Research, Education, and Thought Leadership

The Stevens Center is engaged in trailblazing research and thought leadership, focused on the future of finance.

Research Papers

A Comprehensive Approach to Crypto Regulation by Sarah Hammer and Brett Hemenway Falk
Regulation of cryptocurrency is a key policymaking issue of our time. There are many challenges associated with developing and applying legal frameworks to cryptocurrency, as the technology, business practices, and uses of cryptocurrency vary significantly from traditional financial services.

Taming the Wild West: Achieving Public Policy Goals through Crypto Standards by Sarah Hammer and Brett Hemenway Falk
A continued challenge in policymaking related to cryptocurrency is the potential lack of central entity or traditional intermediary that would be the subject of regulatory authority.

Buying Bitcoin by Robert Gutmann, Jonathan Knehr, Phillip Rapoport, Ross L. Stevens
Using live trade execution data from an institutional money manager, the paper measures the real-world costs and challenges a trader faces when demanding significant liquidity of Bitcoin.

The Blockchain Ecosystem by Sarah Hammer

Research Priorities

Fostering Innovation

Lending

Payments

Wealth Management

Re(Insurance)

Real Estate

Financial Planning

Cryptocurrency

Policy & Regulation

Thought Leadership

Leadership in Financial Regulation: Fireside Chat with NYDFS Superintendent Adrienne Harris

June 2022

50-State Review of Cryptocurrency and Blockchain Regulation by Joseph Jasperse

Visual Overview of Current U.S. Consumer Protection Framework by Joseph Jasperse

Overview of Types of Stablecoins

Policy Roundtable on Digital Assets Hosted by the University of Pennsylvania

May 2022

Tracker for the President’s March 9, 2022, Executive Order on Digital Assets by Joseph Jasperse

Visuals

Stevens Center Joins in the Fight Against COVID-19

The Stevens Center at Wharton is pleased to announce its collaboration with MiPasa, a blockchain-based data control and communications system engaged in the fight against COVID-19. Working in partnership with IBM, Microsoft, Oracle and others, the consortium aims to address a key problem facing scientists and researchers: lack of integration of verified data sources that can be used with confidence. The data is sourced from the World Health Organization, the Center for Disease Control, and numerous other official sources. The platform leverages the IBM Blockchain Platform and IBM Cloud, and will make sophisticated data analytics and privacy tools available on a Hyperledger platform. One of the major benefits of using a blockchain platform is that it allows multiple parties to collaborate over the validity of rapidly-evolving coronavirus data. Working together, the collaboration will fight to identify and scale responses and solutions in the global war against the COVID-19 pandemic.

For more information on the Stevens Center at Wharton:
https://stevenscenter.wharton.upenn.edu/

COVID and the Economy

There are several possible reasons for outperformance of the Nasdaq as the world was hit by COVID-19. Read More

July 6, 2020

Wharton’s Fintech Specialization

Wharton announces a new online program: “Fintech: Foundations and Applications of Financial Technologies.” With this program Wharton demonstrates its commitment to creating business education that is relevant to today’s rapidly changing business landscape. The four-course specialization is available on the Coursera platform. Topics covered include payments, cryptocurrency and blockchain, lending, crowdfunding, modern investing and insurtech.