Quasi Universal Intergalactic Denomination (QUID) New Space Currency
The Quasi Universal Intergalactic Denomination, or QUID, is the new currency of inter-planetary travelers. It was designed for the foreign exchange company Travelex by scientists from the National Space Centre and the University of Leicester.
(Quasi Universal Intergalactic Denomination, aka QUID)
The design intent is that QUIDs must withstand the rigors of space travel - no sharp edges and no chemicals that could hurt space tourists.
"None of the existing payment systems we use on earth - like cash, credit or debit cards - could be used in space," said Professor George Fraser from the University of Leicester. "Anything with sharp edges, like coins, would be a risk to astronauts while the chips and magnetic strips used in our cards on Earth would be damaged beyond repair by cosmic radiation."
The QUID is made from a space-qualified polymer - PTFE (polytetrafluoroethylene). This material is widely used by space agencies because of its durability and versatility. Earthlings know it better as "teflon," and are well-aware of its resistance to high temperatures and corrosive materials. (Merchants will like the ease with which QUIDs slide out of consumer's pockets.)
The rounded edges of the QUID make it safer, and also encompass the eight planets orbiting a sun which are part of the design. Each of the orbiting planets contain a serial number; taken together, these numbers will give each QUID disc a unique code to prevent counterfeits.
What's a QUID worth? The current exchange rate for the new currency is £6.25 to the QUID (or US$12.50 or about 8.68 Euros).
(Quasi Universal Intergalactic Denomination detail)
Hopefully, as we travel further from Earth and spread throughout the galaxy, people will not confuse the QUID with the "quid" - a slang term for the British pound sterling, possibly deriving from the location of the Royal mint at Quidhampton, Wiltshire, England.
Science fiction fans are probably more used to terms like the ubiquitous "credit." Here's a sample of more interesting future currency names:
"Authority pays the same for ice now as thirty years ago. And that's not okay. Worse yet, Authority scrip doesn't buy what it used to. I remember when Hong Kong Luna dollars swapped even for Authority dollars. Now it takes three Authority dollars to match one HKL dollar..."
(From Robert Heinlein's 1966 novel The Moon is a Harsh Mistress)
Philip K. Dick fans enjoy swapping the genetically unique truffle skins from his 1964 novel The Three Stigmata of Palmer Eldritch:
...Mr. Icholtz brought out his wallet and began counting out skins. "Very little publicity will be attached to this at first. But eventually--" He offered Hnatt the stack of brown, wrinkled, truffle-skins which served as tender in the Sol system...
(Read more about the truffle skins)
Readers are encouraged to contribute more science-fictional currency names.
Via Travelex Launches QUIDs in Space.
Scroll down for more stories in the same category. (Story submitted 10/7/2007)
Follow this kind of news @Technovelgy.
| Email | RSS | Blog It | Stumble | del.icio.us | Digg | Reddit |
you like to contribute a story tip?
Get the URL of the story, and the related sf author, and add
Comment/Join discussion ( 21 )
Related News Stories -
We Could Downgrade Puerto Rico - And Thereby Save It
'It was cheaper to pay the refugees to go without up-to-the-minute equipment.' - John Brunner, 1976.
The Neuroon Open Sleep Tracker For Lucid Dreaming
'Leads trail away from insertion points on her face and wrist... to a lucid dreamer on the bedside shelf.' - Peter Watts, 1999.
'Do Not Pay' Chatbots To Replace Law Firm Associates?
'I want my lawyer program.' - David Brin, 1990.
Translate One2One From IBM's Watson Your Communication Solution
'It then excretes into the mind of its carrier a telepathic matrix...' - Douglas Adams, 1979.
Technovelgy (that's tech-novel-gee!)
is devoted to the creative science inventions and ideas of sf authors. Look for
the Invention Category that interests
you, the Glossary, the Invention
Timeline, or see what's New.
China Melts Tibetan Permafrost To Plant Forest
'Can you give us a microwave spotlight?'
iFlytek Doctor Robot First To Pass Medical Exams
Doctor shortage? No problem, we'll just use the autodoc.
Slaughterbot AI KIller Quadcopter Drones
'The real border was defended by... a swarm of quasi-independent aerostats.'
Do We Really Want Backflipping Robots?
Also includes wonderful blooper reel.
RNA-Based Biocomputing Device
Living things can sense and analyze complex signals in living cells.
Seasteading Floating Cities
'It was a remarkable island, circular, about half a kilometer in diameter.'
Tesla Semi 'Electrotruck' Unveiled
Elon Musk unveils yet another technological marvel.
Watch What People Are Seeing Via Brain Scanning
'had managed to see through the other man's eyes as the other man, all unaware, washed their Zis limousine sixteen hundred meters away...'
Integrated Circuits Printed Right Onto Fabric!
'...a shirt that displayed email on its sleeve.
Interstellar Asteroid Visits Our Solar System
'This asteroid had whirled in from the cold of the interplanetary space...'
PRIMA Bionic Vision Restoration
'The VISOR... was a medical device used in the Federation to aid patients who have suffered loss of eyesight...'
Audi Traffic Jam Pilot Knows If You're Sleeping
'Even here, riding a garbage truck to eternity, the machine watched him...'
UM Hall Thruster Breaks Records
Someday, we'll see an ion drive used to get to Mars.
Ionity Ultra-fast Charging Station Network
'Recharge the batteries... in almost every town and village...'
VAuth Voice Security Wearable From University of Michigan
'Siri, I gave you a voice command...' 'Yes, but do I know you?'
Ubiquiti FrontRow Camera Records Your Life
Why be choosy? Just upload your whole life to the Internet, and be done with it.
More SF in the News Stories
More Beyond Technovelgy science news stories