PayPal, SETI Institute, Buzz Aldrin & Space Leaders Launch PayPal Galactic
PayPal, announced the launch of PayPal Galactic, an initiative that addresses the issues to help make universal space payments a reality. PayPal Galactic brings together leaders in the scientific community, including the SETI Institute and Space Tourism Society, to prepare and support the future of space commerce.
This visionary program, spearheaded by PayPal, working with the SETI Institute, aims to bring together leaders in the space industry to work on the big questions around the commercialization of space. These include:
- What will our standard currency look like in a truly cash-free interplanetary society?
- How will the banking systems have to adapt?
- How will risk and fraud management systems need to evolve?
- What regulations will we have to conform with?
- How will our customer support need to develop?
To support the SETI Institute and its mission to improving the understanding of life on Earth, and the search for life beyond it, PayPal is launching a crowdfunding campaign powered by FundRazr. The SETI Institute's scientists play an active role in some of the world's most advanced scientific ventures, including groundbreaking studies in astrobiology and radio astronomical research with the Allen Telescope Array. Donations to support SETI Institute and the science of space can be made at www.seti.org/curiositymovement.
The launch of PayPal Galactic commences in conjunction with the celebration of PayPal’s 15th Anniversary.