• Title/Summary/Keyword: Electronic markets

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The review of municipal solid waste management in Nigeria: the current trends

  • Iorhemen, Oliver T.;Alfa, Meshach I.;Onoja, Sam B.
    • Advances in environmental research
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    • v.5 no.4
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    • pp.237-249
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    • 2016
  • The management of municipal solid waste (MSW) is essential for every community; and, it is currently a major challenge in Nigeria. This paper provides an overview of the current MSW management trends in Nigeria and proposes new sustainable MSW management systems. Across Nigerian cities, MSW management is characterized by inefficient collection and transportation to disposal sites. Collection services do not reach some unplanned areas and slums due to poor street network. Even some planned areas are not reached by collection services. The informal sector contributes to waste collection, resource recovery and recycling; however, their activities are not recognized by the governments. Markets exist for recovered materials but more efforts need to be geared towards intensive recovery of materials and expansion of these markets. Despite the high proportion of putrescible matter in MSW, the only form of treatment commonly used currently is open burning for volume reduction. The high organic fraction presents a great opportunity for composting and anaerobic digestion. Ultimate disposal is currently done in open dumpsites. This needs to be upgraded to engineered landfills that are properly sited and adequately operated by well trained personnel. There is an emerging waste stream of concern, electronic-waste (e-waste), that requires urgent sustainable management as e-waste are currently co-disposed with other waste streams or burnt in the open posing detrimental health impacts.

Development of Customer Oriented Load Management Software for Savings on Utility Bills in the Electricity Market

  • Chung, Koo-Hyung;Lee, Chan-Joo;Kim, Jin-Ho;Hur, Don;Kim, Balho-H.;Park, Jong-Bae
    • Journal of Electrical Engineering and Technology
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    • v.2 no.1
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    • pp.42-49
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    • 2007
  • For electricity markets to function in a truly competitive and efficient manner, it is not enough to focus solely on improving the efficiencies of power supply. To recognize price-responsive load as a reliability resource, the customer must be provided with price signals and an instrument to respond to these signals, preferably automatically. This paper attempts to develop the Windows-based load management system in competitive electricity markets, allowing the user to monitor the current energy consumption or billing information, to analyze the historical data, and to implement the consumption strategy for cost savings with nine possible scenarios adopted. Finally, this modeling framework will serve as a template containing the basic concepts that any load management system should address.

JPEG Pleno: Providing representation interoperability for holographic applications and devices

  • Schelkens, Peter;Ebrahimi, Touradj;Gilles, Antonin;Gioia, Patrick;Oh, Kwan-Jung;Pereira, Fernando;Perra, Cristian;Pinheiro, Antonio M.G.
    • ETRI Journal
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    • v.41 no.1
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    • pp.93-108
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    • 2019
  • Guaranteeing interoperability between devices and applications is the core role of standards organizations. Since its first JPEG standard in 1992, the Joint Photographic Experts Group (JPEG) has published several image coding standards that have been successful in a plethora of imaging markets. Recently, these markets have become subject to potentially disruptive innovations owing to the rise of new imaging modalities such as light fields, point clouds, and holography. These so-called plenoptic modalities hold the promise of facilitating a more efficient and complete representation of 3D scenes when compared to classic 2D modalities. However, due to the heterogeneity of plenoptic products that will hit the market, serious interoperability concerns have arisen. In this paper, we particularly focus on the holographic modality and outline how the JPEG committee has addressed these tremendous challenges. We discuss the main use cases and provide a preliminary list of requirements. In addition, based on the discussion of real-valued and complex data representations, we elaborate on potential coding technologies that range from approaches utilizing classical 2D coding technologies to holographic content-aware coding solutions. Finally, we address the problem of visual quality assessment of holographic data covering both visual quality metrics and subjective assessment methodologies.

