• Title/Summary/Keyword: securities

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Design of Validation System for a Crypto-Algorithm Implementation (암호 알고리즘 구현 적합성 평가 시스템 설계)

  • Ha, Kyeoung-Ju;Seo, Chang-Ho;Kim, Dae-Youb
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.39B no.4
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    • pp.242-250
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    • 2014
  • Conventional researches of standard tool validating cryptographic algorithm have been studied for the internet environment, for the mobile internet. It is important to develop the validation tool for establishment of interoperability and convenience of users in the information systems. Therefore, this paper presents the validation tool of Elliptic Curve Cryptography algorithm that can test if following X9.62 technology standard specification. The validation tool can be applied all information securities using DES, SEED, AES, SHA-1/256/384/512, RSA-OAEP V2.0, V2.1, ECDSA, ECKCDSA, ECDH, etc. Moreover, we can enhance the precision of validation through several experiments and perform the validation tool in the online environment.

A Study on the Regenerative Braking Control by means of Extending Brake Power of the Permanent Magnet Synchronous Motor(PMSM) (PMSM의 제동력 확보에 의한 회생제동 제어에 관한 연구)

  • Hwang, Lark-Hoon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.2
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    • pp.760-771
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    • 2012
  • In this paper, a blind spot of motor car, and the put case that is driven the miniature model motor system, when make practical application of the permanent magnet synchronous motors(PMSM) braking and having had the ability that can all absorb regenerative power by means of electric brake which is occurred. a tow system of a miniature model motor traction system is established by 1C1M methods to control individually permanent magnet synchronous motors (PMSM) of each motor. vector control method is applied in order to improve ride quality of motor car and the efficient use of energy. it was obtained excellent experiment results from the simulations as a function of momentum load and miniature model. Also, this study is investigated the regenerative braking power securities of permanent magnet synchronous motors, speed detection to stop electric brake at extremely very low speed and motor control method of algorithm.

A Study on French ADR and the Present Situation of its Application (프랑스의 ADR과 그 활용 현황에 관한 고찰)

  • Won, Yong-Soo
    • Journal of Arbitration Studies
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    • v.17 no.1
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    • pp.97-116
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    • 2007
  • This article has the objective of studying French ADR System which is unique and peculiar in the world. Nowadays commercial conflict is resolved by litigation or ADR. ADR plays an important part in resolving commercial conflict in the US, England, Germany, Japan and France. Untill now, only French ADR System has not been studied at all in Korea. So we can safely say that it is necessary to research into French ADR System in order to improve Korea's ADR System. This study is composed of Introduction, Concept of French ADR System, Actual Circumstances of French ADR System and Conclusion. The Fundamental system of French ADR is the law of February 8, 1995 that is made up of 82 articles. Among these articles, Judical Conciliation and Mediation are the most important. It is universally admitted by most of legal scholars that judicial conciliation and mediation have the character of contract. Because mutual consent is necessary in order for judicial conciliation and mediation to be effective. French system of judicial conciliation and mediation is provided in French Civil Procedure Law. Judicial conciliation plays an important role in Labor Law and Family Law. In the early part of litigation, the attempt of consiliation can be made very frequently in France. Successful conciliation and mediation are induced into negociation between parties. Arbitration has its long history in Europe. In the medieval times, Western European merchant began to use Arbitration System. After the medieval times had passed, Arbitration System took root in France. But Arbitration System has not so developed in France. On the other hand, Arbitration System has developed to a considerable degree in the US in spite of its short history. It is due to the fact that the French dislike to have recourse to litigation as compared with the Americans. However Arbitration can resolve securities conflict through various institutions in France, which is very similar to the concerned US phenomenon.

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A Study on Safe Electronic Commerce Activation Plan (안전한 전자상거래 활성화 방안에 관한 연구)

  • Park, Sun-Ae;Choi, Seong-Wook;Kim, Bong-Hyun
    • Proceedings of the Korea Contents Association Conference
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    • 2006.11a
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    • pp.741-744
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    • 2006
  • The e-commerce introduction at the Internet in base accept the renovation dimension from the organised side because of follow of the business in order to the big change. So when I considering the e-commerce introducing the problem easy to originate from the efficiency and expectation without radical preparation. Each commodities over the dimension of Internet information search it is using the various transaction of service as a matter of bank, securities, education, game that many business on the alternation of e-commerce and commerce tool the essentiality. Therefore the transactions at the Internet e-commerce under hold specific gravity and rule in the future with the propection increase the interest concern about the security skill. A study on this paper presentation through the planning method about the analysis on the objective which e-commerce follow the inflection of efficiency strategy and induction the plan on the penetration's revitalization about Internet e-commerce.

