ABSTRACT

Magnetic nanostructures, such as nanodots, nanowires, and thin

films play an important role in information technologies, energy

resources, and life sciences. Conventional electronic devices are

based on the property of the electron charge, mainly ignoring the

spin inherent in each electron. Devices that rely on an electron spin

to perform their functions form the foundation of “spintronics” [1-

4]. Examples of spintronic phenomena are giant magnetoresistance

(GMR) [5, 6] and tunneling magnetoresistance (TMR) [7, 8], the

former of which is currently used in computer reading heads and

the latter of which is intended for the next generation of random

access memory (RAM)—magnetic RAM. These advances have been

due to new discoveries and a better understanding of magnetic

and electronic properties of magnetic nanostructures. Driven by

the wish to realize the proposed concepts of future spintronic

devices the development of novel nanostructures and nanomaterials

with tailored electronic and magnetic properties has become a

key challenge of today’s research. A promising path to control the

magnetic properties of matter is to use low-dimensional systems

and to reduce their size down to the nanometer or even atomic scale.

There are a number of issues that need to be explored for these

low-dimensional systems-the problem of finite size scaling, the

superparamagnetic limit, and the proximity effect to othermaterials.

Understanding magnetism on the atomic scale offers opportunities

for future devices. The development of new magnetic materials is

crucial for creating opportunities for the next generation of sensors

and devices.