Peer-to-Peer Financial Systems 2019

When, where

Friday, 26 July 2019, 9:00 – 16:45
Press Room, ECB Main Building, Frankfurt am Main, Germany

For more information, please contact P2PFISY2019ECB@ecb.europa.eu.


Agenda

8:30
Registration
9:00
Welcome address

Speaker: Helmut Wacket, ECB

09:10

Keynote speech: Financial Market Transparency: the biological underpinnings of new business models for central banks, regulators and financial institutions in a decentralized world

Speaker: Paolo Sironi, FinTech Thought Leader and Author

9:40

Paper: Regulation automata: efficient supervision of distributed-ledger based finance

Presenter: Raphael Auer, Bank for International Settlements

Discussant: Tarik Roukny, KU Leuven

10:10

Paper: Vertically disintegrated platforms

Presenter: Tarik Roukny, KU Leuven

Discussant: Taojun Xie, Singapore Management University

10:40 – 11:00
Coffee break
11:00

Paper: Central bank digital currency with adjustable interest rate in small open economies

Presenter: Taojun Xie, Singapore Management University

11:30

Paper: Overcoming economic stagnation in low-income communities with programmable money

Presenter: Yakko Majuri, BlockchainBH

Discussant: Patrick Osborne, University College London

12:00

Panel discussion: “Decentralisation and the European regulatory framework: how to find the balance in a dynamic environment”

Innovative solutions are challenging today’s markets and services. In this dynamic scenario, what is the present and future role of regulators and competent authorities? How will the relevant stakeholders change the way they collaborate in order to foster innovation and to guarantee fair rules in the market?

Speakers:

  • Marius Jurgilas, Bank of Lithuania
  • Domenico Gammaldi, Bank of Italy
  • Chiara Rossetti, London Stock Exchange Group
  • Gilbert Verdian, Quant Network

Moderator: Dirk Bullmann, ECB

12:45
Networking lunch
14:00

Fireside chat with Dan Morgan,
Head of Regulatory Relations in Europe, Ripple

Interviewer: Tom Wilson, Reuters

14:15

Paper: A blockchain game in Eurasian energy trading

Presenter: Patrick Osborne, University College London

Discussant: Yakko Majuri, BlockchainBH

14:45

Paper: A model for stablecoin cryptocurrency markets

Presenter: Ariah Klages-Mundt, Cornell University

Discussant: Akaki Mamageishvili, ETH Zurich

15:15
Coffee break
15:30

Paper: Optimal smart contracts with costly verification

Presenter: Akaki Mamageishvili, ETH Zurich

Discussant: Ariah Klages-Mundt, Cornell University

16:00

Panel discussion: “Decentralised systems in the financial ecosystem: a market perspective”

Market developments can benefit competition in financial systems and ensure improvements in services and products. What risks and opportunities will market participants face from increasingly decentralised systems?

Speakers:

  • Kathrin Gfall-Gapp, Erste Group
  • Garrick Hileman, Blockchain.com
  • Daniel Heller, Fnality
  • Ioana Surpateanu, Citi

Moderator: Tom Wilson, Reuters

16:45
Closing remarks

Speaker: Paolo Tasca, University College London Centre for Blockchain Technologies