• Title/Summary/Keyword: Security Measure

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Commodity Prices, Tax Purpose Recognition and Bitcoin Volatility: Using ARCH/GARCH Modeling

  • JALAL, Raja Nabeel-Ud-Din;SARGIACOMO, Massimo;SAHAR, Najam Us
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.251-257
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    • 2020
  • The study investigates the role of commodity prices and tax purpose recognition on bitcoin prices. Since the introduction of bitcoin in 2008, emphasis has focused on economists, policy-makers and analysts drastically increasing bitcoin's accessibility and commodity values (Dumitrescu & Firică, 2014). This study employs GARCH and EGARCH from ARCH/GARCH family on daily nature data. We measure the volatile behavior of bitcoin by employing auto-regressive conditional heteroscedasticity model with the aim to explore the relationship between major commodities and bitcoin volatility. We focus on major commodities like gold, silver, platinum, and crude oil to be regressed with bitcoin. The daily prices of commodities were retrieved from www.investing.com and bitcoin prices from www.coindesk.com for the period from 29April 2013 to 16 October 2018. Results confirmed the currency's long-term volatile behavior, which is due to its composition and market dynamics, whereas the existence of asymmetric information effect is not confirmed. Tax recognition by other countries may in future help in controlling the volatility as bitcoin is not a country-specific security. But, only silver impacts on volatility in comparison to oil prices and platinum, which is due to its similar features with gold. Eventually, bitcoin can be used for risk diversification and money making.

A Study on the on-line Dispute Resolution for the E-Trade (전자무역의 분쟁해결방안에 관한 연구)

  • 이상옥
    • Journal of Arbitration Studies
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    • v.13 no.2
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    • pp.425-457
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    • 2004
  • This study is to approach e-Trade issues and how to settle the dispute for e-Trade according to on-line Alternative Dispute Resolution (ADR) process. Most on-line systems operate on a limited access basis. The increasing use of the internet to do business brings to light at least important concerns to persons who engage in commerce on-line, or e-Trade. There is some concern about the limits of current internet technology to guarantee the security of e-Trade. The new technology has transformed society and is defining new years of doing business. This revolution in technology has even changed the nature of many of the goods and services that are the subjects of e-Trade. There is also concern about the limits of the legal framework to guarantee the enforcement of e-Trade. A significant issue is how the law should be adapted to reflect business practices regarding such cyberspace agreements as Web site click-on agreements, e-data interchange, and on-line sales. The principal benefits of on-line ADR should typically be faster and less expensive than traditional conciliation arbitration. The on-line ADR system has the several significances, decreasing inappropriate cost as time and burden of ADR, providing an approachable measure of relief and more efficient tool for the settle of dispute. Therefore, on-line ADR could be used as an adjunct resolution process in large class actions where each single claim is small, but varies somewhat, thus requiring some individual fact determination.

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A Study on the Efficient RFID Tag Identification considering Performance Information of Individual Nodes in a Grid Environment (그리드 환경에서 노드별 성능정보를 고려한 효율적인 RFID 태그 판별에 관한 연구)

  • Shin, Myeong-Sook;Lee, Joon
    • The Journal of the Korea institute of electronic communication sciences
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    • v.6 no.5
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    • pp.797-802
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    • 2011
  • RFID is recognized to technically occupy important position in ubiquitous computing environment and expected to create new markets in a variety of fields from now on. In order to generalize RFID system, it is required to solve the problem of privacy invasion and expedite lots of tags We suggest efficient RFID Tag Identification to identify tags quickly on the satisfaction with 3 security requirements of privacy protection in this paper. This methods are transferred to Grid environment through parallel analysis of Hash-Chain, and we measure performance of each nodes under the Grid environment. Then, We'll suggest SP-Division Algorithm to identify tags with each nodes and implement it in a Grid environment.

