• Title/Summary/Keyword: Payments System

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Development of Dynamic Magnetic Field Emulator for Smart Multi-Card (스마트멀티카드를 위한 동적자장모사장치의 개발)

  • Bae, Jae-Ho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.4
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    • pp.183-190
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    • 2017
  • This paper proposes a dynamic magnetic field emulator (DMFE), which can electrically emulate information for the magnetic stripes of most widely used credit cards. Payment transactions with most common credit cards are performed by reading the card's information, encoded in magnetic stripes, using the reader head of a point-of-sale (POS) system. A stripe-type permanent magnet is attached to the back side of the credit card, and information for payments or value-added service is reorganized by exposing it to strong magnetic field. The process of data recording and retrieving as stated above has been pointed out as a major cause of illegal credit card use, because the information on the magnetic stripe is always exposed, and is thus vulnerable to forgery or alteration. A dynamic magnetic field emulator displays card information only when necessary by using the principle of solenoidal magnets. The DMFE proposed in this paper can prevent fraudulent use if it is operated with a device, like a smart phone, or a separate user-authentication procedure. In addition, because it is possible to display various information as needed, it can be utilized for a smart multi-card application, in which information for multiple cards is stored in one card, and can be selected and used as needed. This paper introduces the necessity of the DMFE and its manufacturing principles. As a result, this study will be helpful for making various application cases in payment, which is a core area of the Fintech (a newly-coined word of finance and technology) industry.

Risk assessment of gillnet fishing vessels in South Korea: a statistical analysis of occupational accidents 2016-2020

  • Yoo-Won Lee;Kyung-Jin Ryu;Su-Hyung Kim;Hyungju Kim;Kwi Yeon Koo;Chaegil Lee;Seonghun Kim
    • Fisheries and Aquatic Sciences
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    • v.27 no.1
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    • pp.7-16
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    • 2024
  • Fishing is considered one of the most dangerous industries alongside mining that needs further efforts to improve safety. In this study, we have investigated safety management of the gillnet fishing industry in South Korea through identifying safety level and classifying common accident types from the statements of accident com-pensation insurance payments for the last 5 years (2016-2020). There were in total 3,895 accidents and 159 fatalities with an average accident frequency of 5.34 × 10-2 per year per fisher and an average fatality of 2.18 × 10-3 fishers per year. We have also identified that 62.4% of the accidents occurred during Fishing (FS), and the most common and the most severe accident type is Slips and Trips (ST) and Other (OT) marine accidents such as collision and capsizing, respectively. The hand was most frequently injured. Finally, the risk assessment indicated that most of the accident types of gillnet fishing in South Korea have unacceptable levels of risks, and it is urgent to implement improved safety measures to reduce accidents during gillnet fishing operation. The findings of this study are expected to provide valuable data to create a safer working environment for fishers working on gillnet fishing vessels.

A Credit Card Sensing System based on Shared Key for Promoting Electronic Commerce (전자상거래 촉진을 위한 공유키 기반 신용카드 조회 시스템)

  • Jang, Si-Woong;Shin, Byoung-Chul;Kim, Yang-Kok
    • The KIPS Transactions:PartD
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    • v.10D no.6
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    • pp.1059-1066
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    • 2003
  • In this paper, the magnetic sensing system is designed and implemented for the safe security in internet commerce system. When the payment is required inthe internet commerce system, the magnetic sensing system will get the information from a credit card without keyboard input and then encrypt and transmit the information to server. The credit card sensing system, which is proposed in this paper, is safe from keyboard hacking because it encrypts card information immediately in its internal chip and sends the information to host system. For the protection of information, the magnetic sensing system is basically based on a synchronous stream cipher cryptosystem which is related to a group of matrices. The size of matrices and the bits of keys for the best performances are determined for various cases. It is shown that for credit card payments. matrices of size 2 have good performance even at most 128bits keys with the consideration of inverse matrices. For authentication of general-purpose data, the magnetic sensing system needs more than 1.5KB data and in this case, the optimum size of matrices is 2 or 3 at more 256bits keys with consideration of inverse matrices.

