Technology matters

Technology matters

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02/06/2017
Photos from Technology matters's post 11/09/2016

2000 Rupee bill is not a just news,,,
News is about technology....!

The Rs.2000 currency has state of the art indigenous nano technology to prevent black money use.
Each note has an NGC (Nano GPS Chip), which functions without any power source.
The NGC is like a tracker that is connected to a satellite which can detect its exact location.
The satellite can also detect the serial number of the note from the NGC.
It has been designed in such a way that a satellite will be able to detect the Rs.2000 currency note upto 150 meters below the ground.
If anyone tries to tamper with the NGC, the note itself will become damaged and, therefore, unusable.

How this helps

A tracker is the best thing to have happened to currency notes.
Since every note can be tracked, the satellite will be able to detect if there is an unusually high concentration of notes at a specific place.
If the number of notes is unusually high and the place of location is not any bank or other financial institution, it hints at the possibility of black money being hoarded.
The appropriate authorities will then take action based on the data gathered from the satellite.

So the black money hoarders can bid goodbye to their stash.

08/25/2016

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