The similarities are far too strong to ignore. Although the details are quite sparse, I would hazard a guess that these would have to share some of the properties that doomed bubble memory (which i actually played with quite a bit back in the '70s). They include: serial nature, which then leads to access time issues, and apparently destructive bit read, necessitating read-modify-write on EACH BIT during readout.
"This sounds like the magnetic bubble memory of the 70's. A good idea that never scaled out to be useful." Jack Peacock
I was thinking the same thing until I spoke with IBM who claims that the Racetrack Memory is still an active projects with papers published yearly about progress being made. Of course, only time will tell :)
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.