• Title/Summary/Keyword: Fair-exchange

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Determination of Adsorption Isotherms and Separation of L-arabinose and D-ribose in Cation Exchange Chromatography and HPLC (양이온 교환 크로마토그래피와 HPLC에서의 L-arabinose와 D-ribose의 분리 및 등온 흡착곡선 결정)

  • Jeon, Young-Ju;Kim, In-Ho
    • KSBB Journal
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    • v.23 no.1
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    • pp.31-36
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    • 2008
  • The use of L-carbohydrates and their corresponding nucleosides in medicinal application has greatly increased. For example L-ribose has been much in demand as the starting material for curing hepatitis B. High performance liquid chromatography (HPLC) method was studied for the analysis of ribose and arabinose fractions from ion exchange chromatography (IEC). Dowex Monosphere 99 Ca/320 resin was packed in IEC to separate ribose and arabinose under various operating conditions. $NH_{2}$ and sugar HPLC columns were then used to analyze the fractions from the IEC column. Pulse input method (PIM) was also used to measure adsorption isotherms of ribose and arabinose in the Dowex column and HPLC columns. Experimental results and simulations by ASPEN chromatography were compared with fair agreement.

Analysis about relation of Long-term & Short-term Financial Market, Stock Market and Foreign Exchange Market of Korea (한국 장단기 금융시장, 주식 및 외환시장 연관성)

  • 김종권
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.22 no.50
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    • pp.105-125
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    • 1999
  • The results of analysis on foreign exchange market, stock and financial market after January of 1997 are that foreign exchange market will be affected by stock and financial market volatility about 1999. This means that stock and financial market are more stable than foreign exchange market. This also is supported by ‘financial market forecast of 1999 in Daewoo Economic Research Institute’. After won/dollar (end of period) will be increasing in 1,430 at second quarter of 1999, this is to downward 1,200 fourth quarter of 1999. This is somewhat based on government's higher exchange rate policy. But, after yield of corporate bond is to 11.0% at first quarter of 1999, this will be stable to 10.2% at fourth quarter. During the first quarter of 1999, yield of corporate bond is to somewhat increasing through sovereign debt and public bonds, technical adjustment of interest rate. After this, yield of corporate bond will be stable according to stability of price, magnification of money supply, restucturing of firms. So, stock market is favorably affected by stability of financial market. But, the pension and fund of USA, i.e., long-term portfolio investment fund, are injected through international firm's management. It is included by openness of audit, fair market about foreign investors. Finally, Moody's strong rating on the won-denominated bonds suggest that Korea's sovereign debt ratings could be restored to an investment grade in the near future. It sequentially includes inflow of foreign portfolio investment fund, fall of won/dollar foreign exchange rate (appreciation of won) and stability of yield of corporate bond.

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Efficient Fair Reservation and Exchange Protocol based on RSA Signature (RSA 서명에 기반한 효율적인 공정한 예약과 교환 프로토콜)

  • 성인제;장직현
    • Proceedings of the Korean Information Science Society Conference
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    • 2002.04a
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    • pp.772-774
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    • 2002
  • 우리는 RSA 서명에 기반한 효율적인 공정한 예약과 교환 프로토콜을 위해 검증 가능한 암호화를 일반화한 부분적인 검증 가능한 암호화를 제안한다. 부분적인 검증 가능만 암호화를 이용해서 서명에 대한 공정한 교환과 더불어 전자 계약 시 사전 계약이나 비행기 티켓에 대한 예약을 짤 수 있도록 프로토콜을 확장했다. 또한 예약과 교환 시에 공정성을 보장하도록 했다. 이로써 우리는 공정한 교환 프로토콜의 교환단계에서 발생하는 계산 양과 전송 양을 예약과 교환 단계로 분산시키는 효과를 얻었다. 그리고 마지막으로 Ateniese가 제안한 RSA 서명에 기반만 공정한 교완 프로토콜과 성능 비교를 하였다.

