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 |

Would you like to contribute a story tip? It's easy:
Get the URL of the story, and the related sf author, and add it here.

Comment/Join discussion ( 21 )

Related News Stories - (" Culture ")

Project Dylan - Amazon's Voice-Activated Wearable That Recognizes Human Emotions
Life imitates anime art.

Kazahk Ironist Protester Arrested For Blank Sign Protest
'...a man carried a white rectangular sign, blank on both sides.' - Larry Niven, 1972.

Bitcoin Surges Again, To $7,000
'... electronic, private cash, unbacked by any government, untraceable, completely anonymous.' - Bruce Sterling, 1994.

North Sea Stone Age Reconstruction And Philip K Dick
'Your Dip digs back into antiquity. Rome. Greece. Dust and old volumes.' - Philip K Dick, 1954.

 

Google
  Web TechNovelgy.com   

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.

 

 

 

 

 

Current News

Miners! NASA Wants To License RASSOR Excavator
'The borers had been dismantled and packed away.'

Bee+ Robobee Now With Four Wings
'It was a tiny thing, scarcely more than an inch and a half in length...'

CNSILK Robotic Spider Builder
'We could certainly spin a web right through the Solar System, if we can think of a good use for one.'

Starshade Will Help Space Telescope To Search For Exoplanets
'When it found planetary systems in its field, automatically shifted upon them a higher powered telespectroscope ...'

Tiny LEDs Developed For Dust-Sized Computers
'They use sparkles to talk to each other...'

Is There Extraterrestrial Life Here In The Solar System
'How fast is it moving? ...one meter per minute.'

Can We Comprehend Deep Learning Systems?
'Youíve nothing remotely like it, so I canít describe it to you.'

Skin Electronics Can Show Electrocardiogram
'... the young men in the streets who applied polyimde OLED body film to their bared shoulders.'

Chinese Fern Helps Remediate Arsenic Soil
'Bioengeering had put out a spec report on the long crawly things five months back.'

Skai Air Taxi Costs The Same As Uber
'The air-taxi found its way past and around other ground-cars...'

Neurodevices For Consumers? Neuroethicists (And Philip K Dick) Say 'Caveat Emptor'
'They tried to use it today and it wouldn't work. No colors and no ceph patterns, neither one...'

NASA 3D Printed Habitat Challenge Won By AI SpaceFactory
3D printing - on Mars!

The Future Of Elon Musk's Neuralink
'Cerebral Electromagnetic Emmission Amplification and Relay System ó call it artificial telepathy, if you like.'

Researchers Make You Say Anything in Videos
'[It] caused his televised image... to mouth the vowels and consonants beautifully.'

Jeff Bezos Tries Waldoes (Robotic Hands)
'Waldo put his arms into the primary pair before him...'

Asimov and Musk - Boring Company Tunnel vs. Street Race
'There was almost no sound, just a steady velvety whirr as the taxi sped along.'

More SF in the News Stories

More Beyond Technovelgy science news stories

Home | Glossary | Invention Timeline | Category | New | Contact Us | FAQ | Advertise |
Technovelgy.com - where science meets fiction™

Copyright© Technovelgy LLC; all rights reserved.