This first book to focus on the applications of nanomagnetism presents those already realized while also suggesting bold ideas for further breakthroughs. The first part is devoted to the concept of spin electronics and its use for data storage and magnetic sensing, while the second part concentrates on magnetic nanoparticles and their use in industrial environment, biological and medical applications. The third, more prospective part goes on to describe emerging applications related to spin current creation and manipulation, dynamics, spin waves and binary logic based on nano-scale magnetism. With its unique choice of topics and authors, this will appeal to academic as well as corporate researchers in a wide range of disciplines from physics via materials science to engineering, chemistry and life science.