Ultra-cold alkali atoms trapped in two distinct hyperfine states in an external magnetic field can mimic magnetic systems of spin 1/2 particles. We describe the spin-dependent effective interaction as a spin-spin interaction. As a consequence of the zero-range, the interaction of spin 1/2 bosons can be described as an Ising or, alternatively, as an XY-coupling. We calculated the spin-spin interaction parameters as a function of the external magnetic field in the Degenerate Internal State (DIS) approximation. We illustrate the advantage of the spin-spin interaction form by mapping the system of N spin 1/2 bosons confined by a tight trapping potential on that of N spin 1/2 spins coupled via an infinite range interaction.
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