Technology

GPS-Time Stamps

GPS. It’s way more than mapquest. Companies worldwide use GPS to time-stamp business transactions, providing a consistent and accurate way to maintain rec...

Federal News Network Staff

April 3, 2009 7:41 pm

< a min read

GPS. It’s way more than mapquest. Companies worldwide use GPS to time-stamp business transactions, providing a consistent and accurate way to maintain records and ensure their traceability. Investment banks use GPS to synchronize their network computers located around the world. Tracking, updating, and managing multiple transactions made by a global network of customers, requires accurate timing information available through GPS.