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Political Economic Analysis of the Central Bank Digital Currency (중앙은행 디지털 화폐에 대한 정치경제학적 분석)

  • YoungBin Hahn
    • Analyses & Alternatives
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    • v.7 no.2
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    • pp.147-178
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    • 2023
  • While most of countries today are opposing the issuance of private-led cryptocurrency, nevertheless they are actively jumping into the issuance of government-led digital currency such as CBDC. This article aims to find an answer to this dual attitude of countries. To achieve the purpose, this article finds out the characteristics of political power and economic interest that digital currency has and applies it to the international dimension of the Bretton Woods II System. Then come up to the conclusion that the answer can be found in the fact that the current dual attitude of countries is closely related to the crisis of the international monetary order. The Bretton Woods II System, which led the world economy through reckless monetary expansion based on credit currency, exposed its limitations through the 2008 global financial crisis and put countries into difficulties. In this situation, the cryptocurrency, which appeared by raising the issue of the monopoly power of the central authority in issuing currency, had no choice but to act as an opportunity to drive countries further and further into a corner. This article views CBDC as a national response to address these issues. In other words, countries maintain their monetary power by absorbing the challenge of private digital currency at the government level through CBDC, and use this as a stepping stone to reorganize the international monetary order in crisis with the intention to use it as a means to their advantage. That is what this article is trying to argue.

MAGIC: GALILEO and SBAS Services in a Nutshell

  • Zarraoa, N.;Tajdine, A.;Caro, J.;Alcantarilla, I.;Porras, D.
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • v.1
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    • pp.27-31
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    • 2006
  • GNSS Services and Applications are today in permanent evolution in all the market sectors. This evolution comprises: ${\bullet}$ New constellations and systems, being GALILEO probably the most relevant example, but not the only one, as other regions of the world also dwell into developing their own elements (e.g. the Chinese Beidou system). ${\bullet}$ Modernisation of existing systems, as is the case of GPS and GLONASS ${\bullet}$ New Augmentation services, WAAS, EGNOS, MSAS, GRAS, GAGAN, and many initiatives from other regions of the world ${\bullet}$ Safety of Life services based on the provision of integrity and reliability of the navigation solutions through SBAS and GBAS systems, for aeronautical or maritime applications ${\bullet}$ New Professional applications, based on the unprecedented accuracies and integrity of the positioning and timing solutions of the new navigation systems with examples in science (geodesy, geophysics), Civil engineering (surveying, construction works), Transportation (fleet management, road tolling) and many others. ${\bullet}$ New Mass-market applications based on cheap and simple GNSS receivers providing accurate (meterlevel) solutions for daily personal navigation and information needs. Being on top of this evolving market requires an active participation on the key elements that drive the GNSS development. Early access to the new GNSS signals and services and appropriate testing facilities are critical to be able to reach a good market position in time before the next evolution, and this is usually accessible only to the large system developers as the US, Europe or Japan. Jumping into this league of GNSS developers requires a large investment and a significant development of technology, which may not be at range for all regions of the world. Bearing in mind this situation, MAGIC appears as a concept initiated by a small region within Europe with the purpose of fostering and supporting the development of advanced applications for the new services that can be enabled by the advent of SBAS systems and GALILEO. MAGIC is a low cost platform based on the application of technology developed within the EGNOS project (the SBAS system in Europe), which encompasses the capacity of providing real time EGNOS and, in the near future, GALILEO-like integrity services. MAGIC is designed to be a testing platform for safety of life and liability critical applications, as well as a provider of operational services for the transport or professional sectors in its region of application. This paper will present in detail the MAGIC concept, the status of development of the system within the Madrid region in Spain, the results of the first on-field demonstrations and the immediate plans for deployment and expansion into a complete SBAS+GALILEO regional augmentation system.

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GIS Information Generation for Electric Mobility Aids Based on Object Recognition Model (객체 인식 모델 기반 전동 이동 보조기용 GIS 정보 생성)

  • Je-Seung Woo;Sun-Gi Hong;Dong-Seok Park;Jun-Mo Park
    • Journal of the Institute of Convergence Signal Processing
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    • v.23 no.4
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    • pp.200-208
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    • 2022
  • In this study, an automatic information collection system and geographic information construction algorithm for the transportation disadvantaged using electric mobility aids are implemented using an object recognition model. Recognizes objects that the disabled person encounters while moving, and acquires coordinate information. It provides an improved route selection map compared to the existing geographic information for the disabled. Data collection consists of a total of four layers including the HW layer. It collects image information and location information, transmits them to the server, recognizes, and extracts data necessary for geographic information generation through the process of classification. A driving experiment is conducted in an actual barrier-free zone, and during this process, it is confirmed how efficiently the algorithm for collecting actual data and generating geographic information is generated.The geographic information processing performance was confirmed to be 70.92 EA/s in the first round, 70.69 EA/s in the second round, and 70.98 EA/s in the third round, with an average of 70.86 EA/s in three experiments, and it took about 4 seconds to be reflected in the actual geographic information. From the experimental results, it was confirmed that the walking weak using electric mobility aids can drive safely using new geographic information provided faster than now.

