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Word: algorithmic (lookup in dictionary) (lookup stats)
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...right on its face. The cardholder inputs a PIN, stored directly in the card's circuitry; the same code must be entered before each use. The PIN turns the card on and generates a unique one-time-only transaction code. For approval, that code has to synch with an algorithm run by the credit-card company's computer. The smart card isn't on the market yet, but its inventors hope it will someday replace all traditional credit cards. IBM plans to license the technology...

Author: /time Magazine | Title: Tech Watch | 4/26/2004 | See Source »

...right on its face. The cardholder inputs a PIN, stored directly in the card's circuitry; the same code must be entered before each use. The PIN turns the card on and generates a unique one-time-only transaction code. For approval, that code has to synch with an algorithm run by the credit-card company's computer. The smart card isn't on the market yet, but its inventors hope it will someday replace all traditional credit cards. IBM plans to license the technology...

Author: /time Magazine | Title: A Card That Asks For ID | 4/25/2004 | See Source »

...right on its face. The cardholder inputs a PIN, stored directly in the card's circuitry; the same code must be entered before each use. The PIN turns the card on and generates a unique one-time-only transaction code. For approval, that code has to synch with an algorithm run by the credit-card company's computer. The smart card isn't on the market yet, but its inventors hope it will someday replace all traditional credit cards. IBM plans to license the technology. --By Sora Song

Author: /time Magazine | Title: Money: A Card That Asks For ID | 4/12/2004 | See Source »

It’s the year 2004, and though we have yet to see flying cars and Rosie the Robots in our kitchens, at least we can now better predict course enrollments. Thanks to an innovative algorithm designed by students in Computer Science (CS) 96, “System Design Projects,” the College will be able to prevent the misallocation of 1,200 teaching fellows (TFs) in future terms...

Author: By The Crimson Staff, | Title: Predicting Options | 2/17/2004 | See Source »

...algorithm, dubbed a “machine learning system” by McKay Professor of Computer Science Stuart M. Shieber ’81, who teaches CS 96, incorporates more than a decade of data—including historic enrollment, course type, department, CUE Guide ratings and time slot. The gains in efficiency of a standardized mathematical model for predicting course enrollment will benefit the entire Harvard community...

Author: By The Crimson Staff, | Title: Predicting Options | 2/17/2004 | See Source »

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