• Title/Summary/Keyword: LVTS

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A Comparative Assessment Between LVTS of Canada and Fedwire of America as a Wholesale Electronic Payment System (미국과 캐나다의 거액전자지급결제제도 비교연구 - 미국의 Fedwire와 캐나다의 LVTS를 중심으로 -)

  • Lee, Byeong-Ryul
    • International Commerce and Information Review
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    • v.19 no.1
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    • pp.43-63
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    • 2017
  • I focused on LVTS compare with Fedwire to advance a research effects in this paper. The Fedwire Funds Service is generally used to make large-value, time-critical payments. The Federal Reserve Banks provide the Fedwire Funds Service, a real-time gross settlement system that enables participants to initiate funds transfer that are immediate, final, and irrevocable once processed. The Fedwire Funds Service is a credit transfer service. While, The LVTS(Large Value Transfer System) is the high value electronic wire system that facilitates the transfer of irrevocable payments in canadian dollars across the country. Through LVTS, funds can be transferred between participating financial institutions virtually instantaneously in a fully collateralized environment. Thus in this article, first of all, I considered features of payment system between LVTS and Fedwire. Second, I analyzed the governing structure and legal background. Third, I focused on the operational policy and risk aversion policy. Lastly, I suggested that the payment and banking system have to assume, with good reason, more efficiently accurately and securely operation together with conclusion.

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3D Simulation of Earthquake Ground Motion Using Locally Variable Time-Step Finite-Difference Method

  • Kang, Tae-Seob;Baag, Chang-Eob
    • Proceedings of the International Union of Geodesy And Geophysics Korea Journal of Geophysical Research Conference
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    • 2003.05a
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    • pp.18-18
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    • 2003
  • Three-dimensional finite-difference simulation of earthquake ground motion is performed using a locally variable time-step (LVTS) scheme matching with discontinuous grids. Discontinuous grids in three directions and extension of the discontinuous grids' boundary to the free-surface in the LVTS scheme minimize the cost of both the computational memory and the CPU time for models like the localized sedimentary basin. A simplified model of sedimentary basin is dealt to show the feasibility and efficiency of the LVTS scheme. The basin parameters are examined to understand the main characteristics on ground-motion response in the basin. The results show that the seismic energy is concentrated on a marginal area of the basin far from the source. This focusing effect is mainly due to the constructive interference of the direct S-wave with the basin-edge induced surface waves. The ground-motion amplification over the deepest part of the basin is relatively lower than that above the shallow basin edge. Therefore the ground-motion amplification may be more related to the source azimuth or the direction of the incident waves into the basin rather than the depth of it.

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A Comparative Study on ACH and Fedwire as a Cross-Border Payment System (국제전자결제시스템으로서 ACH와 Fedwire의 비교연구)

  • Lee, Byeong-Ryul
    • International Commerce and Information Review
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    • v.10 no.1
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    • pp.139-154
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    • 2008
  • This research want to discuss some issues about payment system of America. This research focuses on comparing ACH with Fedwire. Firstly Fedwire is the payment system for only large-dollar transfer(Large-Value Transfer System; LVTS), while ACH(Automated Clearing House)payment mainly applies a consumer account. Secondly ACH transaction is either credit or debit transfer, while Fedwire is only credit transfer. Thirdly the communication system of Fedwire has twoway method, telephonelike communication network, but ACH is oneway store and forward electronic mail. At present LVTS divides into RTGS(Real-Time Gross Settlement) and DNS(Deferred Net Settlement). However Fedwire uses either RTGS(instantaneous for every transaction) or DNS(net net transaction) but ACH uses only DNS(net net transaction). Fourthly ACH is substantially cheaper than the Fedwire payment. lastly security is important in both Fedwire and ACH, it is even more crucial in Fedwire In addition, for each transaction, Fedwire may entail individual instantaneous confirmation to the originator and notification to the receiver, whereas ACH do not.

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Evaluation Technique of the Low Voltage AC-DC Transfer Standard using Micropotentiometer (마이크로포텐시오미터를 이용한 저전압 교류-직류 변환기의 평가기술)

  • Kwon, Sung-Won;Jung, Jae-Kap;Lee, Sang-Hwa;Kim, Han-Jun;Kim, Mun-Seog
    • Proceedings of the KIEE Conference
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    • 2007.07a
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    • pp.1704-1705
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    • 2007
  • A step-down procedure employing low voltage thermal transfer standard(LVTS) and micropotentiometer is described for the establishing the ac low voltage standards in the range of 2 mV to 200 mV below 1 MHz. Techniques are given for measuring input impedance with insertion method and calculating the loading error for the ac-dc transfer difference of the LVTS.

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Thereshold Switching into Conductance Quantized Sttes in V/vamorphous- $V_{2}$ $O_{5}$/V Thin Film Devices (V/비정질- $V_{2}$ $O_{5}$ /lV 박막소자에서의 양자화된 컨덕턴스 상태로의 문턱 스위칭)

  • 윤의중
    • Journal of the Korean Institute of Telematics and Electronics D
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    • v.34D no.12
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    • pp.89-100
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    • 1997
  • This paper investigated a new type of low voltage threshold switch (LVTS). As distinguished from the many other types of electronic threshold switches, the LvTS is ; voltage controlled, occurs at low voltages ($V_{2}$ $O_{5}$lV devices. The average low threshold voltage < $V_{LVT}$>=218 mV (standard deviation =24mV~kT/q, where T=300K), and was independent of the device area (x100) and amorphous oxide occurred in an ~22.angs. thick interphase of the V/amorphous- $V_{2}$ $O_{5}$ contacts. At $V_{LVT}$ there was a transition from an initially low conductance (OFF) state into a succession of quantized states of higher conductance (ON). The OFF state was spatically homogeneous and dominated by tunneling into the interphase. The ON state conductances were consistent with the quantized conductances of ballistic transport through a one dimensional, quantum point contact. The temeprature dependence of $V_{LVT}$, and fit of the material parameters (dielectric function, barrier energy, conductivity) to the data, showed that transport in the OFF and ON states occurred in an interphase with the characteristics of, respectively, semiconducting and metallic V $O_{2}$. The experimental results suggest that the LVTS is likely to be observed in interphases produced by a critical event associated with an inelastic transfer of energy.rgy.y.rgy.

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