Tuesday October 23, 2018
Home India Will the new ...

Will the new Rs 2000 notes really have Micro-Nano GPS chip to Track them Buried deep into the Earth?

Apart from the colour, there are a few interesting elements that are added to the new notes. It will have a picture of Mangalyaan, Swachh Bharat logo with the slogan, and denominational numeral २००० in Devnagari

1
//
1008
New Rs 2000 note. Yahoo
Republish
Reprint

November 9, 2016: Prime Minister Narendra Modi shocked the nation as he unveiled one of the boldest steps against ‘black money’ by announcing on Tuesday that Rs 500 and Rs 1,000 notes would no longer be legal tender. He also added that it will be replaced by new Rs 500 and Rs 2000 notes.

NewsGram brings to you current foreign news from all over the world

But, this announcement was followed by a trail of rumours on WhatsApp that said the new notes would come with micro-nano GPS chip or NGC , which will allegedly help to track individual notes with the help of the satellite.

https://twitter.com/Nisha__Hindu/status/796035464876658688

Mainstream media, like this Zee News post, claimed, “the chip has been fitted in such a way that it can detect Rs 2000 notes even from 120 meters below the ground.”

That would have been really impressive, if it would have been true. But, it isn’t.
On Wednesday, the RBI dismissed all such rumours entirely saying that such a technology does even exist anywhere in the world.

NewsGram brings to you top news around the world today

On Wednesday afternoon, RBI spokesperson Alpana Killawala told News18, “such a technology does not exist at the moment in the world, then how can we introduce such a feature?”

https://twitter.com/RBI/status/796031080755138563

What’s new about the new notes and can they be tracked with the help of the satellites?

Apart from the colour, there are a few interesting elements that are added to the new notes. It will have a picture of Mangalyaan, Swachh Bharat logo with the slogan, and denominational numeral २००० in Devnagari.

Details about the currency does not say anything about NGC or any tracking features, which again presumably the RBI would not want people to know, even if they have had implemented such technology.

Rumours may also suggest that government may not want the citizens to know about the technology.

Check out NewsGram for latest international news updates

Then again, even though the technology seems to be possible, how affordable it is to actually put it on the notes remain debatable.

– by Pinaz Kazi of NewsGram with inputs from various agencies. Twitter: @PinazKazi

Click here for reuse options!
Copyright 2016 NewsGram

  • Ruchika Kumari

    I am so excited to see the new Rs 2000 notes

Next Story

Aadhaar Helpline Mystery: French Security Expert Tweets of doing a Full Disclosure Tomorrow about Code of the Google SetUP Wizard App

0
cryptocurrency. google
Google to charge $40 per device to Android makers. Wikimedia Commons

Google’s admission that it had in 2014 inadvertently coded the 112 distress number and the UIDAI helpline number into its setup wizard for Android devices triggered another controversy on Saturday as India’s telecom regulator had only recommended the use of 112 as an emergency number in April 2015.

After a large section of smartphone users in India saw a toll-free helpline number of UIDAI saved in their phone-books by default, Google issued a statement, saying its “internal review revealed that in 2014, the then UIDAI helpline number and the 112 distress helpline number were inadvertently coded into the SetUp wizard of the Android release given to OEMs for use in India and has remained there since”.

Aadhaar Helpline Number Mystery: French security expert tweets of doing a full disclosure tomorrow about Code of the Google SetUP Wizard App, Image: Wikimedia Commons.

However, the Telecom Regulatory Authority of India (TRAI) recommended only in April 2015 that the number 112 be adopted as the single emergency number for the country.

According to Google, “since the numbers get listed on a user’s contact list, these get  transferred accordingly to the contacts on any new device”.

Google was yet to comment on the new development.

Meanwhile, French security expert that goes by the name of Elliot Alderson and has been at the core of the entire Aadhaar controversy, tweeted on Saturday: “I just found something interesting. I will probably do full disclosure tomorrow”.

“I’m digging into the code of the @Google SetupWizard app and I found that”.

“As far as I can see this object is not used in the current code, so there is no implications. This is just a poor coding practice in term of security,” he further tweeted.

On Friday, both the Unique Identification Authority of India (UIDAI) as well as the telecom operators washed their hand of the issue.

While the telecom industry denied any role in the strange incident, the UIDAI said that he strange incident, the UIDAI said that some vested interests were trying to create “unwarranted confusion” in the public and clarified that it had not asked any manufacturer or telecom service provider to provide any such facility.

Twitter was abuzz with the new development after a huge uproar due to Telecom Regulatory Authority of India (TRAI) Chairman R.S. Sharma’s open Aadhaar challenge to critics and hackers.

Ethical hackers exposed at least 14 personal details of the TRAI Chairman, including mobile numbers, home address, date of birth, PAN number and voter ID among others. (IANS)

Also Read: Why India Is Still Nowhere Near Securing Its Citizens’ Data?