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A Study on the Calibration of Simulation Characteristics of Live-Virtual Simulator System : To Impose Restrictions on a Maneuverability of a Simulated Aircraft Due to Pilot's G-force (Live-Virtual 시뮬레이터 모의특성 보정에 관한 연구 : 중력가속도에 따른 조종사의 기동제한 특성 기반)

  • Park, Myunghwan;Yoo, Seunghoon;Seol, Hyeonju;Kim, Cheonyoung;Hong, Youngseok
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.4
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    • pp.212-217
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    • 2014
  • Recently, Korea Air Force has been facing a lot of problems in its pilot training system such as training time shortage due to the expensive gas price, noise pollution and difficulties in finding airspace for training. To tackle these problems, a new training system (called L-V training system) using both aircraft and its simulator has been suggested. In the system, a data link is established between aircraft and simulator to exchange their flight information. Using the flight information of simulator, aircraft can perform various air missions with or against imaginary aircraft (i.e., simulator). For this system, it is crucially important that fair fighting condition has to be guaranteed between aircraft and simulator. In this paper, we suggested an approach to impose a maneuvering restriction to simulator in order to provide fair fighting condition between aircraft and simulator.

Impact of Earnings Quality on Long-term Performance in the IPO firms : Based on the Mediation Effect of Share Price's Disparate ratio (회계이익의 질이 IPO기업의 장기성과에 미치는 영향 : 적정주가 괴리율의 매개효과를 중심으로)

  • 이진훤;이포상
    • 산업혁신연구
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    • v.36 no.1
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    • pp.133-163
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    • 2020
  • This study is designed to see whether overpriced IPO is caused from firm's earnings management, and how effects this to IPO firm's long-term performance. To examine addressed above, we take a look into how firm's earning quality listing on Korea Exchange in 2007 through 2016 is related with long-term stock performance post IPO. Especially, we measure how associated the disparate ratio between offer price and fair price with earnings quality and long-term performance. To examine these three factors, 'three-step mediated regression analysis method' is used. Earnings quality's calculated by discretionary accruals. Disparate ratio is calculated with offer price and estimating share price's rate measured by applying relative valuation model. To sum up, it is as follows. At first, as earnings quality gets high, the disparate ratio between offer price and fair price gets reduced. Secondly, as earnings quality gets high, firm's long term stock performance follows high. At last, as the disparate ratio between offer price and fair price gets increased, firm's long-term stock performance gets decreased. Moreover, mediation effect of the disparate ratio between offer price and fair price is partially found. Thus, it addresses that raised earnings revision before listing is resulted in overpricing of the IPO, and it also leads to poor long term stock performance. This study contributes that empirical analysis is applied to examine long-term under performance using disparate ratio between offer price and fair price. Moreover, this is useful not only to alert investors to risky investing pattern, but to provide informative reference to financial institutions in making policies or decisions about IPO.

Secure Electronic Trading System for Online Game-Items (온라인 게임 아이템의 안전한 전자 거래 시스템)

  • 정윤경;기준백;천정희
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.13 no.3
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    • pp.91-99
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    • 2003
  • In this paper, we analyze the current trading systems and suggest two secure electronic trading systems that make a fair exchange for online game items. The system is made up for the weak points in the current item trading system. In the proposed system, a game server issues a certificate each item on the user's request. On the one hand, this certificate is used to recover the item when the system error is occured. On the other hand, the user may exchange it with another item or cyber money. The proposed system supports private and reliable trading. Further, the trading can be completed only by online processing.

A Study on Factors Affecting the Usage of the Digital Copyright Exchange in Knowledge Service Convergence Era (지식서비스 융합시대 디지털저작권거래소 이용의도에 영향을 미치는 요인에 관한 연구)

  • Lee, Jung-Jae;Han, Kyeong-Seok
    • Journal of Digital Convergence
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    • v.10 no.6
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    • pp.153-158
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    • 2012
  • Digital contents market has been drastically increasing under Clouding Computing and Smart Phone environment. The Contents industry is going to be more essential portion than manufacture or service industry in the near future. One good example of high value-added contents is the Harry Potter series which exceeds 10 years' net profit of Hundai automobile company. This one example shows us very well that digital contents market as a core-engine for culture industry development is economically influential and attractive as well. This study focuses on activation of Digital Copyright Exchange in knowledge service convergence era. First, it examines other services like stock exchange, electronic documents and authentication certificate etc. which are similar to DCE service. Then it analyzes what factors make copyright industry have interested in the DCE the through technology acceptance model. Based on the results of the analysis, finally, this study evaluates how the DCE contributes to copyright industry overall including fair utilization of works.

