The Use of Simulations as an Analytical Tool for Payment Systems

2013 ◽  
pp. 29-45 ◽  
Author(s):  
Martin Diehl
Keyword(s):  
Analysis Tool ◽  
Payment Systems ◽  
Settlement Systems ◽  
Virtual Experiments ◽  
Simulation Tools ◽  
Functional Development ◽  
Real Performance ◽  
Future Direction ◽  
Basic Features ◽  
Analytical Tools

Simulations are among the analytical tools in payment systems analysis. They can be used to overcome epistemological weaknesses of models and calibrations, and they are virtual experiments that do not affect the real performance of payment systems. The chapter is intended to give an inside view into the use of simulations as an analysis tool for payment systems as well as settlement systems. Section 1 highlights the basic features of payment systems in order to explain the usefulness of, and the most important questions addressed by, simulations. Based on these features, an epistemological assessment of simulations versus other analytical tools will show the range and limits of simulations (section 2). Following the historic development, the use of simulations for functional development will be explained in section 3, before dealing with oversight aspects (section 4). Finally, in section 5, the authors list a couple of practical tools to do simulations and to discuss tendencies in simulation tools and speculate on the future direction of research.

The Use of Simulations as an Analytical Tool for Payment Systems

2014 ◽  
pp. 1577-1594
Author(s):  
Martin Diehl
Keyword(s):  
Analysis Tool ◽  
Payment Systems ◽  
Settlement Systems ◽  
Virtual Experiments ◽  
Simulation Tools ◽  
Functional Development ◽  
Real Performance ◽  
Future Direction ◽  
Basic Features ◽  
Analytical Tools

Simulations are among the analytical tools in payment systems analysis. They can be used to overcome epistemological weaknesses of models and calibrations, and they are virtual experiments that do not affect the real performance of payment systems. The chapter is intended to give an inside view into the use of simulations as an analysis tool for payment systems as well as settlement systems. Section 1 highlights the basic features of payment systems in order to explain the usefulness of, and the most important questions addressed by, simulations. Based on these features, an epistemological assessment of simulations versus other analytical tools will show the range and limits of simulations (section 2). Following the historic development, the use of simulations for functional development will be explained in section 3, before dealing with oversight aspects (section 4). Finally, in section 5, the authors list a couple of practical tools to do simulations and to discuss tendencies in simulation tools and speculate on the future direction of research.

Image based portable wear debris analysis tool

2015 ◽  
Vol 67 (4) ◽  
pp. 389-398 ◽  
Author(s):  
Muhammad Ali Khan ◽  
Ahmed Farooq Cheema ◽  
Sohaib Zia Khan ◽  
Shafiq-ur-Rehman Qureshi
Keyword(s):  
Real Time ◽  
Wear Debris ◽  
Machine Component ◽  
Analysis Tool ◽  
Content Type ