• The Journal of Information Systems
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• v.32 no.1
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• pp.53-84
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• 2023

Purpose The purpose of this study is to understand the factors that influence the purchasing behavior of NFT collectibles consumers, using the value-based acceptance model (VAM). As the use of NFTs is predicted to become more widespread in the near future, it is important to explore how these consumers make purchasing decisions. Design/methodology/approach This study employed text analysis and in-depth interviews to identify the factors of benefits and sacrifices perceived by consumers. Based on the results of the exploratory study, a research model and hypotheses were established. To test the hypotheses, an online survey was conducted, and the data was analyzed using a structural equation model. Findings The major findings of this study showed that perceived benefit factors had a significant positive impact on consumers' perceived value of NFT collectibles, whereas perceived sacrifice factors did not have a significant effect on perceived value. Also, when consumers' social needs were met, their perceived value was highest. Lastly, the effect of perceived value on purchase intention was not affected by the level of psychological ownership.

• International Journal of Internet, Broadcasting and Communication
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• v.15 no.1
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• pp.23-32
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• 2023

Since NFTs can be used like certificates due to the nature of blockchain, their use in various digital asset trading markets is expanding. This is because NFTs are expected to be actively used as a core technology of the metaverse virtual economy as non-transferable NFTs are developed. However, concerns about NFT security threats are also growing. Therefore, the purpose of this study is to investigate and analyze NFT-related infringement cases and to clearly understand the current security status and risks. As a research method, we determined NFT security areas based on previous studies and analyzed infringement cases and threat types for each area. The analysis results were systematically mapped in the form of domain, case, and threat, and the meaning of the comprehensive results was presented. As a result of the research, we want to help researchers clearly understand the current state of NFT security and seek the right research direction.

• Proceedings of the Korean Society of Computer Information Conference
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• 2022.07a
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• pp.599-602
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• 2022

글로벌 NFT 시장의 성장과 기술의 발전으로 기존의 디지털 아트 뿐만 아니라 다양한 산업군에서 NFT 기술을 도입하고 있다. 게임 산업은 NFT 기술을 적극적으로 도입하고 있다. 이에 따라 본 논문에서는 NFT 기술을 접목하여 개발한 게임(이하 'NFT 게임')에 대한 사람들의 인식을 조사하였다. 기존에 게임을 즐기던 게임유저들에게 NFT 개념에 대한 기본적인 이해도, NFT 기술의 게임 적용 유무에 대한 찬반, NFT 게임과 기존 게임에서의 결제 성향 차이 등을 조사하여 향후 게임 산업에서 NFT 기술을 접목할 때 유저들의 의견을 반영하는 것에 연구의 목적이 있다.

• Electronics and Telecommunications Trends
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• v.38 no.2
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• pp.56-65
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• 2023

The combination between metaverse and non-fungible token (NFT), which opens up new opportunities for the media industry, raised expectations for a new economic system and business model. Of course, last year, various institutions and researchers continuously introduce representative metaverse services and business strategies such as Roblox, Fortnite, and ZEPETO. However, as 2022 progresses, the reaction to the metaverse is tepid than expected. Search volume on Google has been continuously decreasing. Furthermore, skepticism, regarded as one of the special phenomena caused by the coronavirus disease 2019 pandemic, is expanding since December 2021. Nevertheless, analysis or contemplation of a new business model related to the metaverse, which is still ongoing, is essential for those who must prepare for the future. The reason is that even if without being activated now, advanced preparation can help when various problems arise. In this study, we look at the metaverse and NFT biz models and estimate a picture of the future. In other words, the social and economic problems that may arise when the business model is expanded are summarized, and technical and policy measures are derived as solutions.

• Proceedings of the Korea Information Processing Society Conference
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• 2021.11a
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• pp.326-329
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• 2021

본 논문에서는 블록체인 기술을 활용하여 게임 콘텐츠의 위변조를 방지하고 유전 알고리즘을 이용하여 게임 콘텐츠의 유기적 생태계를 구축하는 방법을 제안한다. 블록체인 기술을 바탕으로 모든 게임 플레이어는 Non-Fungible Token (NFT)으로 보호되는 독자적인 게임 캐릭터를 생성 및 관리할 수 있다. 또한 각 게임 캐릭터는 캐릭터의 고유 성질을 나타내는 유전 정보로 정의되며, 유전 알고리즘에 의하여 새로운 캐릭터가 생성되도록 함으로써 게임 캐릭터들의 유기적 생태계가 구축될 수 있다. 제안한 기술을 바탕으로 한 경영 시뮬레이션 웹 게임인 Cryptoy 를 개발하였고, 이를 통해서 제안한 기술의 안전성 및 정확성을 분석하였다.

• Proceedings of the Korea Information Processing Society Conference
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• 2022.11a
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• pp.958-960
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• 2022

본 논문에서 블록체인과 개인화 추천 알고리즘을 통해 사용자 데이터 기반의 카페 정보를 추천하는 시스템과 Non-Fungible Token(NFT) 자동 발행 시스템을 구축하는 방법을 제안한다. Matrix Factorization를 활용한 추천 알고리즘을 통한 맞춤형 카페 정보를 추천한다. 또한 Klaytn을 통한 KIP-17 형태의 NFT를 자동 발급하는 시스템을 제안한다.

