• Electronics and Telecommunications Trends
• /
• v.33 no.6
• /
• pp.139-153
• /
• 2018

The explosive interest in block chain, which was triggered by Bitcoin in 2009, is leading to substantial investment and the development of block chain technology. There is no dispute among experts that block chain will be the next generation of innovation. However, despite the high expectations for block chains, the related technology still has certain limitations. In addition to improving issues such as a low transaction throughput, inefficient agreement algorithms, and an inflexible governance structure, it is necessary to solve various problems for commercialization and full-scale spreading owing to the trilemma problem among the scalability, security, and decentralization. Under this situation, identification of the technology characteristics according to the generation is helpful for the development of the core technology requirements and commercialization blueprint in establishing an R&D direction. Therefore, in this article, the development of blockchain technology is divided into generations and analyzed in terms of the operational structure, consensus algorithm, governance, scalability, and security.

• Journal of Contemporary Eastern Asia
• /
• v.18 no.1
• /
• pp.153-174
• /
• 2019

South Korea's energy policy has been historically established through an energy production structure that relies on thermal and nuclear power generation in relation to a centralized 'Hard Energy System'. However, climate change issues are forcing the transition to renewable energy, and it is crucial for local governments to enable this. This study analyses Seoul city's local energy governance, which is known as One Less Nuclear Power Plant Initiative, by applying the collaborative governance framework inspired by Ansell and Gash (2008) and the Reflexivity framework of Confucianism. It is considered that the local energy governance model of Seoul city can be used as a model by other local governments, and it will eventually lead to a decentralized energy system in this era of energy transition.

• Journal of the Korean Society of Industry Convergence
• /
• v.25 no.1
• /
• pp.71-78
• /
• 2022

With the advent of cutting-edge technology, renewable energy is significantly considered as alternative resources to supply electric power. However, many barriers such as energy intermittency, high initial installation cost, and low-efficiency generation challenged building new infrastructure with clean energy. Efforts reducing greenhouse gas emissions and reliance on fossil fuels resulted in the decentralization of power generation like distributed energy resource (DER). This paper is to introduce and evaluate the feasibility of building-integrated photovoltaics (BIPV) in a high-rise building in Ulsan. To optimize BIPV, a variety of methods to minimize efficiency decrease and maximize electric power generation after installing BIPV on the building's facade are suggested. The variables causing power losses are analyzed. By utilizing System Advisor Model (SAM), actual power generated from solar panels is measured by Thin-film PV, Mono-crystalline PV, and Poly-crystalline PV.

• Electronics and Telecommunications Trends
• /
• v.37 no.1
• /
• pp.63-72
• /
• 2022

Recently, blockchain has been attracting attention as a high-reliability technology in various fields. However, the Proof-of-Work-based distributed consensus algorithm applied to representative blockchains, such as Bitcoin and Ethereum, has limitations in applications to various industries owing to its excessive resource consumption and performance limitations. To overcome these limitations, various distributed consensus algorithms have appeared, and recently, hybrid distributed consensus algorithms that use two or more consensus algorithms to achieve decentralization and scalability have emerged. This paper introduces the technological trends of the latest high-performance distributed consensus algorithms by analyzing representative hybrid distributed consensus algorithms.

• Electronics and Telecommunications Trends
• /
• v.37 no.3
• /
• pp.85-96
• /
• 2022

Recently, the blockchain technology, which can decentralize business ecosystems using secure transactions without trusted intermediaries, has been spotlighted. Full nodes play an important role in maintaining decentralization in that they independently verify transactions using their full historical transaction data. However, the storage requirement of a full node for storing historical data is continuously increasing, and thus, has become harder for users to run a full node due to the heavy price for storage costs. In this paper, we investigate research trends on reducing the costs of storing blockchain transaction data so that nodes with low storage requirements can be used in the blockchain network.

