Someone at Swatch (you know, the company that makes the watches) came up with an idea for a universal time format that eliminates time zones and geographical borders. The idea is very simple: time is no longer measured in hours, minutes, and seconds, but in "beats." A single day consists of 1000 beats, so each beat corresponds to 1 minute and 26.4 seconds.
This "Internet Time" is the same all over the world, because it is measured relatively to something called the Biel Mean Time (BMT), a new meridian that lies in Switzerland. A day in Internet Time begins at midnight BMT, or @000 Swatch Beats, 12 noon is equivalent to @500 beats, and so on. So if it's @812 at my place, it's also 812 beats at yours and everyone else's.