Lane Change Methodology for Autonomous Vehicles Based on Deep Reinforcement Learning (심층강화학습 기반 자율주행차량의 차로변경 방법론)

  • DaYoon Park;SangHoon Bae;Trinh Tuan Hung;Boogi Park;Bokyung Jung
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.22 no.1
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    • pp.276-290
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    • 2023
  • Several efforts in Korea are currently underway with the goal of commercializing autonomous vehicles. Hence, various studies are emerging on autonomous vehicles that drive safely and quickly according to operating guidelines. The current study examines the path search of an autonomous vehicle from a microscopic viewpoint and tries to prove the efficiency required by learning the lane change of an autonomous vehicle through Deep Q-Learning. A SUMO was used to achieve this purpose. The scenario was set to start with a random lane at the starting point and make a right turn through a lane change to the third lane at the destination. As a result of the study, the analysis was divided into simulation-based lane change and simulation-based lane change applied with Deep Q-Learning. The average traffic speed was improved by about 40% in the case of simulation with Deep Q-Learning applied, compared to the case without application, and the average waiting time was reduced by about 2 seconds and the average queue length by about 2.3 vehicles.

Estimation of Road Crash Reduction by Installing Automatic Emergency Braking Systems for Elderly Drivers (자동긴급제동장치의 고령운전자 추돌사고 감소 효과 추정)

  • Sangjin Han;Eunwoo Kim;Hyoseok Jang;Jongwan Joo
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.22 no.1
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    • pp.161-171
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    • 2023
  • It is largely agreed that elderly drivers (over 64 years) are more likely to cause fatal crashes than other age groups. According to national road crash statistics 2021, the number of road fatalities per 10,000 drivers over 64 years old was 1.77, while that of drivers in their 30s was 0.55. This indicates a 2.67 times higher probability of causing crashes among the former than the latter. The current study estimates how rear-end crashes may be reduced by installing Automatic Emergency Braking Systems (AEBS), particularly for elderly drivers. We analyzed data from Samsung Fire & Marine Insurance. The results show that the Odds Ratio of rear-end crash occurrence between vehicles with AEBS and without AEBS is 0.75, implying there were lesser rear-end crashes in the vehicles installed with AEBS. The Odds Ratio of male drivers was determined to be 0.78, which was lesser than the 0.81 Odds Ratio obtained for female drivers. Elderly drivers who had installed AEBS in their vehicles showed an Odds Ratio of 0.76, implying crash reduction. In particular, the Odds Ratio of male elderly drivers was found to be the lowest at 0.49. We believe incentivizing by giving discounted insurance premiums to the elderly who drive vehicles installed with AEBS will help reduce rear-end crashes.

Hair Design Kite that uses the Organic Form of Nature (자연의 유기적 형태를 응용한 헤어디자인 연구)

  • Jin, Yong-Mi;Kim, Yeon-Min
    • Journal of Convergence for Information Technology
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    • v.12 no.3
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    • pp.214-221
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    • 2022
  • The purpose of this study is to produce works with motifs from organic forms of nature and to try to drive various forms. As a research method, literature was investigated through rsearch in domestic academic jounals, and four hair sculptures that can be used easily in practice were produced by combining the organic forms and design concepts of nature. As a result of the study, first, the work was produced by applying the law of harmony and balance with the motif of the crescent moon. Second, the flow of wave waves was expressed by applying the law of repetition with the motif of waves. Third, the haze rising from the waterfall was expressed by applying the law of dissonance. Fourth, l tried to give the image of the sun announcing a new beginning by emphasizing the rising sun. As a result, it can be seen that the organic form of nature gives an embarrassing inspiration to create design. The limitation of this study is that the accuracy of producing works only with mannequins and producing the same image in the actual model should be limited, and as a follow-up study, research that can be used in the actual model should be continuously conducted.

The Nation and Structure of Emotion in 2010s Melodramas -Focusing on (2016) and (2018) (2010년대 멜로드라마에 나타나는 국가와 개인의 감정구조 -<태양의 후예>(2016)와 <미스터션샤인>(2018)을 중심으로)

  • Chung, Hye-Kyung
    • Journal of Popular Narrative
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    • v.25 no.1
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    • pp.123-161
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    • 2019
  • The popularity of melodrama indicates that melodrama is composed in a historical context. This is the reason why it is necessary to analyze the imagination of melodrama within a sociocultural context rather than asking the essentialistic question of "What is melodrama?". (2016) and (2018) caused sensations while holding unchallenged top positions in terms of viewing rate and popularity. These dramas indicate the popular imagination and desire of Korean society in the 2010s during a period of upheaval. This paper analyzed imagination in melodrama with a focus on nation and emotions of individuals in and . In preexisting dramas, conflicts are often limited to individuals and families; on the contrary, in and , a nation appears as a motif that forms conflicts between individuals. In these intense situations of conflict, people make rational judgments at first; however, they soon dispose of such judgments and reveal value-oriented attitudes through emotions, which drive actions. Both dramas form poésie mainly through poetic rhyming and the mise-en-scène of objects. The dramas also amplify emotions. The main emotions of these dramas are sympathy and sadness. Such emotions are not consumed in itself; instead, they show moral aims through performativity. Consequently, sympathy becomes solidarity, and sadness becomes mourning. Unlike preexisting melodramas whose endings were simply pursuits of love and happiness within the realm of individuals, and demonstrate a moral imagination that simultaneously reminds us of the individual and community through solidarity and mourning.

