FCiR25 - Financial Cryptography in Rome 2025
First international conference: Financial Cryptography in Rome.
October 1st, 2025
Centro Convegni "Carlo A. Ciampi", Via Nazionale 190, Rome (Italy)
Organisers
Jointly organised by Bank of Italy (Banca d'Italia) and De Cifris Association (De Cifris APS).
Chairs
Michela Iezzi (Bank of Italy)
Massimiliano Sala (De Cifris Association, Italy)
Invited Speaker
Nigel Smart (KU Leuven, Belgium and Zama, France)
Cloud Encryption and Blockchain: a primer on TFHE and FHEVM
Description
Building on our first event, Financial Cryptography in Rome (FCiR25) covers all aspects of securing transactions and digital value, with a specific focus on commercial and currency contexts. While we host cryptographic talks on both fundamental research and real-world applications, we also encourage interdisciplinary works not strictly related to cryptography.
For more information, contact us at fcir25@decifris.it
The event will be streamed live at the following link: webex. Webinar number: 2376 638 9615. Pass: MSgM9Rfxk63.
Program
The pre-proceedings (draft) are now available.
| FIRST SESSION | |
| 08:30 - 09:00 | Registration |
| 09:00 - 09:15 | Welcome address by Giuseppe Zingrillo (Banca d’Italia) |
| 09:15 - 09:30 | Welcome address by Massimiliano Sala (De Cifris) |
| 09:30 - 10:00 | Balancing Privacy and Regulation in the Design of Future Digital Payment Systems Matteo Nardelli, Francesco De Sclavis, Michela Iezzi |
| 10:00 - 10:40 | Invited Tutorial: Achieving Digital Self-Custody Geoffrey Goodell |
| 10:40 - 11:00 | Coffee Break |
| 11:00 - 12:00 | Invited Tutorial: Cryptographic algorithms and protocols for financial data analysis Marco Pedicini & Carla Mascia |
| 12:00 - 13:00 | Invited Talk: Cloud Encryption and Blockchain: a primer on TFHE and FHEVM Nigel Smart |
| 13:00 - 14:00 | Lunch |
| SCIENTIFIC SESSION I | |
| 14:00 - 14:20 | SwissLedger and the Finternet Vision: The Path for a Unified Financial Ecosystem Lorenzo Barisone, Robert Bregy, Gianluca Perletti |
| 14:20 - 14:40 | Approaches to MEV in DAG-based DLTs Giulio Jan Valentini, Carla Mascia, Andrea Bracciali |
| 14:40 - 15:00 | Cross-primitive comparison in CP-ABE: Bilinear Pairing vs. Lattices Lorenzo Gasparini, Elia Onofri, Martina Palmucci, Marco Pedicini |
| 15:00 - 15:20 | Designs, Efficiency and Decentralised Applications of Threshold Schnorr Signatures Murat Cenk, Leonardo Errati, Alessio Meneghetti |
| 15:20 - 15:40 | Analysis of collision probability in Merkle trees in the Random Oracle Model Alessandro Corsi, Abdulla Almenhali, Nicola Laurenti |
| 15:40 - 16:00 | Coffee Break |
| SCIENTIFIC SESSION II | |
| 16:00 - 16:10 | Regulation (EU) 2023/1114 (MiCAR), in light of the division of responsibilities established by Legislative Decree no. 129/2024 between the Bank of Italy and the Italian Companies and Stock Exchange Commission Ruggiero Morella |
| 16:10 - 16:20 | Credential Loss Problem for Cryptowallet Custodians Carlo Brunetta, Michele Battagliola |
| 16:20 - 16:30 | Empirical Evidence of Spillover Effects Between Bank and Crypto Market Bubbles Caterina Di Tommaso, Matteo Foglia, Vincenzo Pacelli |
| 16:30 - 16:40 | A practical encrypted Cloud for financial data Andrea Gelpi, Marco Marchesin |
| 16:40 - 16:50 | Rayls II: Fast, Private, and Compliant CBDCs Mario Yaksetig, Stephen Yang, Mahdi Nejadgholi, Pedro Pereira, Jiayu Xu |
| 16:50 - 17:00 | Classification of Attribute-Based Encryption Schemes Based on Access Policy Contents Mahdi Mahdavi, Helena Rifà-Pous, Zahra Ahmadian |
| 17:00 - 17:10 | Decentralization: A Qualitative Survey of Node Operators Alexander Lynham, Geoffrey Goodell |
| 17:10 - 17:20 | How to (not) use symmetric polynomials for digital signature Francesco Romeo, Antonio Corbo Esposito, Rosa Fera |
Publications
Talks presented at the conference FCiR25 will be published in two venues:- pre-proceedings
- a special issue of Journal of Mathematical Cryptology
- a volume of De Cifris Koine
Call for papers
Important deadlines
| Submission deadline | May 28th, 2025 |
| Acceptance notification | July 1st, 2025 |
| Final papers | September 1st, 2025 |
| Conference starts | October 1st, 2025 |
Submission criteria
Conference contributions will be submitted via EasyChair. Papers must be formatted using the standard LNCS format and submitted as PDF files. Submissions in any other format will not be accepted.
