices in clothes !


 

RELATED READINGS :


NETWORK OF CURRENCY NOTES ? ……………………………..[ 03 Nov 2015 ]

  

How to conquer Corruption ? ………………………………………..[ 21 Dec 2015 ]

Oracle has spoken ………………………………………………………….[ 25 Mar 2016 ]

Currency Maps of India ? ……………………………………………….[ 08 May 2016 ]

The March of Algorithms ………………………………………………..[ 05 July 2017 ]

Fak - e – Mon …………………………………………………………………..[ 17 July 2016 ]

1984 was nothing ! ………………………………………………………….[ 23 Aug 2016 ]

Tip of the Iceberg ? ………………………………………………………….[ 13 Oct 2016 ]

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

Reducing Black Money : The Grand Strategy ?...............[ 26 July 2017 ]

Black Money : Solution at last ………………………………………….[ 14 Jan 2018 ]

#RFID , A breakthrough , at last ?...............................[ 06 June 2018 ]

RBI : how about an audible note ? …………………………………..[ 23 Mar 2019 ]

 

 

 

 

 

 

 

 

 

 

 

 

 

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