• Title/Summary/Keyword: Transaction Management

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A Semantics-based protocol for Business Process Transactions (비즈니스 프로세스 트랜잭션을 위한 시맨틱스 기반의 프로토콜)

  • Kang, Dong-Woo;Lee, Sun-Jae;Lee, Jae-Yeol;Kim, Kwang-Soo
    • The Journal of Society for e-Business Studies
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    • v.11 no.2
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    • pp.93-110
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    • 2006
  • A Business Process Management System(BPMS) requires transaction management to guarantee reliability for transactions. Though several transaction protocols have been suggested for the transaction management, the difference of transaction protocols interrupts interoperability among transaction management systems. In this paper, a business process transaction based on semantics is suggested. It is defined based on the static semantics and the operational semantics. As the static semantics defines the ontologies for transaction states and transaction messages using Web Ontology Language(OWL), it solves the difference of expression for the concepts of transaction protocols. As the operational semantics defines state transitions of business process transactions using Abstract State Machine(ASM), it can guarantee formalism for transaction operations. The operational semantics refers to the state ontology and message ontology defined in the static semantics. This approach can enhance interoperability among various transaction protocols, increase the understandability for the transaction protocols, and support autonomous transaction execution and systematic transaction monitoring.

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A Study on Electronic Transaction Records Management and Trusted Repositories (전자거래기록의 신뢰성 확보에 관한 연구 - TTPR을 중심으로 -)

  • Lee, So-Yeon;Seol, Moon-Won;Kim, You-Seung
    • Journal of Korean Society of Archives and Records Management
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    • v.12 no.2
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    • pp.181-205
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    • 2012
  • The study aims at providing an electronic transaction records management system based on the third party repository which do not have any interest in electronic transactions. This study reviews various articles and standards. It also discusses theoretical issues about electronic transactions and electronic transaction records. Complex characteristics of electronic transaction records are explored and management procedures are analyzed and divided into 5 stages by the life cycle and management bodies. Based on these discussions the study affirms that trustworthy third parties' interventions are essential to prevent and control potential conflicts of electronic transactions. It proposes a trustworthy electronic transaction record management system with the third party repository. Futhermore, it discusses evidence and management environment of electronic transaction records and provides cases of TTPR based on contract transaction and exchange transaction.

A Study on Management of Business Transaction in Regional Local Government (광역지방자치단체 단위과제 운영에 관한 연구)

  • Chung, Sang-Hee
    • The Korean Journal of Archival Studies
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    • no.49
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    • pp.327-359
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    • 2016
  • The purpose of this study is to examine and analysis the problems in managing 'Business Transaction(Danwi-gwaje)' of regional local government, and propose implications. The study points out the problems emerged in the operation process of Business Transaction including creating of Business Transaction and Business Transaction Profile, setting retention period and filing records, and gives concrete example of them. It concludes with presenting improvements and considerations in managing Business Transaction for systematic and efficient records management.

Transaction Visibility: Re-Interpretation of Successful SIS Cases, and Implications for E-Commerce (거래가시성: 성공적인 SIS의 재해석을 통한 새로운 e-Commerce 프레임워크)

  • Yang, Hee-Dong;Choi, In-Young
    • Asia pacific journal of information systems
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    • v.13 no.1
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    • pp.73-101
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    • 2003
  • Firms can create additional customer values by changing the visibility characteristic of business transactions. Both visible and invisible transactions can provide distinctive values to the customers. Visible transactions are those that are open to the customer: the customer can see the detailed logic of the transaction and may manipulate specific variables to control the transaction process. Invisible transactions mean that customers have little ability to control the transaction flow and may even be insulated from seeing the transaction. These invisible transactions will be taken care of only by suppliers, and be regarded as a process performed by suppliers. This paper pursues finding out the contingencies of successful transaction visibility change by answering to the following question; "when does increasing(or decreasing) transaction visibility make sense to customers?" This archival case study finds out that transaction visibility change should fit to the need and capabilities of customers. Increasing transaction visibility makes sense when customers need a certain supplier's performance and have a confidence in the capabilities of executing the performance. By the same token, decreasing transaction visibility makes sense when customers have substantial troubles in conducting their current transaction actions or when customers don't feel it necessary to conduct them separately because they can be derived from other action.

Concurrency Control Method to Provide Transactional Processing for Cloud Data Management System

  • Choi, Dojin;Song, Seokil
    • International Journal of Contents
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    • v.12 no.1
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    • pp.60-64
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    • 2016
  • As new applications of cloud data management system (CDMS) such as online games, cooperation edit, social network, and so on, are increasing, transaction processing capabilities for CDMS are required. Several transaction processing methods for cloud data management system (CDMS) have been proposed. However, existing transaction processing methods have some problems. Some of them provide limited transaction processing capabilities. Some of them are hard to be integrated with existing CDMSs. In this paper, we proposed a new concurrency control method to support transaction processing capability for CDMS to solve these problems. The proposed method was designed and implemented based on Spark, an in-memory distributed processing framework. It uses RDD (Resilient Distributed Dataset) model to provide fault tolerant to data in the main memory. In our proposed method, database stored in CDMS is loaded to main memory managed by Spark. The loaded data set is then transformed to RDD. In addition, we proposed a multi-version concurrency control method through immutable characteristics of RDD. Finally, we performed experiments to show the feasibility of the proposed method.

