Can magnetic core memories be used to process audio signals?

This question is in relation to another question I asked previously -

"Does magnetic flux density have a measurable tonal characteristic in audio?"
(feel free to answer this as well if you'd like to, plus it explains why I am interested in the possible use of this technology. Just click my name to see my other question on my page)

So, THIS question is-
Can magnetic core memories be used to process audio signals?
Question expanded is, Can magnetic core memories be used to process audio signals in terms of voltage throughput, and if so is it possible to control the adjacent magnetic flux behavior of a single 'stream' or path of throughput (audio path) voltage stream by using the nearby and directly adjacent core groupings?

If you know what I am driving at here then give me a sign:)

My purpose for researching this has entirely to do with gaining a better understanding of magnetic flux behavior as it relates to audio. I am working toward something big for audio that I'd rather not go into detail about, but it relates to how MEMS can be integrated with analog and digital components to achieve a far superior tone generation resource for music and audio HIFI playback systems using digital purely for controls and data storage and acquisition.
 
 
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