• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.52
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• pp.25-44
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• 2011

Possibility of credit risk, foreign exchange risk and interest rate risk of exporter increases in the recent international Commercial transactions, due to financial crisis of Europe and liberalization of Middle East. Under this circumstance, Forfaiting is trade finance that forfaiter purchase negotiable debt instrument without recourse from exporter, which occurred related with international commercial transactions, and credit risk, contingency risk, foreign exchange risk and interest rate risk of exporter can be transferred to forfaiter. Forfaiting is typically medium-term finance(three to five years) concluded at fixed interest rate, although it can also arranged on a floating interest-bearing basis for periods from six months to ten years or more. But Forfaiting service of Korea has limitation as follows. First, forfaiting in Korea deals with unrestricted irrevocable documentary credit as debt instruments. Period that forfaiting is provided is short and amount of money is limited, compared with advanced forfaiting. But forfaiting provided in advanced countries deals with various methods such as guarantee for bill, payment guarantee, and can be resold in financial market. Recently importance of forfaiting is increasing in international commercial transactions. Therefore profound study on forfaiting is required. The study will examine the risk that happens to the concerned parties in forfaiting, and its management measures. The study adopted literature review method such as local and foreign books and papers about trade finance, internet information about forfaiting, and professional journal related with international finance.

• ETRI Journal
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• v.28 no.4
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• pp.444-452
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• 2006

Biometric-based authentication can provide a strong security guarantee of the identity of users. However, the security of biometric data is particularly important as any compromise of the biometric data will be permanent. In this paper, we propose a secure and efficient protocol to transmit fingerprint images from a fingerprint sensor to a client by exploiting the characteristics of the fingerprint images. Because the fingerprint sensor is computationally limited, a standard encryption algorithm may not be applied to the full fingerprint images in real-time to guarantee the integrity and confidentiality of the fingerprint images transmitted. To reduce the computational workload on the resource-constrained sensor, we apply the encryption algorithm to a nonce for integrity and to a specific bitplane of each pixel of the fingerprint image for confidentiality. Experimental results show that the integrity and confidentiality of the fingerprint images can be guaranteed without any leakage of the fingerprint ridge information and can be completed in real-time on embedded processors.

• Proceedings of the KIEE Conference
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• 1999.07b
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• pp.579-582
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• 1999

This paper presents a design method of deadbeat controller for DC motor driving a rotational system with gear. The results of sampling a continuous-data process does not guarantee that no ripples occur between the sampling instants in the continuous-data output, but the proposed deadbeat control system that consists of the integral controller and the full state observer, and zero order hold using in continuous systems, has many advantages of such as an output response without the ripple and reaching the steady state without error after a given sampling period and faster settling time than the optimal control system in the short sampling period. The results of case study through matlab simulation shown that the efficiency of the proposed controller for DC motor driving a rotational system with gear, is verified by comparing with optimal controller etc.

• Journal of Korea Technical Association of The Pulp and Paper Industry
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• v.29 no.1
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• pp.13-25
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• 1997

To establish the weed control method without herbicide and weeding work, mulch paper was developed from domestic old corrugate container. Basis weight of mulch paper should be above 120 g/$m^2$ to guarantee the mechanical properties. It was concluded that polyamide polyamine epichlorohydrin was desirable to improve the wet strength of mulch paper and the optimum addition level was about 1.5% on the basis of oven dry pulp. The mulch paper was found to be effective in controlling paddy weeds. For the complete weed control the mulch paper should be sustained without decomposition over 45 days. As the paper mulching reduced the soil temperature, the mulch paper was required to improve the penetration of radiant heat.

• ETRI Journal
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• v.24 no.2
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• pp.131-141
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• 2002

This paper considers a routing and wavelength assignment problem (RWAP) for the implementation of efficient Wavelength Division Multiplexing all-optical mesh networks without wavelength conversion. For a given physical network and required connections, the solution to the RWAP consists in how to select a suitable path and wavelength among the many possible choices for each connection so that no two paths using the same wavelength pass through the same link, while minimizing the number of required wavelengths. We introduce an integer programming formulation of the RWAP, which has an exponential number of variables, and propose an algorithm to solve it based on the column generation technique. The proposed algorithm can yield high quality solutions and tight lower bounds at the same time. Though the proposed algorithm cannot guarantee optimal solutions, computational results show that the algorithm yields provably good solutions within a reasonable time.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.13 no.3
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• pp.1546-1565
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• 2019

Signcryption schemes offer the possibility to simultaneously sign and encrypt a message. In order to guarantee the authentication of both signer and receiver in the most efficient way during the signcryption, certificate based solutions have been proposed in literature. We first compare into detail three recently proposed certificate based signcryption systems relying on the elliptic curve discrete logarithm problem and without the usage of compute intensive pairing operations. Next, we demonstrate how the performance of these certificate based systems can be improved by using the Elliptic Curve Qu Vanstone (ECQV) implicit certificates. What is more, generalized signcryption schemes are easily derived from these schemes and the anonymity feature of sender and receiver is already inherently included or can be very efficiently obtained without a significant additional cost.

