Jan 16, 2018 - This project explores the global payments infrastructure, associated inefficiencies, and the revolutionary solutions possible through blockchain technology. The paper discusses the innovation lab of the Society for Worldwide Interbank Financial Telecommunication, the transformation of remittances, the implementation challenges of distributed ledger technology in financial messaging.

Apr 30, 2018 - This research surveys the global landscape of regulatory frameworks, statements, and decisions, on blockchain-based token sales in the jurisdictions of the United States, Canada, Singapore, China, France, Germany, Italy, Estonia, Switzerland, and Gibraltar, with commentary on Malaysia, South Korea, Israel, Russia, Australia, New Zealand, and the United Arab Emirates. Its expert authors look at initial coin offerings and compare how different regulators are categorizing token sales in their attempts to balance the protection of investors with the stimulus of innovat...

May 23, 2019 - This project explains the role of exchanges after initial coin offerings, compared to conventional initial public offerings. It compares crypto over-the-counter exchanges (Bitfinex, Coinbase) that enable peer-to-peer trading and on-chain decentralized exchanges (Oasis DEX) where all aspects of a trade occur on a blockchain.

Jan 21, 2021 - This research project looks at stablecoins, a new category of digital assets with stable prices in decentralized financial systems. It achieves three goals. First, it examines different ways to stabilize the price of a cryptocurrency. Some are backed by assets with stable value such as US dollars or gold, others are stabilized by algorithms, and some combine those two approaches. Second, it surveys the landscape of stablecoins and analyze the top ten stablecoins by market capitalization. Finally, it suggests ways to use stablecoins for protecting the value of a cryptoasset portfolio.

Mar 16, 2018 - This project digs into the regulatory implications of privately funding public blockchain-based resources, some of which qualify as an ecosystem such as Bitcoin and Ethereum, some as a decentralized application (Dapp), and some as a regulated security (e.g., The DAO), according the Securities and Exchange Commission. The Coalition of Automated Legal Applications describes various legal solutions, such as simple agreement for future tokens, that could support ecosystems that are innovative, streamlined, and fair for all stakeholders.

Aug 17, 2022 - Central banks, rev up your digital currency engines! The race to global adoption is on, and this case study of China’s e-yuan captures the first mover in action. Co-led by PhDs—one a fintech advisor, strategy consultant, and researcher based in Hong Kong/Singapore, and the other a professor at the Schulich School of Business in Toronto—the case digs into the Chinese government’s approach to the research, development, and roll out of its digital yuan. The authors analyze China’s digital currency electronic payment in terms of the government’s joint venture with SWIFT, its Regional Comprehensive Economic Partnership, and the Belt an...