It's been 15 years since the euro came into circulation and to mark the occasion Horizon is looking at what the future could have in store for finance. We talk to one economist who says the way to avoid another crisis is to keep banks small and boring, and we explore the effect of alternative local currencies on supporting small businesses. We also delve into some of the technology that could enable us to move to a cashless society, and we look at the growth of the so-called sharing economy, in which people share access to resources.
From eliminating checkout queues to potentially cutting counterfeiting and even terrorist financing, the rise of cash-free payment systems might not only change the way most of us pay but even pave the way to a cashless society.
People who use car-sharing services could soon be able to roam with different providers when travelling, much in the same way as people do with their mobile phone networks, thanks to a new piece of software which its inventor says will also help make car sharing economically viable in smaller cities and rural areas.
We need to return to a diverse, small-scale banking system in order to reduce the risk of another financial crisis, according to Professor Eckhard Hein from the Berlin School of Economics and Law, Germany, who was involved in the EU-funded FESSUD project examining the causes and consequences of the 2008 - 2009 financial and economic crisis.
Regenerative medicine takes a different approach to treating disease by aiming to regrow, repair or replace tissues and organs to restore their normal functions instead of just treating symptoms. This month, Horizon takes a deeper look at the promise of this emerging field and takes stock of where we are now. We look at how scientists are beginning human trials of a technique that repurposes cells from one part of the body to treat disorders in another, and find out how 3D printing is helping to tackle arthritis. We also look at the challenges of mass producing the raw materials for regenerative medicine - stem cells - and some of the regulatory and ethical issues that are emerging as the industry develops.
Every minute, satellites and sensors collect enormous amounts of data about the world around us – from temperature to pollution and forest cover to soil quality. This month, Horizon looks into the technologies behind Earth observation and how we can make best use of the vast amounts of information produced. We find out how measurements taken by people with smartphones on the ground can feed into local datasets and how the minituarisation of satellites is creating opportunities for start-ups to enter the Earth observation market. We also discover how measurements are being used to protect ecosystems and what historical data can tell us about extreme weather such as hurricanes and droughts.
Dr Gabriella Colucci, the founder of two biotechnology companies that discover new plant-based molecules for industrial use, has won the top award of €100,000 in the 2018 EU Prize for Women Innovators, which was presented at a ceremony in Brussels, Belgium on 21 June.
Internet of Things and social inclusion enterprises also recognised.
Expert networks have sprung into action to contain the disease.
The European Commission has launched plans for the next research funding programme.