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The Inquiry for Improving the Educational Use of Information and Communication Technology in Schools - Based on the Current Status of the Kyunggi Province - (학교 교육정보화 현황 및 개선 방안 연구 -경기도 지역을 중심으로-)

  • Lee, Seung-Hee;Kang, Kyung-Hee;Jung, Ok-Ryun;Rho, Kwan-Sik
    • Journal of The Korean Association of Information Education
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    • v.5 no.3
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    • pp.401-414
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    • 2001
  • The purpose of this paper was to diagnose the current status of educational use of Information and Communication Technology (ICT) in school. Based on the survey results, the direction for the educational use of information and communication technology was suggested. The findings were the use of ICT for teaching and learning activities were quite low in schools. The equipments for ICT were becoming out-dated quickly requiring replacement with new ones. The maintenance and operation of the equipments require additional funds that are not sufficient in most schools. There were quite limited number of educational software and a quality of CD-ROM titles. The infrastructures for developing and supplying educational software were poorly structured. The following policies were suggested: Establishing an efficient system for supplying equipments for ICT to schools; Constructing an effective infrastructure for developing and supplying educational software to teachers and students; Developing practical and effective teacher training programs; And funding schools for the maintenance of educational use of ICT.

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The Inflation Effect on Optimal Bank Capital Structure and Asset Riskiness (인플레이션이 은행(銀行)의 재무구조(財務構造)와 자산위험도(資産危險度)에 미치는 영향(影響))

  • Oh, Young-Soo
    • The Korean Journal of Financial Management
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    • v.8 no.1
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    • pp.155-177
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    • 1991
  • 기업의 재무구조와 인플레이션과의 관계는 세율에 대한 다양한 형태의 가정을 통하여 연구, 분석되어 왔으나, 이 문제를 확실히 해결하지는 못하였다. 근자에 A. Marcus(1983)가 미국의 은행의 재무구조를 대상으로 한 시계열분석 결과에 의하면 명목이자율의 상승이 미국은행의 부채 대비 자본금 비율을 하락시키는 절대적 요인이 되었다고 한다. 본 연구의 목적은 인플레이션과 은행의 부채 대비 자본금 비율의 상관관계, 더욱 나아가서 은행자산의 위험도가 이 상관관계에 미치는 영향을 분석코자 한다. 본고는 은행규제기관(FDIC 등)의 부채비율과 은행자산(포트폴리오)의 위험도에 대한 규제하에서 은행이 부채(예금)와 자본금의 가치를 극대화하고자 하는 모델을 설정하여 기대 인플레이션 수준이 은행의 적정 자본비율과 자산의 위험도와 어떤 관계가 있는가를 밀러의 균형모델(Miller Equilibrium Model)을 원용하여 분석하였다. 밀러의 균형모델하에서는 기업의 재무구조는 기업가치와 무관한 것으로 나타나고 있다. 즉, 부채를 통한 자금조달에 의해 발생되는 한계세금혜택은 균형하에서는 사라진다는 이론이다. 따라서 인플레이션은 적정 재무구조에는 영향을 미치지 못하게 된다. 왜냐하면 인플레이션은 기업의 세후 부채조달비용과 회사채 투자자 수익에 동일한 영향을 미치기 때문이다. 그러나 은행의 경우 일반 기업과는 달리 은행규제기관의 부채비율 및 자산위험도에 대한 규제압력이 소위 암묵적 규제비용으로 작용하여 은행의 적정자본금비율은 부채(예금)를 통한 자금조달의 한계세금혜택과 이에 따른 한계규제바용이 동일하게 되는 경우에 결정된다. 밀러의 단순균형 모델하에서 한계세금혜택이 없는 것과는 달리 은행의 부채조달에 따른 한계규제비용이 존재하는 이유로 균형조건으로 한계세금이익이 존재하게 된다. 이 경우 인플레이션은 예금자의 실질 세후 예금이자를 상승시키는 것 이상으로 은행의 실질 세후 예금이자 지급비용을 하락시키게 되어 은행의 부채비율을 더욱 높이게 되는 원인이 된다. 또한 은행의 부채비율이 인플레이션과 정(正)의 관계에 있다면 은행규제의 강도에 따라 이 상관계수는 은행자산의 위험도와도 역시 정(正)의 관계에 있게 된다. 미국은행을 대상으로 한 회귀분석에서도 그들의 부채(예금)비율이 기대 인플레이션과 정(正)의 상관관계가 있음이 나타났고 그 상관계수는 은행자산의 위험도와 동일 방향으로 움직임이 판명되었다.

