Wednesday, November 09, 2016

New Rs. 2000 Note Will Not Have a Nano GPS Chip

PM Narendra Modi announced  that existing 500 and 1000 rupee notes are being demonetised, and they will be replaced by new 500 and 2000 rupee notes. RBI has released images and some details about the new notes of 2000 rupees and 500 rupees. According to these rumours, which were circulating on WhatsApp even before the demonetisation announcement, the new notes would come with what is variously described as a "micro nano GPS chip", which is supposed to be able to help track individual notes by way of satellite.

RBI having released many details of the Rs. 2000 note and the so-called nano GPS chip finding no mention therein, it's safe to say that those forwards are a hoax. Here's a sample message that some of you may have seen:

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 feel7 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 NGC Technology Works? The unique feature of the NGC is it dosent need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC 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 NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note

 everything you read above is unofficial, and almost everything is a hoax. We can barely get a GPS signal indoors, and if you believe the forward, the RBI has packed every single Rs. 2000 note with a wafer-thin GPS chip that can get a signal even "120 metres below ground level", which makes absolutely no sense. Not to mention the only chips that can be powered by a 'reflective signal' - like RFID chips - can transmit data only over very short distances, and not across hundreds of thousands of kilometres like the forward suggests.

All details about New Rs 2000 Note



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