Transaction Models within a Supply Chain and Optimal Wholesale Pricing of Two Competing Suppliers (경쟁이 있는 공급사슬의 거래모형과 최적납품가격)

  • Park, Hae-Churl;Ahn, Bong-Hyun
    • Journal of the Korean Operations Research and Management Science Society
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    • v.37 no.3
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    • pp.117-134
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    • 2012
  • We analyze a systematic relationship between transaction mechanisms and wholesale pricing schemes within a supply-chain with two competing suppliers and a monopolistic retailor. When one of the suppliers changes its transaction mechanism from an independent scheme to a cooperative one, then the wholesale prices of the suppliers become cheaper than before. When one supplier changes its transaction scheme to a cooperative one while the other supplier sticks to the existing independent transaction scheme, we show that the supplier with a cooperative transaction scheme can realize the increased profit via a profit sharing contract with the retailer but the supplier with independent transaction scheme can face the decreased profit. We also show that both suppliers can achieve the higher profits by adopting the cooperative schemes with the retailer.

A Study for Transaction Processing Supporting Scalability in the Cloud (클라우드 환경에서 확장성을 지원하는 트랜잭션 처리 방법)

  • Kim, Chi-Yeon
    • The Journal of the Korea institute of electronic communication sciences
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    • v.7 no.4
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    • pp.873-879
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    • 2012
  • Recently the cloud computing paradigm has been widely accepting in various applications. Data management system of cloud computing requires ability to manage tremendous data and supporting scalability. The former can be achieved by weaken consistency and limitation of transactions, and the latter needs expand or shrink of components. In this paper, we propose a transaction processing model and a scalable module management algorithm when transaction is executed in the cloud. Transaction processing model consists of a transaction management module and a data management module. Scalable module management algorithm has no redistribution of components and may alleviates loads of existed modules. With simulation results, we can see the improvement of response time and decrease abort ratio of transactions.

A Study on the Risk Management in International Transaction of Digital Goods (디지털물(物) 국제법래(國際去來)의 리스크관리방안(管理方案)에 관한 연구(硏究))

  • Ahn, Byung-Soo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.29
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    • pp.143-172
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    • 2006
  • This study focuses on the risk management of "Digital Goods" appeared with the progress of information technology(IT) in international transaction. As a result of that digital goods have a lot of uncertainty between the general goods or service which have been deal with object of international transaction broadly because digital goods hold uniqueness. In this study, the author give a definition of "Digital Goods" and make an examination of uniqueness of that in international transaction. Next, six risks are defined base on risk theory and risk analysis matrix applying risk mapping model is made. Conclusionally, risk transfer as insurance is adequate to manage business risk, security risk, credit risk and legal risk. Meanwhile, risk avoidance is adequate to manage reputation risk and market risk. But, this study have following three limits. Firstly, concerning definition of the risk, real case is not applied owing to lack of transaction data. Secondly, measuring of the risk is not based on absolute data but relative data. Lastly, suggesting way of risk management is not concrete and practical to international trader of digital goods.

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A Study on Web Based Inventory and Customer Management System Development (웹 기반 재고관리 및 고객관리 시스템 개발)

  • 조용욱;박명규
    • Journal of the Korea Safety Management & Science
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    • v.3 no.3
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    • pp.131-141
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    • 2001
  • Since 1990's, the Information Technology(IT) of combination between PC and Internet has progressed rapidly. As a fast development of Information Communication Technology and spreading of network, the previous economic state, the method of dealing, transaction object and a scope of transaction is changing. Like this, as raising of IT, the existing off-line commercial transaction is moving to electronic commercial one which based on the web. These days, a electronic distribution system of enterprise and the electronic commercial transaction between small company and customer is being operated, but there is no full developed proper system between small retailor and mid distribution center. So on this paper, the system which manage a simple marketing as well as Inventory Management & customer management will be presented.

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Determinants of Opportunism between Franchisor and Franchisee: Focusing on the Moderating Effect of Startup Experience

  • LEE, Jibaek;LEE, Hee Tae;BAE, Jungho
    • The Korean Journal of Franchise Management
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    • v.12 no.1
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    • pp.35-44
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    • 2021
  • Purpose: This study examines the opportunism moderating effect by the startup experience in the relationship between franchisor and franchisees. In the case of a franchise system that has a continuous relational exchange transaction, relationship management is a very important activity because the relationship management between franchisor and franchisees improves the quality of the relationship. Nevertheless, there is insufficient of research on opportunism, which is a negative factor in managing the relationship between franchisor and franchisees in continuous relationship. Research design, data and methodology: This study, we explore the cause of opportunism based on transaction cost theory through prior research and establish a research model based by goal incongruity, uncertainty, information asymmetry, transaction specific assets, the relevance to determinant of opportunism and the startup experienced which is a moderating variable. To verify several hypotheses, the data were collected from 300 out of 1,760 domestic franchisees and analyzed using multiple regression analysis with SPSS program. Results: The findings are as follows. Goal incongruity did not affect opportunism. Opportunism increased as uncertainty increased, and as information asymmetry increased, opportunism increased. An opportunism decreased as transaction specific assets increased. Moreover, the findings show that startup experience only plays a moderating role in the relationship between information asymmetry and opportunism. Therefore, 4 out of 8 hypotheses were supported. Conclusions: The findings show that uncertainty, information asymmetry, and transaction specific assets are the determinants of opportunism. In addition, the results of the analysis of the moderating role of startup experience show that the less entrepreneurial experience, the greater the influence of information asymmetry on opportunism. Our findings mean that maintaining a successful relationship between franchisors and franchisees is possible when franchisors provide knowledge sharing, goal sharing, environmental sharing, and management information sharing to franchisees. In addition, the findings of this study shows that the contract content and management should be changed according to the entrepreneurial experience. In other words, the franchisors must share and integrate the accumulated franchisees' and franchisors' experience with the franchisees to create a synergy that can lead to successful bilateral relationship maintenance, which in turn reduces opportunism.