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It may seem like something out of science fiction, and it’s difficult to know how seriously to take it, but scientists have produced money which can be used in outer space. The Quasi Universal Intergalactic Denomination, conveniently abbreviated as Quid, is for the use of inter-planetary travellers when space travel becomes more common in future.

The currency has been specially designed by scientists from the National Space Centre and the University of Leicester for the foreign exchange company Travelex. One of the developers ,Professor George Fraser, is excited about the new invention and says:

“None of the existing payment systems we use on Earth – like cash, credit or debit cards – could be used in space. 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 coins are specially adapted to outer-space because they have no sharp edges so will not damage anything if they accidentally float free in space. They are made of a polymer which has previously been best used for non-stick pans.

The technology comes after much speculation that space travel will become very common in the near future. Indeed, predictions from the National Space Centre state that even tourist facilities on the Moon by 2050 are a real possibility. There are all sorts of things currently being developed for space tourism – from an inflatable space hotel being produced in the US to VirginGalactic developing spaceships for ordinary use. It only then makes sense, say these scientists, to have a way of using money whilst in space.

The confidence these scientists have is indeed astounding. As Travelex say:

“It’s only a matter of time before people will be walking up to our shops and asking for Quids for their two weeks in a space hotel.”

Furthermore, what’s most bizarre is that they have even decided already what the conversion rate is, currently quoting £6.25 to the Quid!

This entry was posted on Thursday, October 11th, 2007 at 12:12 pm and is filed under Amusement, Gadgets, Lifestyle, Science, Technology, Travel. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.