Public Perception of establishing Marine Protected Areas in Guimaras Province, Philippines using Contingent Valuation Method

  • Kim, Tae-Goun
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2014.10a
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    • pp.91-93
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    • 2014
  • Philippine fisheries code of 1998 (Republic Act 8550), which is enacted to achieve food security by managing, conserving and protecting fishery resources, obliges local governments to designate no less than 15% of jurisdictional municipal water as fisheries resource protection zone. Accordingly, Marine Protected Areas (MPAs) are the most extensively established as fisheries management and conservation tool and over 1,500 MPAs are reported in the Philippines. But there has been debate on the pros and cons of implementing MPAs because of the positive and negative impacts on local communities and fishermen. A dichotomous-choice contingent-valuation survey was conducted in the two municipalities of Guimaras, Philippines to investigate public opinion in debates over MPAs and to estimate willingness to pay (WTP) for MPAs to protect and conserve marine habitats for fishery resources. For the benefits and costs of MPAs, 43.6% of respondents thought the costs would be larger than the benefit, but 91% respondents voted in favor of increasing MPAs for fisheries resources as a protective measure. Finally, the estimated Turnbull lower-bound mean WTP (36.75ha) was php 493.6(US$ 11.3) per household to establish the additional MPA (36.75ha) in their municipality waters.

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Practical Datasets for Similarity Measures and Their Threshold Values (유사도 측정 데이터 셋과 쓰레숄드)

  • Yang, Byoungju;Shim, Junho
    • The Journal of Society for e-Business Studies
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    • v.18 no.1
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    • pp.97-105
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    • 2013
  • In the e-business domain where data objects are quantitatively large, measuring similarity to find the same or similar objects is important. It basically requires comparing and computing the features of objects in pairs, and therefore takes longer time as the amount of data becomes bigger. Recent studies have shown various algorithms to efficiently perform it. Most of them show their performance superiority by empirical tests over some sets of data. In this paper, we introduce those data sets, present their characteristics and the meaningful threshold values that each of data sets contain in nature. The analysis on practical data sets with respect to their threshold values may serve as a referential baseline to the future experiments of newly developed algorithms.

A Study on Analysis and DMAIC Preventive Operations for Cargo Handling Accidents In Inchon Port (6시그마 기법을 적용한 인천항 항만하역 재해예방 대책에 관한 연구)

  • Nam Young Woo;Lee Chang Ho
    • Journal of the Korea Safety Management & Science
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    • v.7 no.2
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    • pp.13-27
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    • 2005
  • Many countries of the world is driving forward development of large-scale hub port. They are now pushing ahead with setting up of effective marketing strategies to survive in keen competitions of the 21st century port industry. The port is of ever increasing importance for the bridge connecting sea and road transportation in handling international cargoes. The port, differently from general working places, is a closed area required for security, customs, and quarantine procedures. The loading and unloading is being done differently by ports, cargoes, and ships. To do loading and unloading, a lot of equipment and different types of labor are required, which flow is complicated and safe management is essential. As above mentioned the port is very unique and very deteriorated working place in its working environment. The purpose of this study is to propose ways to reduce and prevent from port accidents. As first step to do this, we have collected 923 accidents happened at Incheon Port during the period of 1994 to 2003. We have thoroughly analyzed characteristics, harmfulness, and risk of the loading/unloading they have done, as well as the accident frequency and relationship between the accidents. As second step to further analyze, We have employed DMAIC technology, an advanced process of 6 sigma presently in spotlight as the best program for management innovation. This analysis results in recognition of important accident characteristics, causes and effects analysis, critical causes of accident, and suggestions to decrease accidents.

Correlates of Physical Activity among Korean Navy Personnel: An Ecological Approach (함정 근무 장병의 신체활동 관련 요인: 생태학적 접근)

