• Title/Summary/Keyword: Legal Information

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Legal System of Blockchain and Domestic and Foreign Blockchain Legal System - Focusing on Industrial Revitalization - (블록체인의 법률체계와 국내외 블록체인 법제 현황 -산업 활성화를 중심으로-)

  • An, Myeonggu;Park, Yongsuk
    • Journal of Digital Convergence
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    • v.17 no.10
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    • pp.67-75
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    • 2019
  • As 4th industrial revolution has emerged as a hot topic, the blockchain technology capable of enabling super intelligence as a premiere has been an attracting attention. With the interest in blockchains, various platforms using blockchains are emerging. Reflecting this trend, several countries including US, EU, China, and Japan are preparing blockchain and related laws or amending existing laws. In Korea, the platform business based on blockchain is being done, but the related laws are insufficient. In this study, we first present the legal system of the blockchain, examine each component, and then compare the current state of the legal system in US, EU, China, and Japan based on the blockchain legal system. Finally, we propose a brief improvement plan of the legal system for industrial development by commercialization of blockchain. In the future, we would like to study the individual legal system about the blockchain.

A study on the application of legal design methodology for commercialization of security tokens

  • Sangyub Han;Hokyoung Ryu
    • Journal of the Korea Society of Computer and Information
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    • v.29 no.7
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    • pp.117-128
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    • 2024
  • In this paper, we propose a process for deriving priority tasks using the legal design technique in a situation where there is high uncertainty in the market and legal system regarding the commercialization of security tokens based on blockchain and distributed ledger technology. To issue and distribute securities tokens, we conducted a legal design workshop with participants who applied for innovative financial services (financial regulatory sandbox). During the workshop, participants harmonized their interests and deliberated on readiness, considering both legal and technical factors. The aim was to ascertain the feasibility of identifying prioritized objectives for future endeavors. The legal design technique facilitates consensus-building among stakeholders in an uncertain environment by confirming and adjusting differing perspectives and disagreements based on mutual understanding. The key stages include the empathetic process called "Family Therapy," the "N whys" for problem definition, and the speculative scenario design for problem-solving. This approach distinguishes itself from user-centered design thinking. Given the diverse stakeholders involved, effective facilitation by the facilitator is crucial during the legal design workshop preparation and execution.

Legal Considerations to Make a Successful Corporate Decision: Evidence from Prior Literature Analysis

  • KIM, Young-Dae;KOH, Jae-Jong
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.2
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    • pp.71-80
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    • 2022
  • Purpose - It is chaotic when doing a business without legal patterns and rules; individuals who make legal decisions without legal consideration are often protecting their interests and forgetting others. This study aims to suggest key solutions how companies can make better decision based on legal considerations through investigation comprehensive literature analysis. Research design, Data, and methodology - This research conducted qualitative textual method and a technique called 'Qualitative Comparative Analysis' (QCA) can be used to understand better why certain things change while others do not. In tough situations, QCA is a strategy for comparing several occurrences. Result - Total six considerations were founded by the QCA for better corporate decision. Based on these considerations, all stakeholders, shareholders, and every employee should nominate and vote on one person to be their leader in the organization; fair practices in choosing the governor of the organization through legal binding will bring peace and order to the company. Conclusion - It was time consuming to go through every detailed material that entails legal consideration in making corporate decision. The concept of same profile in the research is critical whereby many authors are using same concept to write their articles and books. Using pure concept from one source limits the research and gives inadequate information.

Deep Learning Based Semantic Similarity for Korean Legal Field (딥러닝을 이용한 법률 분야 한국어 의미 유사판단에 관한 연구)

  • Kim, Sung Won;Park, Gwang Ryeol
    • KIPS Transactions on Software and Data Engineering
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    • v.11 no.2
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    • pp.93-100
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    • 2022
  • Keyword-oriented search methods are mainly used as data search methods, but this is not suitable as a search method in the legal field where professional terms are widely used. In response, this paper proposes an effective data search method in the legal field. We describe embedding methods optimized for determining similarities between sentences in the field of natural language processing of legal domains. After embedding legal sentences based on keywords using TF-IDF or semantic embedding using Universal Sentence Encoder, we propose an optimal way to search for data by combining BERT models to check similarities between sentences in the legal field.

A Study on the Legal Effect of Electronic Contract (전자계약의 효력에 관한 연구)

  • Song, Gye-Eui
    • International Commerce and Information Review
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    • v.1 no.2
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    • pp.229-247
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    • 1999
  • Where a paper document, a manual signature, or negotiability is required in statute, then solutions must be found through a change in the law. However, where the problem originates in commercial usage, then the solution can be easier, and speedy. Certainly, nearly all of the functions that paper document provides can be equally, or better, satisfied by electronic means. That is, Electronic Commerce(EC), which has been increasing rapidly and is a new type of transaction, may be hindered by legal obstacles to use of Electronic Message, or by uncertainty to its legal effect and validity. Therefore, it is important to sustain legal effect to Electronic Message for the prosperity of EC The one of solutions is to use reliable Electronic signature system by Certification Authority to verify the authenticity of Electronic Message.

