Feeds

Currency launched to cover the cosmos

In space, everyone can hear you spend

Secure remote control for conventional and virtual desktops

Scientists have come up with a new currency to be used by inter-planetary travellers. The Quasi Universal Intergalactic Denomination, or Quid, is made from a polymer used in non-stick pans and is designed to withstand the stresses of space travel.

The Quasi Universal Intergalactic Denomination, or Quid

The Quasi Universal Intergalactic Denomination, or Quid.

Bearing a striking resemblance to the Drogna - the currency used in The Adventure Game - the Quid has no chemicals or sharp edges that could pose a potential problem to space goers should the "coins" accidentally float free in zero gravity.

It was designed for foreign exchange company Travelex by scientists from the National Space Centre and the University of Leicester. They predict that regular trips into space will be considerably more commonplace within the next five years and that holiday facilities on the Moon are a possibility within the next 50 years.

The issue of currency has long featured in science fiction, from the all-encompassing "credit" to the Altarian Dollar, the Triganic Pu, or even where money doesn't exist at all as is the case in Star Trek.

Professor George Fraser from the University of Leicester told BBC News: "With an inflatable space hotel from Bigelow Aerospace under development in the US, and Virgin Galactic developing SpaceShipTwo, there will be better access to space than there has been.

"In the fullness of time we will have to adopt a universal currency if we are going to carry out serious commerce in space. It's an interesting initiative."

The current rate of exchange is £6.25 to the Quid. ®

The essential guide to IT transformation

More from The Register

next story
Our LOHAN spaceplane ballocket Kickstarter climbs through £8000
Through 25 per cent but more is needed: Get your UNIQUE rewards!
LOHAN tunes into ultra long range radio
And verily, Vultures shall speak status unto distant receivers
EOS, Lockheed to track space junk from Oz
WA facility gets laser-eyes out of the fog
Volcanic eruption in Iceland triggers CODE RED aviation warning
Lava-spitting Bárðarbunga prompts action from Met Office
NASA to reformat Opportunity rover's memory from 125 million miles away
Interplanetary admins will back up data and get to work
Major cyber attack hits Norwegian oil industry
Statoil, the gas giant behind the Scandie social miracle, targeted
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?