IBM has just unveiled an all-new form of computer memory entitled Racetrack Memory. This new medium is looking to not only devour current hard drive and flash speeds, but become one of the most reliable forms of digital memory since it is static. Also, Reacetrack memory is looking to cost nearly 100 times less than the current hard drive and flash medium. This will mean more bang (processing power) for your buck.

“Data stored on racetrack moves around on a wire pushed by spiralling magnetics, unlike hard disks in which a motor-operated head, much like a record player, has to move to the data to read it. It’s those moving parts that make hard disks, invented by IBM in 1956, susceptible to crashing.”

This is just another example of how fast tech is changing and how future portable devices may some day exceed our current stationary computers today.

[SOURCE]