Pittsburgh's always been a strong college town with CMU and Pitt, especially with the extremely strong UPMC hospital group. A few years ago, city leadership finally figured out that if they encouraged those students to stick around post-graduation, they might just have something there. Furthermore, housing prices were depressed in Pittsburgh before the housing bubble, so values increased to more in line with actual worth, as opposed to going far beyond. When the bubble burst, there was little to no drop in values.
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The chip, which cost US$50mil (RM180mil) to develop, uses Japanese technology and is the first with multi-band frequencies. The microchip is so tiny that it can be embedded on paper. Each chip has its own serial number.
The Malaysian Government plans to start embedding it in marriage certificates, and maybe even bank cheques and university diplomas. Another hope is to replace the barcodes in baggage handling systems with the chip. Is the Malaysian government's faith in RFID chips to provide authentication and security misplaced? Or logical?"