Got Curious about my new chipped credit card

I thought I might have lost my credit card... so I called it in missing, turns out my wallet was in my sock drawer. Mystery solved... but anyway I got my credit card in the mail yesterday and it has a CHIP in it. And the chip tracelines look like a circle with a bunch of lines in it...
possibly symbolizing the Globe.

I am just curious if this chip is used for anything else. Not that it really matters... maybe I will get a tinfoil hat for my wallet.