Warwick Business School Gillmore Centre Academic Conference

DeFi & Digital Currencies - The Shard. London 28 September 2024

The conference will bring together an international group of leading scholars conducting innovative theoretical and empirical research on DeFi and digital currencies. Sessions include Decentralized Exchanges, DeFi Lending, Digital Currencies and Regulation and CBDCs. And will continue to build on the growing Gillmore Centre research community and stimulate debate and future research on emerging financial technologies, practices, and regulation.

We are proud to announce that Labyrinth are sponsoring the conference.

Organised by Olga Klein, Roman Kozhan, David Skeie, Ruslan Sverchkov, Ganesh Viswanath-Natraj and Zhengge Zhou

Agenda Saturday 28 September
	Here is the link to the recording - https://echo360.org.uk/section/6c6dde90-a2a0-4a59-a152-b384bbf72d22/public
09.00 – 09.05	Welcome and opening remarks - David Skeie (WBS Gillmore Centre) PresentationLink opens in a new window
Session 1	Decentralized Exchanges
09.05 - 9.50	“Decentralized Exchanges for Near-Money Assets” Paper hereLink opens in a new window Presenter: Natasha Rostova (EPFL and SFI), with Wenqian Huang (BIS) and Zhaogang Song (John Hopkins). Presentation hereLink opens in a new window Discussant: Stefan Scharnowski (Mannheim) Presentation hereLink opens in a new window
09.50 – 10.35	“The DeFi Dilemma” Paper hereLink opens in a new window Presenter: Aron Bodisz (Vienna), with Nikolaus Hautsch (Vienna) and Stefan Voigt (Copenhagen). Presentation hereLink opens in a new window Discussant: Alfred Lehar (Calgary) Presentation hereLink opens in a new window
10.35 - 11.00	Coffee break
Session 2	Keynote Address
11.00 – 12.00	“The Evolution of DeFi: Achievements, Challenges, and the Road Ahead” Presenter: Agostino Capponi (Columbia). Presentation hereLink opens in a new window
12.00 – 12:30	“Labyrinth: Empowering User-Owned Privacy in the Blockchain” Presenter: Amit Chaudhary (Labyrinth)
12.30 – 13.30	Lunch
Session 3	DeFi Lending, Digital Currencies and Regulation
13.30 – 14.15	“Phantom Liquidity in Decentralized Lending” Paper hereLink opens in a new window  Presenter: Andreas Park (Toronto), with Jona Stinner (Witten/Herdecke). Presentation hereLink opens in a new window Discussant: Kathy Yuan (LSE) Presentation hereLink opens in a new window
14.15 – 15.00	“Green Coins: Fintech for Emissions Regulation” Presenter: Max Croce (Bocconi) with Nicolas Guinez (Bocconi), Thien Nguyen (Fed Board), Danil Parfenov (Bocconi) and Claudio Tebaldi (Bocconi). Presentation hereLink opens in a new window Discussant: Julien Prat (Ensae Paris) Presentation hereLink opens in a new window
15.00 – 15.45	“How Does Payment for Order Flow Influence Markets?” Paper hereLink opens in a new window Presenter: Thomas Shohfi (SEC), with Thomas Boulton (Miami) and Michael Walz (SEC). Presentation hereLink opens in a new window Discussant: Ailsa Roell (Imperial) Presentation hereLink opens in a new window
15.45-16.15	Coffee break
Session 4	CBDCs
16.15 – 17.00	“CBDC and Banks: Threat or Opportunity” Paper hereLink opens in a new window Presenter: Martina Fraschini (Luxembourg), with Luciana Somoza (ESSEC)and Tammaro Terracciano (IESE) Presentation hereLink opens in a new window Discussant: Alistair Milne (Loughborough) Presentation hereLink opens in a new window
17.00 – 17.45	“CBDC and Banks: Disintermediating fast and slow” Paper hereLink opens in a new window Presenter: Rhys Bidder (King’s Business School), with Timothy Jackson (Liverpool) and Matthias Rottner (Deutsche Bundesbank) Presentation hereLink opens in a new window Discussant: Benjamin Hemingway (Bank of England) Presentation hereLink opens in a new window
17.45 – 17.55	Closing remarks - Roman Kozhan (WBS Gillmore Centre)
18.30 – late	Drinks and dinner - Programme participants and programme committee members invited

We thank the programme committee for its time in evaluating the submissions.

Programme Committee: Joseph Abadi, Bruno Biais, James Chapman, Darrell Duffie, Rod Garratt, Wenqian Huang, Olga Klein, Roman Kozhan, Michael Kumhof, Alfred Lehar, Simon Mayer, Fahad Saleh, David Skeie, Ruslan Sverchkov, Ganesh Viswanath Natraj, Kathy Yuan, Zhengge Zhou.

 Conference Manager: Katherine Higton

Further Information: gillmorecentre@wbs.ac.uk

The Gillmore Centre for Financial Technology is based in Warwick Business School but draws membership across the University of Warwick and beyond. The Gillmore Centre conducts world-class, cutting-edge research at the intersection of finance and technology. It aims to reinforce Warwick's already formidable interdisciplinary environment, helping to tie together further departmental excellence with the Centre as a research hub exploring the transformative impact of emerging technologies such as artificial intelligence, machine learning, blockchain, mobile payments, cryptocurrencies and crowdfunding platforms. The £3m donation by Clive Gillmore, founder and group chief executive of Mondrian Investment Partners, enables Warwick to continue attracting the world’s best academics and postgraduates. The Gillmore Centre builds on Warwick Business School’s global reputation and core disciplines while infusing the aligned fields of computer science, law and mathematics alongside deep tech innovation to drive applied research with industry partners and start-ups.