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.
The world’s oceans are overfished, polluted and – for something that makes up 70% of the Earth’s surface – still little understood. This month, Horizon looks at some of the science that could help us take better care of our oceans, from robots trash collectors out at sea to finding ways to track the plastic that enters our waters. Plus, we look at how climate change is affecting plans for sustainable aquaculture, tech that can help divers reduce the cost of their dives by more than 50%, and the challenges facing research in the Black Sea.
To mark the European year of cultural heritage, Horizon explores how science is helping to uncover more about our past and to preserve our art, landscapes, buildings and ways of life for the future. We discover why prehistoric humans chose to paint rock art where they did, and how farming techniques from hundreds of years ago could help fight climate change today. Plus, we learn how cultural heritage feeds into European identities and what can be done to prevent the destruction of historical sites during wartime.
The world’s largest radio telescope, known as the Square Kilometre Array (SKA) and situated over two continents, will be able to detect the first stars and galaxies emerging from the ‘murk’ at the beginning of the universe and much more besides, according to Professor Phil Diamond, Director General of SKA. He spoke to Horizon at the opening of the Shared Sky art exhibition in Brussels, Belgium on 16 April, where indigenous artists from SKA host nations South Africa and Australia use traditional painting and folk art to explore the themes of astronomy, spirituality and a borderless sky.
Electric ferries and digital communication between ships could help in the quest to decarbonise maritime transport, a sector which is often perceived as being the green option but could still do much to lower its environmental footprint.
Astronomers could use giant radio telescope from 2025.
New tech could help shrink shipping emissions.
The EU’s research chief on his new role.