Here is How it Works : This technology with which 2000 currency note is designed can KILL Back Money

Libtards have started their daily ritual of blaming Modi by saying instead of stopping Rs.1000 currency,Modi is giving boosting black money business by having bigger currency notes.

What they should have known about the new Rs.2000 currency note before doing chest thumping –

India is all set to add one more denomination to its currencies shortly. The Reserve Bank of India (RBI) will be issuing Rs 2,000 currency notes, the highest to come into circulation, even as some “EXPERTS” feel high-value denominations should be discontinued to curb black money.

The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a *NGC (Nano GPS Chip)*

 

How the embedded RFID tag works?

  • The unique feature of the RFID is it doesn’t need any power source.
  • It only acts as a signal reflector.
  • When a satellite sends a signal requesting location, the RFID reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every RFID tag currency can be easily tracked and located even if it is kept 120 meters below ground level.
  • The RFID tag can’t be tampered with or removed without damaging the currency note.

How will this help eradicate black money menace?

  • Since every RFID tagged currency can be tracked, the satellite can identify the exact amount of money stored at a certain location.
  • If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks and other financial institutions.
  • The information will be passed on to the Income Tax Department for further investigation.

The new Rs 500 note. (Photo: ANI)

 

The new Rs 500 note. (Photo: ANI)

 

The new Rs 2000 note. (Photo: ANI)

Source – India Today

Leave a Reply

Your email address will not be published. Required fields are marked *