The nitty-gritty science behind the development (which is outlined in a recently published study) would require a PhD in physics to fully understand, but basically, the material "sandwiches" together individual layers of atoms to produce a thin, magnetically polar film that can be switched from negative to positive using a tiny pulse of energy. Yeah, it's complicated.
What's more important to understand, however, is that this unique ability could be used to send and receive the streams of 1s and 0s -- that code that fundamentally controls computers -- far more efficiently. In other words, computers, smartphones, and similar devices could read and write data (i.e., perform their most critical functions) with just a trickle of power, and a full charge of your iPhone's battery could potentially keep it juiced for three freaking months.
One of the lead researchers on the project believes we're still a few years from seeing a viable device made with this stuff, but it's still an incredibly encouraging prospect considering it's estimated that by 2030, electronics could account for half of global energy consumption.
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