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Market Created Risk and the Formation of Stock Price (시장조성위험(市場造成危險)과 주식가격(株式價格)의 형성(形成))

  • Jaang, Dae-Hong
    • The Korean Journal of Financial Management
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    • v.8 no.1
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    • pp.123-137
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    • 1991
  • This paper developes a multiperiod trading model of securities price formation which extends the notion of market created risk introduced by Kraus and Smith [1989]. It is shown that stock price volalitility can depend on combinations of market parameters known to the market participants only imperfectly. Resulting portfolio rebalancing equilibria generate self-justifying price movements while market fundamental remain unchanged.

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Systematic Risk Factors Implied in the Return Dynamics of KOSPI 200 Index Options (KOSPI 200 지수(옵션)의 수익률생성과정에 내재된 체계적 위험요인)

  • Kim, Moo-Sung;Kang, Tae-Hun
    • The Korean Journal of Financial Management
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    • v.25 no.2
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    • pp.69-101
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    • 2008
  • We empirically investigate the option leverage property that should be priced under much more general conditions than the Black-Scholes assumptions and the option redundancy property that is based on the assumption that the underlying asset price follows a one-dimensional diffusion process and examine the systematic risk factors implied in the return dynamics of KOSPI 200 index options. We find that the option leverage pattern is similar to the theoretical result but the options are not redundant securities and in the nonlinear structure of option payoffs, the traders of KOSPI 200 index options price the systematic higher-moments and the negative volatility risk premium significantly affects delta-hedged gains, even after accounting for jump fears. But the empirical evidence on jump risk preference is less conclusive.

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Diversification of Financial Method for Effective Practice of Construction Projects (건설사업의 효율적 수행을 위한 파이낸싱 다양화 방안)

  • Han Sang-Hun;Han Choong-Hee;Kim Sun-Kuk
    • Korean Journal of Construction Engineering and Management
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    • v.4 no.2 s.14
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    • pp.99-108
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    • 2003
  • Recently, the construction companies are forced to cut down the investment amount due to increasing financial problems caused by severe recession and restructuring in the financial market as well as the long-term depression of the construction industry. To overcome this type of problems, a great many efforts have been made. An alternative may be adopting the advanced financing methods. However, during the course of enforcing process of the financing methods, many problems are revealed without any proper solutions being proposed. Therefore, the fundamental problems need to be solved through comprehensive and systematic approach under the changing environment of construction financing. In this paper, as a result of reviewing some financing methods such as ABS, REITS, and Project Financing, multiple business strategies for construction companies to cope with the changing construction market are found in the sense of effectiveness in implementing construction projects. Further, this paper presents diversified financing methods for the effective practice of construction projects through combination of above mentioned methods, and also proposes improvement plans to strengthen the financing function for the construction industry.

A Study on Determinants of IT Shared Services Adoption: Focus on Korean Financial Institutions (IT쉐어드서비스 도입에 관한 영향요인 연구: 국내 금융기관을 중심으로)

  • Keum, Chang-Keun;Yi, Seon-Gyu
    • Information Systems Review
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    • v.10 no.1
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    • pp.21-45
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    • 2008
  • Over the years a lot of organizations or enterprises are spending the majority of their IT budgets on IT resources procurement and maintenance. IT resources are typically duplicated in each Region, Division, and/or Business Unit. The biggest sources of cost savings come directly from the reduction in maintenance cost and the elimination of duplicated resources. Global corporations are investing heavily in shared services implementations in order to stay competitive in an industry environment. A number of financial services firms have turned to IT shared services to reduce the level of IT asset and infrastructure redundancies. Recently, Korean financial services industry is moving to diversification(bank, securities, insurance, etc.) and consolidation(M&A, strategic alliance, etc.), and wants the elimination of duplicated IT resources. This research is intended to find out and demonstrate the factors having a significant effect on adoption of IT shared services center in finance services industry.