From the article:
“Although “positioning” is an obvious application of the technology, it’s also become a crucial timekeeper for the financial industry. Transactions made everywhere, from ATMs to Wall Street stock trades, are time-stamped using precise atomic clocks ticking within the GPS satellites. The clocks are accurate to one-billionth of a second. It’s a crucial technology for Wall Street, where a fraction of a second could mean billions of dollars.”
JH- Stealing an entire ATM never passed through my mind..........(heh-heh)!
Odd as it may seem much of the internet would not operate without GPS timing/synchronization. I work for a Wireless Internet provider. We have no less than 9 hubs that require GPS in order for the synchronization to stay timed.