A New Direction of Rural Underemployment and Non-Farm Employment (농촌지역 불완전고용 해소와 농업의 일자리 확대 방향)

  • Lee, M.S.
    • Journal of Practical Agriculture & Fisheries Research
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    • v.20 no.2
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    • pp.13-29
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    • 2018
  • Currently, rural labor markets are undergoing a structural change in which the proportion of non-agricultural industries is increasing, instead of decreasing the proportion of agriculture. The purpose of this study is to propose policy for job creation in rural areas through analyzing the employment situation in Rural Korea in the context of this structural change. Using the Census of Agriculture, Farm Household Economy Survey, we analyzed the increase of low income farmers and self-employed farmers. We analyzed the changes of non-farm employment in rural areas using the Census on Establishment. The main results of the study are as follows. First, farms' pathways are very diverse by the levels of income from their own farming and other gainful activities. It is necessary to implement policies that take into account the development pathways of farm household. Second, most of the farms are in low-income and self-employment status. In order to increase their incomes, it is necessary to increase non-farm income earning policy. The rural non-farm economy is becoming increasingly important in rural Korea. The growth of the non-farm economy will be crucially important when it comes to creating new jobs in rural areas in rural Korea. Third, it is necessary to provide systematic support for rural entrepreneurship as a core policy for expanding jobs beyond agriculture. Rural entrepreneurship has the potential to drive innovations that can reduce poverty and create employment. Fourth, there is a need for measures to increase jobs in the welfare field, which is growing fastest in recent years. In the welfare field, we can find vigorous collective actions in some rural communities such as community business, cooperative movement and various community development activities. Those activities will help increase the employment of aged farmers and low-income farm household.

Managing the Reverse Extrapolation Model of Radar Threats Based Upon an Incremental Machine Learning Technique (점진적 기계학습 기반의 레이더 위협체 역추정 모델 생성 및 갱신)

  • Kim, Chulpyo;Noh, Sanguk
    • The Journal of Korean Institute of Next Generation Computing
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    • v.13 no.4
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    • pp.29-39
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    • 2017
  • Various electronic warfare situations drive the need to develop an integrated electronic warfare simulator that can perform electronic warfare modeling and simulation on radar threats. In this paper, we analyze the components of a simulation system to reversely model the radar threats that emit electromagnetic signals based on the parameters of the electronic information, and propose a method to gradually maintain the reverse extrapolation model of RF threats. In the experiment, we will evaluate the effectiveness of the incremental model update and also assess the integration method of reverse extrapolation models. The individual model of RF threats are constructed by using decision tree, naive Bayesian classifier, artificial neural network, and clustering algorithms through Euclidean distance and cosine similarity measurement, respectively. Experimental results show that the accuracy of reverse extrapolation models improves, while the size of the threat sample increases. In addition, we use voting, weighted voting, and the Dempster-Shafer algorithm to integrate the results of the five different models of RF threats. As a result, the final decision of reverse extrapolation through the Dempster-Shafer algorithm shows the best performance in its accuracy.

A Study on the Decryption Method for Volume Encryption and Backup Applications (볼륨 암호화 및 백업 응용프로그램에 대한 복호화 방안 연구)

  • Gwui-eun Park;Min-jeong Lee;Soo-jin Kang;Gi-yoon Kim;Jong-sung Kim
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.33 no.3
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    • pp.511-525
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    • 2023
  • As awareness of personal data protection increases, various Full Disk Encryption (FDE)-based applications are being developed that real-time encryption or use virtual drive volumes to protect data on user's PC. FDE-based applications encrypt and protect the volume containing user's data. However, as disk encryption technology advances, some users are abusing FDE-based applications to encrypt evidence associated with criminal activities, which makes difficulties in digital forensic investigations. Thus, it is necessary to analyze the encryption process used in FDE-based applications and decrypt the encrypted data. In this paper, we analyze Cryptomator and Norton Ghost, which provide volume encryption and backup functions. We analyze the encrypted data structure and encryption process to classify the main data of each application and identify the encryption algorithm used for data decryption. The encryption algorithms of these applications are recently emergin gor customized encryption algorithms which are analyzed to decrypt data. User password is essential to generate a data encryption key used for decryption, and a password acquisition method is suggested using the function of each application. This supplemented the limitations of password investigation, and identifies user data by decrypting encrypted data based on the acquired password.