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IEEE Spectrum

Issue 6 • June 2012

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Displaying Results 1 - 25 of 27
  • IEEE Spectrum - Front cover

    Publication Year: 2012, Page(s): c1
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  • Table of contents

    Publication Year: 2012, Page(s):1 - 3
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  • The mag-stripe era ends [Back Story]

    Publication Year: 2012, Page(s): 4
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  • Contributors

    Publication Year: 2012, Page(s): 6
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  • Turing and the test of time [Spectral Lines]

    Publication Year: 2012, Page(s): 8
    Cited by:  Papers (1)
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  • The solar efficiency gap

    Publication Year: 2012, Page(s):11 - 12
    Cited by:  Papers (2)
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  • Electromagnetic depression treatment nears approval

    Publication Year: 2012, Page(s): 13
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  • Counterfeit chips on the rise

    Publication Year: 2012, Page(s):16 - 17
    Cited by:  Papers (8)
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  • Cleaner coal's last stand

    Publication Year: 2012, Page(s):17 - 18
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  • Laser cuts paper [Hands On]

    Publication Year: 2012, Page(s):21 - 22
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  • MBAs in Europe [Careers]

    Publication Year: 2012, Page(s):22 - 23
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  • The patent eligibility bar gets raised again [Innovation]

    Publication Year: 2012, Page(s): 24
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  • Smart bullets [First Look]

    Publication Year: 2012, Page(s): 25
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  • Consumption 2.0 [Technically Speaking]

    Publication Year: 2012, Page(s): 26
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  • The beginning of the end of cash [Special Report]

    Publication Year: 2012, Page(s):27 - 29
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (3463 KB) | HTML iconHTML

    The basic paradigm has been in effect for years. You toil, scheme, cajole, and cogitate, and in exchange you get paid-but probably not in cash. Some bits get altered periodically in a database somewhere, as infinitesimal patches of ferromagnetism on disks or electromagnetic pulses flitting from here to there. Your earnings, your savings, your spending: Virtually all of it is virtual. View full abstract»

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  • Let a thousand currencies bloom

    Publication Year: 2012, Page(s):30 - 34
    Cited by:  Papers (2)
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (17316 KB) | HTML iconHTML

    Science-fiction writers once imagined a galactic currency that would grease the wheels of commerce from here to Alpha Centauri. In fact, however, we are tending in precisely the other direction, toward a burgeoning number of ever more specialized currencies. These will circulate electronically, by means of the mobile phones that are increasingly part of the dress of every person on the planet. View full abstract»

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  • Blood and money

    Publication Year: 2012, Page(s):36 - 41
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (19146 KB) | HTML iconHTML

    One of the most notorious ATM scams in Japan started at a posh golf club in the green hills of Gunma prefecture. In 2004 a ring of thieves that included a club employee installed tiny cameras in the club's locker room to record members typing in their four-digit locker codes. Then, while the golfers were out on the links, the thieves opened the lockers and used "skimming" devices to copy data off ... View full abstract»

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  • Cashing out

    Publication Year: 2012, Page(s):42 - 43
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (4918 KB) | HTML iconHTML

    Not long ago, I was visiting my sister in New Jersey when a last-minute change in plans forced me to hop on a train into New York City without time to prepurchase a ticket. When the conductor came around, I fished my wallet from my back pocket, took out my credit card, and waved it at him. View full abstract»

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  • A brief history of money

    Publication Year: 2012, Page(s):44 - 79
    Cited by:  Papers (2)
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (27599 KB) | HTML iconHTML

    In the 13th century, the Chinese emperor Kublai Khan embarked on a bold experiment. China at the time was divided into different regions, many of which issued their own coins, discouraging trade within the empire. So Kublai Khan decreed that henceforth money would take the form of paper. View full abstract»

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  • The cryptoanarchists' answer to cash

    Publication Year: 2012, Page(s):50 - 56
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (17809 KB) | HTML iconHTML

    There's nothing like a dollar bill for paying a stripper. Anonymous, yet highly personal-wherever you use it, that dollar will fit the occasion. Purveyors of Internet smut, after years of hiding charges on credit cards, or just giving it away for free, recently found their own version of the dollar-a new digital currency called Bitcoin. View full abstract»

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  • Virtual currency gets real

    Publication Year: 2012, Page(s):52 - 53
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (661 KB) | HTML iconHTML

    Virtual currency is what you use to pay for a virtual tractor for your virtual farm or for a healing elixir for your avatar. But the market for digital scrip is expanding, leading some to speculate that virtual currencies will one day grow so large that they'll have a big effect on real-world economies. Opinions are split about whether that will be a good thing or a bad thing. View full abstract»

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  • Quantum cash and the end of counterfeiting

    Publication Year: 2012, Page(s):58 - 59
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (1820 KB) | HTML iconHTML

    Since the invention of paper money, counterfeiters have churned out fake bills. Some of their handiwork, created with high-tech inks, papers, and printing presses, is so good that it's very difficult to distinguish from the real thing. National banks combat the counterfeiters with difficult-to-copy watermarks, holograms, and other sophisticated measures. But to give money the ultimate protection, ... View full abstract»

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  • Phone-y money

    Publication Year: 2012, Page(s):60 - 63
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (16925 KB) | HTML iconHTML

    Google launched Google Wallet last year, collaborating with Sprint and Citi MasterCard. Google spent untold millions to subsidize the terminals that are increasingly to be found at checkout counters around the United States-terminals that can register the tap of a phone equipped with Near Field Communication (NFC). It's also what Verizon, T-Mobile, AT&T, and their partners plan to do this summ... View full abstract»

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  • No more waiting on near field communication

    Publication Year: 2012, Page(s): 64
    Cited by:  Papers (1)
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (1254 KB) | HTML iconHTML

    For years, when analysts and engineers talked about phones replacing our wallets, they focused on a single technology: Near Field Communication. NFC allows devices located within a centimeter or two of each other to establish a wireless connection. View full abstract»

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  • The microsecond market

    Publication Year: 2012, Page(s):66 - 81
    Cited by:  Papers (5)  |  Patents (2)
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (22162 KB) | HTML iconHTML

    Since money first came into existence, some people have made gobs of it by having particularly timely access to important news. Perhaps the most notorious examples of this phenomenon took place during the first half of the last century in many U.S. cities. Here it was organized crime that profited immensely, and the news of interest was about horse races. View full abstract»

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IEEE Spectrum Magazine, the flagship publication of the IEEE, explores the development, applications and implications of new technologies.

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Editor-in-Chief
Susan Hassler
IEEE Spectrum Magazine