P2P DAY

Thursday, 20th July 2017

08:00 – 09:00

Registration and welcome coffee

09:00 – 09:10

Welcome address by the Conference Chairman

09:10 – 10:00

Keynote Talk Daniel Heller, Visting Fellow at PIIE and Former Executive Director at IMF

Digital Currencies: what lies ahead?
History shows that new forms of private sector money are usually taken over by the government once they become successful. Emerging digital currencies will also not develop in a vacuum as they will have to fully comply with a number regulatory provision, for instance, in the area of taxation and anti-money laundering.

10:00 – 10:35

Invited Talk Jeffrey M. Bandman, FinTech Advisor,U.S. Commodity Futures Trading Commission (CFTC)

Presentation:

FROM DERIVATIVES TO BLOCKCHAIN – A REGULATOR’S JOURNEY
FinTech may lead to an era of Real Time Regulation. Are we ready for this? What are the potential pitfalls of data from FinTech? And what is the proper role of a regulator in promoting responsible innovation?

10:35 – 11:05

Coffee break

11:05 – 11:35

Presenter Yiuliya Demyanyk, Senior Research Economist, Research Department - Federal Reserve Bank of Cleveland.

Presentation:
The Taste of Peer-to-Peer Loans
Co-authors:Elena Loutskina and Daniel Kolliner

Discussant Jiasun Li, Assistant Professor of Finance, George Mason University.

11:35 – 12:05

Presenter Jiasun Li, Assistant Professor of Finance, George Mason University.

Presentation:
Profit Sharing: A Contracting Solution to Harness the Wisdom of the Crowd

Discussant Paolo Giudici, Professor of Data Science and Statistics, University of Pavia

12:05 – 12:35

Presenter Paolo Giudici, Professor of Data Science and Statistics, University of Pavia

Presentation:
Scoring Models for P2P Lending Platforms
Co-author: Branka Hadji Misheva

Discussant William Bazley, PhD Candidate, University of Miami

Acting Chairman Richard Kastelein, Blockchain News Publisher, Writer, Speaker, ICO expert, Business Developer, Event Designer

12:35 – 14:05

Networking Lunch

14:05 – 14:40

Invited Talk John Schindler, Chair of FSB’s Financial Innovation Network, Federal Reserve Board

Presentation:
FinTech and Financial Innovation: Drivers and Depth
FinTech (based on my definition) is not new. A cluster of drivers of financial innovation occurring around the same time has driven a wave of innovation that we call FinTech.
The hype about FinTech stems from the ‘depth’ of many FinTech innovations, which leads to their potential to transform existing financial services.

14:40 – 15:10

Presenter William Bazley, PhD Finance Candidate, university of Miami

Presentation:
Spend or Save New Wealth? Evidence from the Shale Gas Boom

Discussant Ben Craig, Senior Economic Advisor, FED Cleveland

15:10 – 15:45

Invited Talk Nick Ielpo, Head of Auto Loans, Zopa

Presentation:
Disruption and transformation: a vision of FinTech’s future
Description:The FinTech revolution has driven new technology, new approaches and a change in thinking, in all areas of financial services. In this talk, Nick will look at why those businesses which build customer centric products supported by genuinely innovative technology will be in an excellent position to take advantage of this shift in financial services.

15:45 – 16:20

Invited Talk Charlene Chen, COO, BitPesa

Presentation:
Leveraging Blockchain Settlement to Disrupt Cross-Border Payments Across Africa
During this presentation, I will share BitPesa's journey to design and implement Blockchain-powered financial services across sub-Saharan Africa. BitPesa is best known for using Bitcoin to significantly lower the cost of remittances to Africa, but has since evolved to offer cross-border payments to African businesses struggling to pay suppliers as far as China and Dubai, to pan-African and multinational companies making treasury payments between corporate entities, and to licensed Money Transfer Operators looking for white-label services to distribute remittances across Africa.

16:20 – 16:50

Coffee Break

16:50 – 17:50

Panel Session:
BUSINESS AND REGULATION OF P2P FINANCIAL MARKETS

Demetra Kalogerou, Chairwoman, Cyprus SEC

Michael Liftik, Securities Litigation, Government and Internal Investigations, Private Practice - Former Senior Official, U.S. Securities and Exchange Commission
Jeffrey M. Bandman, FinTech Advisor, U.S. Commodity Futures Trading Commission
Keith Saxton, Independent Director and Advisor
Richard Kastelein, Blockchain News Publisher, Writer, Speaker, ICO expert, Business Developer, Event Designer

Panel Moderator

Tomaso Aste
Acting Chairman Tomaso Aste, Scientific Director, UCL Centre for Blockchain Technologies

19:00 – 19:30

Networking Pre- Drinks 

19:30 – 20:00

Special Guest Dinner Speech Robert Sams, CEO and Founder, Clearmatics

20:00 – 23:00

Formal Dinner

BLOCKCHAIN DAY

Friday, 21st July 2017

08:00 – 09:00

Registration and welcome coffee

09:00 – 09:10

Welcome address by the Conference Chairman

9:10 – 10:00

Keyonte Talk Marvin Zonis, Professor Emeritus, University of Chicago Booth School of Business

