Feeds

Currency launched to cover the cosmos

In space, everyone can hear you spend

The smart choice: opportunity from uncertainty

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 Power of One Infographic

More from The Register

next story
World Solar Challenge contender claims new speed record
One charge sees Sunswift travel 500kms at over 100 km/h
SMELL YOU LATER, LOSERS – Dumbo tells rats, dogs... humans
Junk in the trunk? That's what people have
The Sun took a day off last week and made NO sunspots
Someone needs to get that lazy star cooking again before things get cold around here
Boffins discuss AI space program at hush-hush IARPA confab
IBM, MIT, plenty of others invited to fill Uncle Sam's spy toolchest, but where's Google?
Bad back? Show some spine and stop popping paracetamol
Study finds common pain-killer doesn't reduce pain or shorten recovery
Forty-five years ago: FOOTPRINTS FOUND ON MOON
NASA won't be back any time soon, sadly
Jurassic squawk: Dinos were Earth's early FEATHERED friends
Boffins research: Ancient dinos may all have had 'potential' fluff
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
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.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.