Worm holes are theoretical concepts that are calculated to exist only in Einstein's equations of special relativity. They have never been observed directly or indirectly, but if they do, they are considered to be immense distortions of space, possibly having a black hole at one end and white hole at the other. Worm holes are the doorways between two areas of space and time that are so extremely distorted, that they are folded like a sheet of paper (below).
In this video, astronomer Ian Morison discusses how a worm hole could act as a theoretical time machine (assuming humans can ever develop technology to travel at 99.999% of the speed of light and assuming we could survive a trip through a worm hole. Dr. Morison is illustrating Einstein's Theory of Relativity quite nicely with this analogy.
Right now, travelling through a worm hole is pure fantasy, but not too long ago, the scientific community was saying the same things about black holes, which now are scientific fact.
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