High precision time protocols, originally designed for Europe's Big Science, guarantee honest financial transactions

It was European scientists who, more than a decade ago, developed extremely precise network time distribution procedures for CERN. Numerous sectors, including banking, have recently begun using them. John Fischer, Oralia’s v. p. of advanced research, holds his hands approximately 30 centimetres apart and says, "Look at my fingers." The time interval you just described is called a nanosecond. That's how far light can travel ....