Presentation:
Transforming Geo-Politics. Political Risks/Economic Risks
The global context in which financial disintermediation is occurring is beset with extraordinary risks. From Trump’s “America First” policies to the rise of China; from the horrors of the Syrian and Yemen wars to the Qatar crisis; from slow economic growth in Russia and low oil prices; from exploding population in sub-Saharan Africa to the migrant flood. This talk will examine these risks and suggest their consequences for globalization

10:00 – 10:35

Invited Talk Andrea Pinna, Market Infrastructure Expert, European Central Bank

Presentation:
Understanding the impact of FinTech innovation on financial market integration and on the allocation of risks and responsibilities among financial market participants is necessary to allow informed decisions by financial institutions, financial market infrastructures and relevant authorities. In this regard, the Eurosystem plays an important role, as it is mandated to promote the safe and efficient functioning of payment and settlement systems.
This presentation focuses on ongoing analysis on FinTech innovation conducted by ECB staff, particularly on the topics of CBDC and of settlement of securities transactions

10:35 – 11:05

Coffee break

11:05 – 11:40

Invited Talk Paolo Sironi, Global Thought Leader, IBM Watson Financial Services

Presentation:
Cognitive insights make the infrastructure of the future industry
Financial Services are organized in product-focused business units. However, tighter regulations demand a more transparent approach of client centricity, while clients call for better personalisation and added value services across all digital touch points. Financial Institutions cannot 'change' their business model abruptly nor their infrastructure. Yet they have to 'transform' fast through the FinTech R-evolution, which is made of a blend of disruptive innovation, sustaining innovation and foundational innovation.

11:40 – 12:10

Presenter Tiziana Cimoli, Postdoc Researcher, Department of Mathematics and Computer Science - University of Cagliari.

Presentation:
Dissecting Ponzi schemes on Ethereum: identification, analysis, and impact
Co-authors: Massimo Bartoletti, Salvatore Carta, Roberto Saia

Discussant Takeshi Miyamae, Computer System Researcher, Fujitsu Laboratories Ltd

12:10 – 12:45

p2pfisy

Invited Talk Ben Fung, Director of Economic Research and Analysis, Bank of Canada

Presentation:
Central Bank Digital Currency: Motivations and Implications
Public authorities and central banks around the world are closely monitoring developments in digital currencies and studying their implications for the economy, the financial system and central banks. One key policy question for public authorities such as a central bank is whether or not to issue its own digital currency that can be used by the general public to make payments. This presentation discusses the motivations of issuing a central bank digital currency and the implications of such a digital currency.

Co-Author Hanna Halaburda, Senior Economist, Bank of Canada

Acting Chairwoman Bonnie Buchanan, Bosanko Professor of International Economics and Finance, Seattle University

12:45 – 14:15

Networking Lunch

14:15 – 14:50

Invited Talk David Harris, Head of Commercial Innovative Technology, London Stock Exchange Group

Presentation:
LSEG - DLT Work
In this talk I will present LSEG’s journey (so far) with blockchain. I will analyze criteria that are considered for appropriate blockchain use cases for LSEG and I will provide the description of a use case that LSEG built. I will conclude by telling where LSEG think blockchain is heading to.

14:50 – 15:20

Presenter Gerard Briscoe, Research Associate, UCL Computer Science

Presentation:
Blockchains: Distributed Consensus Protocols,Transparency and Business Models
Co-author: Tomaso Aste

Discussant Christopher Henry, Survey Methodologist, Currency Department - Bank of Canada

15:20 – 15:50

Presenter Takeshi Miyamae, Computer System Researcher, Fujitsu Laboratories Ltd

Presentation:
Performance Improvement of the Consortium Blockchain for Financial Business Application
Co-authors: Takeo Honda, Masahisa Tamura, Motoyuki Kawaba

Discussant Gerard Briscoe, Research Associate, UCL Computer Science

15:50 – 16:20

Presenter Christopher Henry, Survey Methodologist, Currency Department - Bank of Canada

Presentation:
Bitcoin Awareness and Usage in Canada
Co-authors: Kim Huynh, Gradon Nicholls

Discussant Tiziana Cimoli, Postdoc Researcher, Department of Mathematics and Computer Science - University of Cagliari

16:20 – 16:50

Coffee Break

16:50 – 17:25

Invited Talk Thomas Bertani, CEO at Oraclize

Presentation:
Feeding real world data into decentralized financial applications
Smart contracts live like in a walled garden, they cannot fetch data by themselves. To enable decentralized financial applications on the blockchain we need to overcome this limitation, this is what oracles do. Oraclize is the most widely used oracle service in the blockchain space and the secure authenticated data-transport-layer it provides is actively feeding data into some of the most promising financial applications of tomorrow. In this presentation Thomas will guide us through the role of smart contracts and oracles in the blockchain space and how they can impact the financial sector.

17:25 – 18:25

Panel Session:
BUSINESS AND TECHNOLOGY OF P2P FINANCIAL MARKETS
p2pfisy
Jon Matonis, Founding Board Director, Bitcoin Foundation
p2pfisy
Lee Braine, Investment Bank CTO Office, Barclays
Rhomaios Ram , Partner at Ohalo
Alexei Blagirev, Director of Innovations, Otkritie
Pinar Emirdag, Senior Vice President Head of Digital Product Development and Innovation, State Street

Panel Moderator

Acting Chairman Bruce Rigal, Director, Future of Financial Services Initiative at University of Chicago Booth School of Business

18:25 – 20:00

Closing Networking with Drinks and Canapés