• International Journal of Internet, Broadcasting and Communication
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• v.14 no.1
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• pp.1-9
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• 2022

Recently, a large number of cryptocurrencies and block chains have been continuously released. However, these cryptocurrencies and block chains are open to users without authorized verification and testing procedures, causing various reliability problems. Existing cryptocurrencies and blockchain test methods build a blockchain Testnet for a certain period of time by the developer without external verification by a third party, and after repeatedly self-testing and self-operating processes, commercialization is in progress by switching to the Mainnet. This self-verification method does not guarantee objectivity and publicness, and high reliability of customers cannot be realized. This study proposes a cryptocurrency and blockchain test interface and test control system as a third-party open test method.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.28 no.6B
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• pp.588-603
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• 2003

In this paper, we propose an Aggregate Three Color Marker without per flow management which is required for an Edge router to improve End-to-End QoS of Assured Service in DiffServ. Proposed Aggregate Three Color Marker is used with the Adaptive RIO-DC scheme to achieve the minimum rate guarantee without per flow management. Assuming that the admission control for Assured Service has been performed, proposed Aggregate Three Color Marker measures incoming In-profile traffic rate at the output link of an edge router using a token-bucket with a token rate equal to the sum of contracted rates of admitted flows passing the edge router. If there are token losses from the token bucket, out-of-profile packets are promoted to Yellow packets within the aggregate traffic profile. And yellow packets are demoted to out-of-profile packets at the input link to an Edge router fer the purpose of fairness maintenance. In-profile packets and Yellow packets are processed identically at the RIO-DC buffer management scheme in our proposed method. Simulation results show that through using proposed Aggregate Three Color Marker with the Adaptive RIO-DC scheme, the minimum rate guarantee for Assured Service can be achieved without per flow management at multiple DiffServ domains.

• Journal of Broadcast Engineering
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• v.26 no.7
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• pp.855-861
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• 2021

Neural Architecture Search (NAS) is cutting-edge technology in the machine learning community. NAS Without Training (NASWOT) recently has been proposed to tackle the high demand of computational resources in NAS by leveraging some indicators to predict the performance of architectures before training. The advantage of these indicators is that they do not require any training. Thus, NASWOT reduces the searching time and computational cost significantly. However, NASWOT only considers high-performing networks which does not guarantee a fast inference speed on hardware devices. In this paper, we propose a multi objectives reward function, which considers the network's latency and the predicted performance, and incorporate it into the Reinforcement Learning approach to search for the best networks with low latency. Unlike other methods, which use FLOPs to measure the latency that does not reflect the actual latency, we obtain the network's latency from the hardware NAS bench. We conduct extensive experiments on NAS-Bench-201 using CIFAR-10, CIFAR-100, and ImageNet-16-120 datasets, and show that the proposed method is capable of generating the best network under latency constrained without training subnetworks.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.9 no.6
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• pp.47-64
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• 2014

Considering the network externality and spill-over effects, this paper constructs the theoretical model for analyzing the financial policies focusing on the credit guarantee system for Creative Economy, which has been set as the new policy paradigm for the Korean Economy. The analytical results show that it is as much as important to improve the efficiency of the financial markets and construct the infrastructure for reducing the information asymmetry problem which would be more serious in the creative finance. Although it is important to fill the gap due to the market failure it is also crucial to construct the appropriate financial schemes for the various stages of the innovative firms growth. Without these, the impacts of current public funding policies may crowd out the amount of private market funds for the innovative firms or reduce the possibility of commercialization of new technologies in these firms. Based on the evaluation of current related public policies from the perspectives of creative finance, we imply that the current financial policies appear to be quantity oriented not the quality based. Although the policy goals would be appropriately set for vitalizing the Creative Economy in Korea, they appear to be still unsuccessful to address the information asymmetry issue which is the major concern in vitalizing the creative economy. Thus we emphasize the market friendly policies, risk-sharing between the various market participants, revitalizing the relationship banking and efficient management of credit guarantee system in Korea based on the analytical model as well as the evaluation of related policies regarding the creative economy.