Submissions should not substantially overlap with work that has already been accepted for publication in any other peer-reviewed conference, workshop, journal, or proceedings. We consider simultaneous double submission to be a serious violation of research ethics and will treat it accordingly. However, it is acceptable for papers to be made available in non-peer-reviewed formats, such as technical reports or online preprint archives like ePrint.
Authors are required, when submitting, to disclose any conflicts of interest with: program committee members, management of Bank of Italy, management of De Cifris when submitting their work.
Accepted topics
Blockchain & Distributed Systems
- Decentralized digital currencies and payment systems
- Decentralized finance (DeFi)
- Distributed consensus mechanisms
- Security and protocols for blockchain-based systems
- Smart contracts
- Certification systems and audit trails for secure systems
- Forensics and transaction graph analysis for fraud prevention
- Regulatory issues of blockchain, cryptocurrencies, and digital payments
- Applied cryptography and secure communication protocols
- Authentication methods, identity management, and biometrics
- Functional encryption
- Homomorphic encryption
- Secure smartcards, tokens, and hardware-based security
- Transition to post-quantum and quantum-safe cryptography
- Zero-knowledge proofs
- Digital cash systems and electronic payment platforms
- Economic models and monetary aspects of cryptocurrencies
- Incentive mechanisms and game theory for blockchain
- Security in banking, financial services, and e-commerce
- Access control and authorization systems
- Anonymity technologies and privacy protection
- Forensics, transaction analysis, and monitoring
- Fraud detection and social engineering
- Security and privacy in economics
- Security of mobile payments
- Security of online payments
- Security of peer-to-peer systems and decentralized networks
- Cloud computing, data outsourcing, and security challenges
- Network security and distributed system vulnerabilities
- Security in trusted execution environments (TEEs)
Review criteria
Regular Research Papers should present original, unpublished scientific contributions to the field and will undergo a thorough peer review process. Submissions must adhere to the LNCS format and are limited to 15 pages, excluding references and appendices. Committee members are not required to review the appendices, so papers should be understandable without them.
Short Papers will also undergo peer review, and will be evaluated based on their novelty and potential to inspire participant interest and future research directions. Short papers must not exceed 8 pages in the LNCS format, excluding references. The title of short papers must begin with "Short Paper:". Accepted short papers will be included in the conference proceedings.
Program committee
- Marco Benedetti (Banca d'Italia - Italy)
- Andrea Bracciali (Università di Torino - Italy)
- Marco Calderini (University of Trento - Italy)
- Matteo Campanelli (Offchain Labs - USA)
- Claude Carlet (Univ. of Paris 8 - France and Univ. of Bergen - Norway)
- Murat Cenk (Ripple - Canada)
- Maria Christofi (BNP Paribas - France)
- Michele Ciampi (University of Edinburgh - Scotland)
- Roberto Civino (University of L’Aquila - Italy)
- Amit Chaudhary (University of Warwick - UK)
- Andrej Dujella (University of Zagreb - Croatia)
- Anna Lisa Ferrara (University of Molise - Italy)
- Hubert Le Van Gong (J.P. Morgan Chase & Co - USA)
- Tako Boris Fouotsa (EPFL - Switzerland)
- Danilo Francati (Aarhus University - Denmark)
- Daniele Friolo ("Sapienza" University of Rome - Italy)
- Philippe Gaborit (University of Limoges - France)
- James Gomez (Banco Santander - Spain)
- Geoffrey Goodel (UCL Center for Blockchain Technologies - UK)
- Delaram Kahrobaei (New York University - USA)
- Elena Kirshanova (Technology Innovation Institute - UAE)
- Yashvanth Kondi (Silence Laboratories - Singapore)
- Lind Jeng (Digital Self Labs - USA)
- Gregor Leander (University Bochum - Germany)
- Nian Li (Hubei University - China)
- Sihem Mesnager (University of Paris VIII - France)
- Giacomo Micheli (University of South Florida - USA)
- Massimo Morini (USI Lugano - Switzerland)
- Matteo Nardelli (Banca d'Italia - Italy)
- Ludovic Perret (EPITA and Sorbonne University - France)
- Svetla Petkova-Nikova (KU Leuven - Belgium)
- Alberto Ravagnani (TU Eindhoven - Netherlands)
- Divya Ravi (University of Amsterdam - Netherlands)
- Simona Samardjiska (Radboud University - The Netherlands)
- Santanu Sarkar (Indian Institute of Technology Madras - India)
- Pantelimon Stanica (Naval Postgraduate School - USA)
- Serge Vaudenay (EPFL - Switzerland)
- Polina Vinogradova (IOHK - Canada)
- Hendrik Waldner (Nethermind Research - UK)
Contacts
E-mail: fcir25@decifris.it