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Problems of Regulatory and Legal Support of Polygraph Application in Ukraine

  • Irkha, Yurii;Butenko, Oleksii;Pogrebytskyi, Mykola;Manzhai, Oleksandr;Krushynskyi, Serhii
    • International Journal of Computer Science & Network Security
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    • v.21 no.12
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    • pp.203-206
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    • 2021
  • The article is devoted to the study of the problems of polygraphic research to obtain forensically significant information. An analysis of the legal basis for the use of the polygraph in Ukraine. Problematic issues concerning the appropriateness of using a polygraph in the investigation and detection of crimes have been studied. The domestic legal norms that regulate this issue, as well as foreign experience are analyzed. The article reveals the essence of the polygraph, the legal basis and requirements for its use. Attention is drawn to the main difficulties of using a polygraph and ways to solve them.

Measures for Automaker's Legal Risks from Security Threats in Connected Car Development Lifecycle

  • Kim, Dong Hee;Baek, Seung Jo;Lim, Jongin
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.11 no.2
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    • pp.865-882
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    • 2017
  • To improve passenger convenience and safety, today's vehicle is evolving into a "connected vehicle," which mounts various sensors, electronic control devices, and wired/wireless communication devices. However, as the number of connections to external networks via the various electronic devices of connected vehicles increases and the internal structures of vehicles become more complex, there is an increasing chance of encountering issues such as malfunctions due to various functional defects and hacking. Recalls and indemnifications due to such hacking or defects, which may occur as vehicles evolve into connected vehicles, are becoming a new risk for automakers, causing devastating financial losses. Therefore, automakers need to make voluntary efforts to comply with security ethics and strengthen their responsibilities. In this study, we investigated potential security issues that may occur under a connected vehicle environment (vehicle-to-vehicle, vehicle-to-infrastructure, and internal communication). Furthermore, we analyzed several case studies related to automaker's legal risks and responsibilities and identified the security requirements and necessary roles to be played by each player in the automobile development process (design, manufacturing, sales, and post-sales management) to enhance their responsibility, along with measures to manage their legal risks.

The Present Status of and Development Plans for Legal Technology in the Fourth Industrial Revolution (4차 산업혁명시대 법정보기술의 현황과 발전방안)

  • Lee, Sung-Jin;Lee, Yeon-Ju;Son, Hyoung-Kun;Kim, Gi-Bum
    • Informatization Policy
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    • v.28 no.1
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    • pp.3-21
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    • 2021
  • Klaus Schwab's discussion on the Fourth Industrial Revolution provides a framework for predicting the direction of legal technology development. Technological convergence, which has emerged as the core concept of the Fourth Industrial Revolution has a significant effect on legal technology. In particular, various new technologies, such as legal chatbots and platforms, are being introduced to enhance efficiency and accessibility in the legal field. However, legal technology is still in its early stage, with institutional improvement needed to vitalize the industry. In this paper, we first specify the concept and classification of legal technology in Chapter 2, followed by trends and limitations in Chapter 3 and ways of vitalizing legal technology in the future in Chapter 4. To invigorate legal technology development, it is necessary to put in place legal regulatory measures that stipulate the active disclosure of legal data, such as precedents, and make free use of such measures. In the law, many issues, such as the safety of artificial intelligence, personal information protection, and ethical standards, will be discussed in the future. Therefore, via this paper, we hope to promote the formation of social consensus and prepare countermeasures, such as legislative measures.

Semi-automatic Legal Ontology Construction based on Korean Language Sentence Patterns

  • Jo, Dae Woong;Kim, Myung Ho
    • Journal of the Korea Society of Computer and Information
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    • v.22 no.6
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    • pp.69-77
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    • 2017
  • The information related to legislation is massive, and it takes much time and effort to manually build the legislation ontology. Thus, studies on machine-based automated building methods are underway. However, the studies to automatically construct such systems focus on using TBox construction, and those based on automated ABox construction, which corresponds to instances, theoretical systems and data building cases, has not yet been sufficiently developed. Therefore, this paper suggests using a semi-automatic ABox construction method based on sentence patterns to automatically build the ontology for the legislation of the Republic of Korea. Precision and Recall experiments were conducted to further discuss the performance of the suggested method. These experiments provide a comparison between the manual classification, and the triples built by the machines of the legal information by assessing the corresponding numerical values.

Identification of unfavorable clause and directionality through the analysis of legal system of autonomous driving vehiecle in Korea (국내 자율주행자동차 관련 법률 및 제도 분석과 한계점 도출 및 방향성 제안)

  • An, Myeonggu;Park, Yongsuk
    • Journal of Convergence for Information Technology
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    • v.9 no.1
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    • pp.38-44
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    • 2019
  • As 4th industrial revolution era has come, autonomous driving vehiecle gets its attention for commercialization and development and thus its impact on society. To this end, several countries such as US, England and Germany are preparing their own legal systems to come up with commercialization of autonomous driving vehiecle. In this country, Korea is also developing autonomous driving vehiecle and looking forward its commercialization yet the legal system of Korea lacks of laws, regulations, rules, guidelines and so on. Hence, it is our intention to look into Korean legal system providing the analysis of current Korean legal system in detail. This paper also provides further directions to have balance between commercialization success and risk management in this country and, as a result creates a small step toward 4th industrial revolution society.