The Effect of Organizational Justice on Organizational Support and Leader-Member Exchange(LMX) Within ICT Corporates for Fire Prevention Through Organizational Commitment (ICT소방 기업의 조직공정성이 조직후원인식과 LMX를 통해 조직몰입에 미치는 영향)

  • Hwang, HwanSung;Hwang, Changyu;Kwon, Dosoon
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.15 no.3
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    • pp.175-195
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    • 2019
  • This research aims to examine the cause-and-effect relationship between Organizational Justice and Organizational Commitment within ICT corporates for fire prevention, through Leader-Member Exchange(LMX) and Organizational Support. A survey was conducted to corporate employees from staff members to executives. A total of 316 responses were collected during two weeks from May 1st to 17th, 2019, and were analyzed in this research. The result of the theory on ICT fire prevention was as follows: First, Distributive Justice has significant influence on Organizational Support, while it does not on LMX. Second, Procedural Justice has significant influence on both Organizational Support and LMX. Third, while Interactional Justice does not have significant influence on Organizational Support, LMX showed significant influence. Fourth, Organizational Support has significant influence on Organizational Commitment. Fifth, LMX has significant influence on Organizational Commitment. This research is academically significant in that it applied the Justice Theory on ICT corporates for fire prevention from staff members to executives. It is considered so, since existing researches mainly address on the status of technologies and policies on how to link fire prevention and ICT, and not on fair compensation based on Organization Justice theory. Practical significance can be found in its suggestions to improving organizational culture from top-down to bottom-up, thus creating free and engaging atmosphere at work. It is therefore needed to conduct further researches that categorize executives by their traits, and examine factors influencing on organizational commitment within ICT corporates for fire prevention.

TENDER WITH ACCORDANCE TO FIDIC $(F\acute{e}d\acute{e}ration Internationale des Ing\acute{e}nieurs-Conseils)$

  • Barbuzynski Stanislaw;Kim Soo-Yong;Lee Young-Dai
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.335-340
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    • 2002
  • FIDIC $(F\acute{e}d\acute{e}ration Internationale des Ing\acute{e}nieurs-Conseils)$ is the worldwide federation of consulting engineering member associations dedicated to developing relationships between the consulting engineering profession and governments, funding agencies, banks, industry, commerce, contractors, suppliers and other construction industry professions. Today FIDIC membership numbers nearly 70 member associations from all parts of the globe. The members of each national association comply with FIDIC's code of ethics which calls for impartial advice, competence and fair competition. FIDIC acts as a forum for the exchange of views and information and actively encourages the discussion of matters of mutual concern among member associations. FIDIC prepared regulations concerning tenders, it is a method of choice of investment contractor, which serves to optimum of utilization of investment funds. FIDIC procedure is the most often used in international tenders.

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신뢰성 분산에 기반한 강건한 Certified E-mail 프로토콜

  • Seo, Chul;Yang, Jong-Pil;Lee, Kyung-Hyun
    • Proceedings of the Korean Information Science Society Conference
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    • 2003.04a
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    • pp.338-340
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    • 2003
  • Certified E-mail 프로토콜은 공정한 교환(fair exchange)을 보장하기 위하여 신뢰된 제 3자 (Trusted Third Party, TTP)톨 사용한다. 그러므로, Certified E-mail을 사용하는 유저들은 원격지의 TTP를 완전히 신뢰(fully-trust)해야 한다. 만약 TTP가 훼손되거나 유저와 공모하여 악위적인 행동을 한다면 Certified E-mail 프로토콜의 공정성(fairness)은 붕괴된다. 본 논문에서는 Threshold secret sharing을 사용하여 TTP의 신뢰성을 분산시킨 강건한 Certified E-mail 프로토콜을 제안한다. 분산된 TTP(Distributed TTP, DTTP)를 사용하므로써 유저가 공모하는 악위적인(malicious) TTP에 대한 공격을 막을 수 있으며 어느 한 DTTP가 훼손되더라도 전체 프로토콜에 영향을 주지 못한다.

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