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In this video:
Developed over the course of decades, GPS has become far more ubiquitous than most people realize. Not just for navigation, its extreme accuracy in time keeping (+/- 10 billionths of a second) has been used by countless businesses the world over for everything from aiding in power grid management to helping manage stock market and other banking transactions.
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Sources:
en.wikipedia.o...
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www.faa.gov/ab...
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ftp://tycho.usno.navy.mil/pub/gps/gpstd.txt
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