• Proceedings of the Korea Information Processing Society Conference
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• 2022.11a
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• pp.258-260
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• 2022

대체 불가능 토큰 (NFT, non-fungible token)은 고유하고 더 이상 분할할 수 없는 특성을 가지고 있다. NFT 는 디지털 콘텐츠에 대한 소유권을 증명해 주지만 현재 1) 소유권 증명 이상의 유틸리티가 명확하지 않고, 2) 토큰이지만 유동성이 거의 없으며, 3) 가격이 예측 불가능하다. 특히, 부동산의 경우 가격이 매우 높은 특징으로 인하여 투자 진입장벽이 매우 높다. NFT 분할을 하면 유동성의 증가, 그리고 접근성 증가에 따른 커뮤니티 볼륨의 증가를 기대해 볼 수 있다. 이러한 특성을 활용하여 기존에 투자하기 어려웠던 부동산을 다양한 기술을 활용하여 쉽게 투자를 할 수 있게 된다. 또한, Black Litterman 모델을 활용하여 보다 여러 종류의 NFT 들에 대한 최적 포트폴리오를 구성할 수 있는 알고리즘을 설계하고 구현하였다.

• Review of KIISC
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• v.34 no.1
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• pp.27-32
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• 2024

블록체인 기반 NFT(Non-Fungible Token)는 자산 디지털화 및 소유권을 위한 독특한 기회를 제공하면서 디지털 경제를 변화시키는 원동력으로 등장했다. 블록체인 생태계 내에서 NFT의 급속한 출현은 디지털 자산 관리 및 소유권에 있어 중요한 발전을 의미한다. 본 연구는 기술 혁신, 시장 역학 및 규제 프레임워크의 역할을 강조하면서 블록체인 기반 NFT 서비스의 운영 전략을 검토하였다. 본 연구는 기술과 시장 역학의 교차점을 강조하면서 이더리움 블록체인에서 NFT의 기술적 토대, 확장성과 상호 운용성의 과제, 다양한 시장 관행의 의미를 연구한다. 디지털 경제에서 기능을 향상하는 것에 중점을 두고 NFT 표준화, 확장성 및 사용자 참여의 과제와 기회를 조사하여 다양한 시장 애플리케이션에 맞게 NFT 플랫폼을 최적화하는 데 대한 통찰력을 제공하는 것을 목표로 한다.

• Journal of Information Technology Applications and Management
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• v.30 no.1
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• pp.115-126
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• 2023

In various fields such as art, design, music, film, sports, games, and fashion, NFTs (Non-Fungible Tokens) are creating new economic value through trading platforms dedicated to NFT art and content. In this article, I analyze the current state of blockchain technology and NFT art content in the context of an expanding market for blockchain-based NFT art content in the metaverse. I also propose several tasks based on the economic and industrial logic of technological innovation. The first task proposed is to integrate cultural arts on blockchain, metaverse, and NFT platforms through digital innovation, instead of separating or distinguishing between creative production and consumption. Before the COVID-19 pandemic, there was a clear separation between creators and consumers. However, with the rise of Web 3.0 platforms, any user can now create and own their own content. Therefore, it is important to promote a collaborative and integrated approach to cultural arts production and consumption in the blockchain and metaverse ecosystem. The second task proposed is to align the legal framework with blockchain-based technological innovation. The enactment and revision of relevant laws should focus on promoting the development of the NFT trading platform ecosystem, rather than merely regulating it for user protection. As blockchain-based technology continues to evolve, it is important that legal systems adapt to support and promote innovation in the space. This shift in focus can help create a more conducive environment for the growth of blockchain-based NFT platforms. The third task proposed is to integrate education on digital arts, including metaverse and NFT art contents, into the current curriculum. This education should focus on convergence and consilience, rather than merely mixing together humanities, technology, and arts. By integrating digital arts education into the curriculum, students can gain a more comprehensive understanding of the potential of blockchain-based technologies and NFT art. This article examines the digital technological innovation such as blockchain, metaverse, and NFT from an economic and industrial point of view. As a limitation of this research, the critical mind such as philosophical thinking or social criticism on technological innovation is left as a future task.

• The Journal of Korea Institute of Information, Electronics, and Communication Technology
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• v.16 no.1
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• pp.24-32
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• 2023

The current Private 5G use procedure goes through the step of application examination, use and usage inspection, and can be divided in to application, examination step as a procedure before frequency allocation, and use, usage inspection step as a procedure after frequency allocation. Various types of documents are required to apply for a Private 5G, and due to the document screening process and radio station inspection for using Private 5G frequencies, the procedure for Private 5G applicants to use Private 5G is complicated and takes a considerable amount of time. In this paper, we proposed Frequency Allocation Process for Private 5G using a blockchain platform, which is fast and simplified than the current procedure. Through the use of a blockchain platform and NFT (Non-Fungible Token), reliability and integrity of the data required in the frequency allocation process were secured, and security of frequency usage information was maintained and a reliable Private 5G frequency allocation process was established. Also by applying the RPA system that minimizes human intervention, fairness was secured in the process of allocating Private 5G. Finally, the frequency allocation process of Private 5G based on the Ethereum blockchain was performed though a simulation.