• Journal of Korea Port Economic Association
• /
• v.38 no.1
• /
• pp.31-47
• /
• 2022

While the ship finance industry has long been struggling with diminishing involvements from the private sector, government-run banks have consistently increased their presence in maritime finance. To address such concerns, this research conceptually explores the creation of blockchain technology-driven security token offering (STO) platforms. To suggest a sound platform model, this piece first examines key design principles. Based on the integral perspective on the digital platform, this paper exhibits three core design principles to create a virtuous platform ecosystem, then sets out STO platform design guidelines. This paper further explores an STO platform model by considering conventional ship finance systems and practices in Korea. The STO platform has three main effects; 1) the wider availability of STOs can enlarge both the scope and size of ship finance users, 2) the activation of security token transactions leads to an increase in participation, and 3) possibilities to create complementary innovative financial services can further encourage the participation of private investors. The STO ecosystem may contribute to the shipping, shipbuilding, and ship finance industries by enhancing its attractiveness to the general public and by creating positive externalities for Busan as a maritime finance center.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.29 no.4B
• /
• pp.329-337
• /
• 2009

In this study we briefly introduce the electronic float system based on the GPS and RF communication technology and present some field application results. The system is capable of operating 15 floats simultaneously for making discharge measurement. Since the electronic floats (EFs) acquire flow paths, they can improve velocity measurement accuracy up to 10%. Additionally, measured velocities by the EFs show good agreement with those by an ADCP. Relative difference in sub-section area calculated by the electronic and conventional float methods is -79~71% and, due to convergent tendency of floats flowing along near banks, it increases much larger. It is possible to improve accuracy up to 5~6% in making discharge measurement by the electronic floats at site with irregular flow paths and section arrangement. The electronic float system is capable of calculating more accurate velocity and section area using position information based on GPS. By real-time measurement of velocity, cross-section area and discharge, the electronic float system is expected to reduce manpower and improve accuracy, rapidity and efficiency of flood discharge measurements.

• Korean Journal of Agricultural Science
• /
• v.8 no.1
• /
• pp.18-28
• /
• 1981

The purpose of this study was to establish the intergrated control of rice insect pests. Specific objectives were to reveal the diversity of natural enemies in rice field environment, to obtain basic informations of their population dynamics, and to screen the selective insecticides for the conservation of natural enemies. The results of the study were as follows. 1. In numbers of species and in numbers of each species of parasitic Hymenoptera of rice insect pests were more diverse and abundant in rice paddy leeves and banks than paddy fields. Braconid Mymarid and pteromalid were predominated in the field and their population was high during early August to mid September. 2. Of the predatory spiders, Pirata subpiraticus was the largest in number and amounted to 72% of the total, Gnatonarium dentatum, Pachygnatha clerki and Clubiona japonicola were the next. It was also found that P. subpiraticus had three generations in a year. 3. Hence the activities of the predatory spider species and parasitic Hymenoptera were high in early to mid August and September, it would be better promising to avoid chemical applications at this time of periods as possible. 4. The relative toxicity of several insecticides which have been used for the control of brown plant hopper (BPH) showed that P. subpiraticus was 1.1-73.1 times higher than BPH and G. dentatum to P. subpiraticus was 1.1-73.1 times, respectively. 5. Three conventional insecticides, Padan, Diazinon and Carbofuran were screened for toxicity to predatory spider species. The insecticides deffered in their toxicity to the predators. However, Padan was appeared to be the least toxic to the predators.