• Journal of Information Processing Systems
• /
• v.18 no.6
• /
• pp.741-754
• /
• 2022

Openstack is widely used as a representative open-source infrastructure of the service (IaaS) platform. The Openstack Identity Service is a centralized approach component based on the token including the Memcached for cache, which is the in-memory key-value store. Token validation requests are concentrated on the centralized server as the number of differently encrypted tokens increases. This paper proposes the practical Byzantine fault tolerance (PBFT) blockchain-based Openstack Identity Service, which can improve the performance efficiency and reduce security vulnerabilities through a PBFT blockchain framework-based decentralized approach. The experiment conducted by using the Apache JMeter demonstrated that latency was improved by more than 33.99% and 72.57% in the PBFT blockchain-based Openstack Identity Service, compared to the Openstack Identity Service, for 500 and 1,000 differently encrypted tokens, respectively.

• Proceedings of the Korean Society of Computer Information Conference
• /
• 2023.07a
• /
• pp.447-450
• /
• 2023

Blockchain technology has paved the way for the rise of non-fungible tokens(NFTs) in recent years. NFTs enable the unique ownership of digital assets and harness the power of blockchain's transparency and decentralization. However, existing NFT platforms often pose barriers to entry for the public due to their technical complexity and high issuance costs. To address the problem, this paper proposes a user-friendly NFT platform with a simplified issuance process. A home page is created to allow easy NFT issuance for anyone. These advancements are expected to foster the growth of the NFT market and facilitate the development of new business models.

• Asia-Pacific Journal of Business
• /
• v.14 no.3
• /
• pp.251-269
• /
• 2023

Purpose - This study estimated the value of tourists' willingness to pay (WTP) to develop and promote regional tourism and minimize external effects using the contingent valuation method (CVM). Design/methodology/approach - To reduce exaggeration bias, a major issue of CVM, a pilot survey was conducted to categorize bid value. Additionally, the payment method was divided into a tourism fund and tourism taxes, and the respondents' answers were reaffirmed in two stages. Findings - As a result of the analysis, the tourists' WTP was estimated to be 5,132 KRW (3.60 USD) for the tourism fund and 1,036 KRW (0.73 USD) for tourism taxes. Research implications or Originality - The results of this study provide implications for securing financial resources and establishing policies in Gangwon province, which promotes special self-governing.

• International Journal of Advanced Culture Technology
• /
• v.12 no.2
• /
• pp.386-401
• /
• 2024

The study introduces and validates a model of post-traumatic growth among parents of children with special needs. The model incorporates cognitive processes, coping strategies, and sociocultural factors as intra-personal variables. The statistical analysis unveiled significant pathways that connect the factors, explaining 71% of the variance associated with post-traumatic growth. The study highlighted intentional reflection and robust decentralization skills as crucial factors that predict post-traumatic growth. Deliberate rumination functioned as a mediating factor, reducing the impact of trauma and facilitating post-traumatic growth, while social support played a crucial role in initiating purposeful rumination. The study findings indicate that the effect of self-disclosure on post-traumatic growth is not direct but rather indirect, as it is mediated by its influence on social support and deliberate rumination. The study underscores the significance of examining particular characteristics of social support networks and suggests integrating additional variables for future research, such as gender, types of traumatic events, and the age of children with disabilities.

• International Journal of Computer Science & Network Security
• /
• v.23 no.12
• /
• pp.194-198
• /
• 2023

The current electricity networks will undergo profound changes in the years to come to be able to meet the growing demand for electricity, while minimizing the costs of consumers and producers, etc. The electricity network of tomorrow or even the intelligent « Smart Grids » network will be the convergence of two networks: the electricity network and the telecommunications network. In this context falls our work which aims to study the impact of the integration of energy decentralization into the electricity network. In this sense, we have implemented a new smart grid model where several coexisting suppliers can exchange information with consumers in real time. In addition, a new approach to energy distribution optimization has been developed. The simulation results prove the effectiveness of this approach in improving energy exchange and minimizing consumer purchase costs and line losses.