Forecasting Bulk Freight Rates with Machine Learning Methods

  • Lim, Sangseop;Kim, Seokhun
    • Journal of the Korea Society of Computer and Information
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    • v.26 no.7
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    • pp.127-132
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    • 2021
  • This paper applies a machine learning model to forecasting freight rates in dry bulk and tanker markets with wavelet decomposition and empirical mode decomposition because they can refect both information scattered in the time and frequency domain. The decomposition with wavelet is outperformed for the dry bulk market, and EMD is the more proper model in the tanker market. This result provides market players with a practical short-term forecasting method. This study contributes to expanding a variety of predictive methodologies for one of the highly volatile markets. Furthermore, the proposed model is expected to improve the quality of decision-making in spot freight trading, which is the most frequent transaction in the shipping industry.

A Study on the Introduction of E-commerce and the Revitalization of the Korean Traditional Market

  • Soo-Wook, Lee
    • International Journal of Advanced Culture Technology
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    • v.10 no.4
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    • pp.255-260
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    • 2022
  • It is true that traditional markets have become a great foundation for changes in today's production and distribution. However, with the development of science and information communication gradually, the perspective of distribution has been newly developed. In particular, the digital economy system and the pursuit of perfect competition in the global era have placed a great burden on the traditional market. Accordingly, the government has made numerous efforts to revitalize traditional markets, which has led to the present day. However, the change in production, distribution, and transactional perspectives of newly introduced e-commerce in the position of not being able to deviate from the characteristics of the traditional market, that is, the traditional market, poses another major crisis. Therefore, while maintaining the tradition of the traditional market, the introduction of a new method of electronic trading has a good advantage to become an advanced market, but it has not pursued major changes due to fundamental management methods and small-scale operation. Therefore, I believe that it is urgent to introduce and apply new e-commerce to secure transitional competitiveness in order for the traditional market to be reborn and to pursue change and development into a new advanced market.

The Change of Market Environment toward B-to-B E-Commerce and Groping Ways out of the Difficulties of Companies (기업간 전자상거래로의 시장환경 변화와 기업의 활로 모색)

  • 최원익
    • The Journal of Society for e-Business Studies
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    • v.6 no.3
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    • pp.81-99
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    • 2001
  • The world is now meeting the era of e-commerce by development of information technology and the fast increase of use of internet. So, Korean government prepared "the colligation plan for electronic commerce activating" and WTO decides to prolong no custom on e-commerce till November 2001 when the fourth WTO Ministerial Conference holds a meeting. OECD discussed the construction of intellectual property rights of the global dimension at the Global Forum on January 2001 and reached to research the social influence of B-to-B e-commerce and to pursue the acceleration of e-commerce. UNCITRAL(United Nations Commission on International Trade Law) enacted UNCITRAL Model Law on Electronic Commerce in order to activate e-commerce, and Bolero.net serves electronic Bill of Lading to facilitate cyber trading. The purpose of this paper is to present the direction of confrontation to the these internal and external changes of business environment to Korean enterprises. Off-line enterprises should move fast to e-commerce on the condition that the existing trading at the original markets runs parallel with e-commerce. n needed, off-line enterprises should consider M&A with existing on-line firms. Also, off-line firms make use of Bolero system so that they can carry through paperless trade which means the achievement of efficiency in trading, On-line enterprises should advertise in the form of banner by combination of push and pull styles. B-to-B e-commerce firms should not depend on only the commissions, but they should create characteristic earnings by their peculiar services.

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A Study on the Electronic Payment and Settlement System in EU (유럽의 전자결제제도에 관한 연구)

  • CHOI, Byoung-Kwon
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.67
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    • pp.69-95
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    • 2015
  • The main purpose of this study is to analyse what are the key financial innovations in the euro area electronic payment systems. TARGET2 is the RTGS-system provided through the Eurosystem. It is used for settling central bank operations, for large interbank transfers in euro and also for other euro-denominated transfers. The specific features of TARGET2 include processing in real time, settlement in central bank money and immediate finality. In addition, the SEPA is a payment-integration initiative of the European Union for simplification of bank transfers denominated in euro. In particular, the main innovations consist of the completion of the phased migration to the TARGET2 infrastructure, and the introduction of a single retail payment market in euro - the SEPA and its products, schemes and frameworks. As the study analyse, the key innovations consist of the TARGET2 introduction, SEPA establishment and migration towards the T2S system. These innovations will lead to a better understanding of the payment and settlement systems' behavior in stress situations and to enhance the stability of the euro area financial system. Moreover, the successful integration of the European payment and settlement infrastructures will further contribute to the integration of the European financial markets, as well as to their higher competitiveness.

