Contents of /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/ /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/ Contents of /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/ en-GB (C) 2026 University of ÌÇÐÄTV Tue, 21 Apr 2026 07:09:19 GMT http://blogs.law.harvard.edu/tech/rss SiteBuilder2, University of ÌÇÐÄTV, http://go.warwick.ac.uk/sitebuilder A Two-Layer Architecture for Digital Assets: Decoupling Asset Custody from the Ownership Record /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/two_layer_architecture_for_digital_assets/ This paper argues that the future of finance lies in a hybrid model where stablecoins operate on public blockchains with banks serving as regulated intermediaries, balancing innovation with compliance, stability, and the essential role of money creation. Stable Coin CBDC Blockchain Wed, 08 Apr 2026 21:27:19 GMT Mohammad Nourbakhsh /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/two_layer_architecture_for_digital_assets/ Bridging the Divide: The Hybrid Future of Stablecoins and Traditional Finance /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/bridging_the_divide/ This paper argues that the future of finance lies in a hybrid model where stablecoins operate on public blockchains with banks serving as regulated intermediaries, balancing innovation with compliance, stability, and the essential role of money creation. Stable Coin CBDC Blockchain Tue, 12 Aug 2025 19:21:42 GMT Mohammad Nourbakhsh /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/bridging_the_divide/ Deposit Tokens: The Banking Response to Stablecoins /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/deposit_tokens/ This paper argues that the true innovation of stablecoins is the public blockchain platform itself and asserts that commercial banks can directly compete by issuing their own deposit tokens on these networks, combining the efficiency of digital assets with the inherent trust, regulatory compliance, and yield-bearing nature of traditional bank deposits. Stable Coin CBDC Blockchain Mon, 01 Sep 2025 08:31:28 GMT Mohammad Nourbakhsh /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/deposit_tokens/ Emerging Architecture of Clearing and Settlement in Digital Finance /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/emerging_architecture_of_clearing_and_settlement_in_digital_finance/ This paper argues that the true innovation of stablecoins is the public blockchain platform itself and asserts that commercial banks can directly compete by issuing their own deposit tokens on these networks, combining the efficiency of digital assets with the inherent trust, regulatory compliance, and yield-bearing nature of traditional bank deposits. Stable Coin CBDC Blockchain Mon, 15 Sep 2025 09:00:43 GMT Mohammad Nourbakhsh /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/emerging_architecture_of_clearing_and_settlement_in_digital_finance/ From "Trust the Issuer" to "Verify the Ledger": Designing the Token Operator /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/designing-the-token-operator/ This paper argues that the future of finance lies in a hybrid model where stablecoins operate on public blockchains with banks serving as regulated intermediaries, balancing innovation with compliance, stability, and the essential role of money creation. Stable Coin CBDC Blockchain Tue, 21 Apr 2026 07:03:40 GMT Mohammad Nourbakhsh /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/designing-the-token-operator/ The Bank of England’s stablecoin regime: the missing liquidity lens and open questions on credit /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/boe_stablecoin_regime/ This paper argues that the future of finance lies in a hybrid model where stablecoins operate on public blockchains with banks serving as regulated intermediaries, balancing innovation with compliance, stability, and the essential role of money creation. Stable Coin CBDC Blockchain Mon, 10 Nov 2025 17:25:04 GMT Mohammad Nourbakhsh /fac/soc/wbs/subjects/finance/gillmore/publications/insightpapers/boe_stablecoin_regime/