  • Roh, Mi-Young;Lee, Hyeonkyeong;Lee, Chung-Yul;Kim, Gwang-Suk
    • Research in Community and Public Health Nursing
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    • v.23 no.3
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    • pp.296-306
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    • 2012
  • Purpose: This study was conducted to measure the relationships between ecological factors and Navy personnel's physical activity (PA) based on McLeroy's Ecological model. Methods: A cross-sectional survey was conducted with a convenience sample of 184 Navy personnel working in 10 Navyships. A self-reporting questionnaire consisted of measures of intrapersonal, interpersonal, organizational and community factors related to Navy personnel` s PA. Data were analyzed by descriptive statistics, $x^2$-test, t-test, analysis of variance, and hierarchical multiple regression using SPSS/WIN 17.0 programs. Results: Their mean PA level was $2,848.1{\pm}3,344.5$ MET-min/week, and mostly moderate level (50.5%). Hierarchical multiple regression analysis showed that religion, working department, working type, perceived health status and community environment were significant PA correlates. Conclusion: Community environmental factors as well as intrapersonal factors were significantly associated with Navy personnel's PA, indicating that community health nurses should expand an approach for individual-level behavioral change to incorporate Navy personnel specific community environmental barriers into PA interventions.

Facilitating the Usage of Value Management Processes by Charactering Capital Facility Projects

  • Cha Hee Sung
    • Korean Journal of Construction Engineering and Management
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    • v.5 no.2 s.18
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    • pp.144-152
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    • 2004
  • Defining value as a measure of how well the project value objectives are met, Value Management Process (VMP) is considered to be any management effort or process that can proactively pursue one or more project objectives (i.e., security/safety, cost effectiveness, schedule optimization, and risk containment). The collection of 44 VMPs has been established based on a rigorous effort conducted by Construction Industry Institute (CII). Because varying circumstances on each project determine the level of suitability, it is crucial to identify which VMP should be implemented on a particular project. The current VMP selection process is primarily based on human intuition. The main objective of this paper is to provide a systematic method to facilitate the usage of VMPs on a particular project. This paper identified and quantified the selection principles (i.e., targeted value objectives, timing of initiation, project characteristics, and relative impact). The data collected from industry practitioners and VMP experts characterized each VMP in terms of the magnitude of benefit. An automated selection tool by Visual Basic Application (VBA) on MS Excel TM, was developed and proved its validity. As a pioneering study, this paper provides a comprehensive and structured knowledge on the subject of VMPs. From the industry's perspective, the automated selection tool, the premier of this study, contributes the facilitation of the VMP implementations in the construction industry thereby maximizing the potential benefits to a particular project.

E-SERVQUAL and Its Impact on the Performance of Islamic Banks in Malaysia from the Customer's Perspective

  • Baber, Hasnan
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.1
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    • pp.169-175
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    • 2019
  • Service quality has been a point of discussion from the decades as it is important for customer satisfaction, loyalty and retention. Various models have been proposed to measure the quality in the service sector. Models are modified in accordance with context and geography to assess the quality of service better. This study aims to investigate the impact of the modified e-SERVQUAL model on the customer perception about the existing relation and potential scope of doing business with a bank which in-turn will decide the performance of the bank. Statistical data was analyzed through various tests like reliability analysis, correlation and regression analysis using SPSS 25.0. The primary data of e-SQ and performance was gathered from 721 internet banking users using 32 item questionnaire, representing 72% response rates, of four selected Islamic banks of Malaysia. E-SERQUAL was modified by adding Shariah Compliance information about banks and products for Islamic banking customers. The finding specified that efficient & reliable services, fulfillment, security/trust, and Shariah compliance information have a significant association with the performance of Islamic banks. The research is original and its implications will be helpful for Islamic banks across the world to enhance the online experience of customers, which will help them to retain the customers in the rapid changing virtual environment.

A Study on Optimum of IPTV Video Quality by Routing Protocols in Next Generation IP Network (차세대 IP Network에서 Routing protocol에 따른 IPTV영상 최적화에 대한 연구)

  • Kim, Kwang-Hyun;Park, Seung-Seob
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.12 no.8
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    • pp.1408-1414
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    • 2008
  • Development of internet and IP network technology creates various fusion services such as IPTV, VoIP and so on. Next generation IPv6 which will solve lack of IP is very important on IPTV which needs best quality of service about security, QoS and bandwidth. In this paper, we suggest a routing protocol standard in which we can service best quality of image using PSNR which is most commonly used as a measure of quality of reconstruction in image on IPv6 network.