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A Study for Method of the User Authentication and Security apply to the Type of Function password in the Embedded System and Electronic Commerce (임베디드 시스템과 전자상거래에서 함수형 패스워드방식의 사용자 인증 및 보안 방법에 대한 연구)

  • Lee, Eun-Ser;Moon, Ho-Young;Lee, Sang-Ho
    • The KIPS Transactions:PartD
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    • v.14D no.4 s.114
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    • pp.363-372
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    • 2007
  • Password, a traditional user confirmation method that is used for more than 100 years, has become useless as a lot of transactions are dealt by indirect contacts. As a result, an alternative for password is required now. In this paper, we propose a novel confirmation method, which is called Brain-Key. It uses an indirect password input method. It reduces the risks due to hacking, and prevents a big credit accident because it prevents passwords to be reused. Our proposed model has general applicability so that it can be applied in domestic market as well as international markets. This research may provide solutions for the security problems in the electronic commerce.

Resource Allocation in Multiuser Multi-Carrier Cognitive Radio Network via Game and Supermarket Game Theory: Survey, Tutorial, and Open Research Directions

  • Abdul-Ghafoor, Omar B.;Ismail, Mahamod;Nordin, Rosdiadee;Shaat, Musbah M.R.
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.8 no.11
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    • pp.3674-3710
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    • 2014
  • In this tutorial, we integrate the concept of cognitive radio technology into game theory and supermarket game theory to address the problem of resource allocation in multiuser multicarrier cognitive radio networks. In addition, multiuser multicarrier transmission technique is chosen as a candidate to study the resource allocation problem via game and supermarket game theory. This tutorial also includes various definitions, scenarios and examples related to (i) game theory (including both non-cooperative and cooperative games), (ii) supermarket game theory (including pricing, auction theory and oligopoly markets), and (iii) resource allocation in multicarrier techniques. Thus, interested readers can better understand the main tools that allow them to model the resource allocation problem in multicarrier networks via game and supermarket game theory. In this tutorial article, we first review the most fundamental concepts and architectures of CRNs and subsequently introduce the concepts of game theory, supermarket game theory and common solution to game models such as the Nash equilibrium and the Nash bargaining solution. Finally, a list of related studies is highlighted and compared in this tutorial.

Recent Technology Trends and Future Prospects for Image Sensor (이미지 센서의 최근 기술 동향과 향후 전망)

  • Park, Sangsik;Shin, Bhumjae;Uh, Hyungsoo
    • Journal of the Microelectronics and Packaging Society
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    • v.27 no.2
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    • pp.1-10
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    • 2020
  • The technology and market size of image sensors continue to develop thanks to the release of image sensors that exceed 100 million pixels in 2019 and expansion of black box camera markets for vehicles in addition to existing mobile applications. We review the technology flow of image sensors that have been constantly evolving for 40 years since Hitachi launched a 200,000-pixel image sensor in 1979. Although CCD has made inroads into image sensor market for a while based on good picture quality, CMOS image sensor (CIS) with active pixels has made inroads into the market as semiconductor technology continues to develop, since the electrons generated by the incident light are converted to the electric signals in the pixel, and the power consumption is low. CIS image sensors with superior characteristics such as high resolution, high sensitivity, low power consumption, low noise and vivid color continue to be released as the new technologies are incorporated. At present, new types of structures such as Backside Illumination and Isolation Cell have been adopted, with better sensitivity and high S/N ratio. In the future, new photoconductive materials are expected to be adopted as a light absorption part in place of the pn junction.