A study on the Improvement Method of the Report and Reward System on an Illegal Behavior of the Emergency Exit (비상구 불법행위 신고포상제도의 개선방안에 관한 연구)

  • Kim, Myeong Sik;Lee, Tae Shik;Cho, Won Cheol
    • Journal of Korean Society of Disaster and Security
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    • v.5 no.2
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    • pp.49-59
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    • 2012
  • The safety management of the emergency exit, by directly related to the $civil^{\circ}$Øs dead in the fire situation, have limited by which the fire station take the on-side and control-centered way of business processing, it is expect to the effects in which the citizen have to concern and to take part. From 2010 years in the back-ground, it is operated nationally the report and reward system on an illegal behavior of the emergency exit, it is happened to the unfit operating situation in the mission and direction of the system up which the exit paparazzi act with intent to receive the reward payments. The study suggests solution through analyzing the illegal emergency exit operation result of sixteen counties and the Seoul metropolitan from year 2010 to 2011. Firstly, the report destination is adjusted to the multiple use establishments and the large-scale multiple use facilities over the limit level is limited under five times the report events of the same people in the minor endorsement. And the fine incomes should be invested to the disaster prevention acting related with the exit. Secondly, for upgrade of the report accuracy, a reporter is received the possible information for the confirmation of an illegal act, has become to lead the pre-monitoring act which the reporter is can to take the safety education and to guide the information about season and vulnerable business location. Finally, considering the support way about the encounter facility, the fire officer is not happen to occur the repetitive report in the same place, is related to the volunteer service system the report acts, consider as the volunteer service time, and must support them to act as the disaster prevention volunteer.

A Study on the Selection of Subject Vessel for Development of Oil Recovery Equipment for Small Vessel (소형선박용 기름회수장비 개발을 위한 대상선박 선정에 관한 연구)

  • Lim, Chae-Hyun;Han, Won-Heui
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.18 no.6
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    • pp.604-609
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    • 2012
  • Our country has experienced some difficulties with clean up operation of massive marine oil pollution due to the lack of oil spill response equipments. And there was the case that a fishing vessel performed clean up operation had not received any proper payments because of its inefficient oil spill response operation. Thus, it is important to develop an efficient oil recovery equipment for small vessel and adopt it as a part of oil pollution prevention policy. These efforts could prepare oil spill response equipment in advance and use a fishing vessel registered in the affected area by massive marine oil pollution. Therefore, this study examines and adopts a suitable subject vessels as a first step for developing oil recovery system fitting with small vessels for national use.

An Economic Approach to the Rational Development and Use of Marine Resources (II) (해양자원의 합리적 개발.이용에 관한 경제학적 연구(II))

  • 유동운
    • The Journal of Fisheries Business Administration
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    • v.14 no.1
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    • pp.19-43
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    • 1983
  • Mankind has made traditional use of various ocean resources in such several forms as fish, plants food, means of transportation, and military purpose, followed by the recent exploitation of offshore subsoil or sea-bed minerals, energies, and utilization of ocean space. These available ocean resources come from the marine natural environment which has a distinct feature in view of the relationship between human wants and their capacity to meet them. Though these socially basic resources however bring forth the so-called scarcity or differential rent, their communal nature of ownership dissipates free gifts of nature endowed to society as a whole. Thus to maximize these rents and social welfare thereof, rents should be secured and preserved through a well-defined arrangements of property-ownership as well as appropriate comparison of competing uses of marine resources, taking full cognizance of their irreversible adverse effects of a specific choice on the alternatives. Here I showed the sources of rent yielded from the multiple uses of navigation, fishery, mariculture, minerals, and recreation site, and also summarized the presently widely-known analytic tool to measure these rents with emphasis on due care of the telescopic faulty of the appraiser in charge, viewed from the communal point, Finally, as communal property is in strict sense owned by the public at large, notwithstanding the restricted communal ownership at government or local governments control, effectiveness of competition I expect should be kept while transferring claims of these resources from the legal owner to private enterprise as well as while extracting their rent by her. In particular, various national or social objectives look forward to tile maximization of social efficiency. Discretionary system in noncompetitive method thus, is exceptionally suggested because of probable suspicion from the public whether these resources are transferred as a give away or not in discretion. And these realized rent payments, I propose, should be wisely taken advantage of in advancement of scientific research in marine nature to bring an incremental rent therefrom successively.

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Estimation of the Benefit from the Campaign to Prevent Drowsy Driving Crashes Using a Contingent Valuation Method (조건부 가치측정법을 이용한 고속도로 졸음운전 교통사고 예방 캠페인 편익 추정)

