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It's not the Delorean, but an Iranian businessman claims that he has built a time machine. Though the machine will not allow users to travel in time, it can reportedly read a user's future, five to eight years from the present, with 98 percent accuracy.

According to the Telegraph, 27-year-old inventor Al Raghezi says that he has been working on the device for a decade. Like an ostensibly accurate fortune-telling device, it can fit into the size of a case the size of a personal computer.

He said to Iranian news agency Fars that he has registered the "Aryayek Time Traveling Machine" with the state-run Center for Strategic Inventions, of which he is also the managing director. Though he may seem young, this is hardly the first creation for the self-described "serial inventor". In fact, he has 179 inventions listed under his own name with the bureau.

He says that the device will not only hold importance to consumers. Governments would also likely love to get their hands on the device's power. In Iran, for example, the all-knowing device would allow the government to be able to see in advance military skirmishes between other countries, oil prices and currency fluctuations. Of course, that last point would be particularly desirable to a country like Iran, whose currency has faltered under the weight of international sanctions.

"Naturally a government that can see five years into the future would be able to prepare itself for challenges that might destabilise it," Raghezi said. "As such we expect to market this invention among states as well as individuals once we reach a mass production stage."

He went on to say, "This project is not against our religious values at all. The Americans are trying to make this invention by spending millions of dollars on it where I have already achieved it by a fraction of the cost. The reason that we are not launching our prototype at this stage is that the Chinese will steal the idea and produce it in millions overnight."

According to Fars, the man's invention has led to criticism from family and friends, who believe that he is "playing God". In other portions of the world, the device is receiving a whole other type of criticism - The Atlantic Wire, among others, casts doubts on the entire story.