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The European Central Bank and the National Bank of Belgium have issued a call for papers, including those focused on blockchain and cryptocurrencies, for a payments innovation conference to be held on 26 and 27 November 2019 in Brussels.
Entitled “Crossing the chasm to the retail payments of tomorrow,” the conference is the sixth in the series of high-profile retail payments conferences organised by the ECB in cooperation with a national central bank.
The key focus will be to advance the dialogue on the possible disruptions facing the retail payments space and their potential impact.
The central banks are inviting authors from public and private sectors, academia and special interest groups to submit policy-oriented, theoretical and/or empirical papers. These papers should cover at least one of the three related themes –
- Transformative trends in retail payments
- Winds of disruption in retail payments
- The role for central banks and regulators
The theme “Winds of disruption in retail payments” aims to highlight the main drivers of possible disruptions in the retail payments space. It covers:
“(i) decentralisation (via DLT) versus centralisation (via large platforms), (ii) new entrants/fintech, and (iii) new versus traditional means of payment, including the impact of crypto assets, stable coins, as well as big data and artificial intelligence.”
The last date for paper submissions is 15 June 2019 and those shortlisted will be informed by the end of July. Thereafter, a final draft of the paper should be submitted by 1 October 2019.
Earlier this week, Francois Villeroy de Galhau, an official at the ECB, said that he sees a role for stablecoins in the financial system, adding that they are “quite different from speculative assets like bitcoins, and more promising.”
In April, the European Commission-supported International Association for Trusted Blockchain Applications (INATBA) was officially launched with 105 founding members.
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