  • Park, Sangmin;Kim, Kyunghyun;Ko, Hangeom;Jung, Young Sick;Ryu, Jong Deug;Yun, Ilsoo
    • International Journal of Highway Engineering
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    • v.18 no.5
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    • pp.75-82
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    • 2016
  • PURPOSES : This study was initiated to estimate the benefits from the campaign to prevent drowsy driving crashes on expressways. The study was conducted by the Korea Expressway Corporation using a contingent valuation method. METHODS : First, a questionnaire was designed for a preliminary survey. From the survey's results, the initial willingness to pay for the campaign was determined by averaging different amounts of payments chosen under virtual scenarios in the survey. The willingness to pay data was used to find a first bid price for the open-ended method used for the second survey. After that, a primary questionnaire was designed and conducted using a single dichotomous choice question (SDBCQ). Drivers at expressway resting areas were asked their willingness to pay for the campaign. Based on statistical analysis using data collected from the second survey, the mean willingness to pay was estimated using a probability utility function. Finally, the benefit from the campaign was calculated using the estimated willingness to pay and accident data on expressways. CONCLUSIONS : Based on the result from the contingent valuation method, the benefit from the campaign to prevent drowsy driving crashes was estimated to be 170.6 won per expressway trip. The benefit is to be paid as an additional toll. In addition, the traffic crash cost estimate is about 2,209,680,000 won less than the cost during the same period in 2014.

A Study on Senior Citizen Free Transport Policy Improvement of Urban Railway Transportation (도시철도의 노인무임수송정책 개선에 관한 고찰)

  • Jung, Hun Young;Kim, Joo Young
    • Journal of Korean Society of Transportation
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    • v.32 no.3
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    • pp.256-265
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    • 2014
  • A sudden increase of old people's free urban railway transportation resulted from the acceleration of aging trend causes the chronic deficit. As continuous deficit caused by the free urban railway transportation of old people is expected, a fairness problem about the fare system of using public transportation is issued because only the urban railway provides free-rides to them, which is contrast to bus-riders paying full payments. Therefore, the study intends to draw an alternate to solve the problem of the free urban transportation uses by calculating an appropriate fare ratio between the two transportation modes, which is expected to alleviate the fairness issue between the urban railway and the bus.

PERFORMANCE OF SMALL SCALE LIVESTOCK/CROP DEMONSTRATION-CUM-TRAINING FARMS IN SRI LANKA

  • de Jong, R.;Kuruppu, L.G.;Jayawardena, Q.W.;Ibrahim, M.N.M.
    • Asian-Australasian Journal of Animal Sciences
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    • v.7 no.4
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    • pp.571-582
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    • 1994
  • Three livestock/crop demonstration-cum-training farms have been established on plots of half, one and two acres, typical of the "Kandyan Forest Garden System" Vegetables, bananas, pepper, coffee, coconut and fruit trees are widely spaced, for intercropping with grass, and have been surrounded with live fences that also provide fodder for livestock to increase the family income. Each unit is operated by a selected employee and his family under a monthly incentive scheme based upon the gross margin. On these farms the technical parameters in dairying are better than elsewhere in the Mid-Country. Economic performance over 1985-1992 showed that dairying contributed most to the total gross margin of the half, one and two acre units, i.e. 31, 63 and 69%, respectively. Next came crops (29%, 37% and 19%), poultry (22%, 0% and 9%), and goats (18%, 0% and 3%). In the three farms the cash income per Sri Lankan Rupee spent was 1.5, 4.6 and 2.1, respectively. The overall ratio was 3.2 for dairying, 1.1 for poultry, 4.5 for goats and 9.9 for crops. Actual family labour in the three farms was 548, 548 and 639 days, compared to the 270, 330 and 440 days anticipated in the initial feasibility study. The average incentive payments, which were 20% (half acre), 61% (one acre) and 133% (two acres) of the parastatal salary of the employee, were only insufficient for the extra labour applied in the half acre unit. Dairying and goats proved to be attractive cash earners with a domestic fuel were important benefits. Poultry did little to improve farm income.

EPCglobal Network-Based Internet Escrow Service for Secure e-Commerce (EPCglobal 네트워크 기반 인터넷 에스크로 서비스)

  • Kim, Dong-Min;Huh, Jung-Hyun;Lee, Yong-Han;Rhee, Jong-Tae
    • The Journal of Society for e-Business Studies
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    • v.11 no.4
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    • pp.87-106
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    • 2006
  • Today as the scale of e-commerce constantly expands, the number and the amount of the consumer frauds are also increasing very rapidly, without sufficient levels of systematic support to prevent them. Internet Escrow service is one of the promising payment mechanisms, which guarantees secure electronic trades and payments. Especially, if the real-time product delivery information is available via RFID-based track-and-trace environment, the security and efficiency of the Internet Escrow services would be improved a lot. In this research, proposed a novel approach to integrate EPCglobal Network, which is a de-facto standard for RFID-based information network model, with Internet Escrow services. The proposed service model was implemented in the form of "Integrated Financial Platform", which supports the contracts among trading partners and the payment via Escrow services by being fully integrated with bank systems. Using the implemented EPCglobal Network-based Escrow service system, we would be able not only to shorten the money-flow cycle and to develop new kinds of loan services, but also to overcome the problems of existing Escrow services including the lack of product-related information and the delay of purchasing decisions.

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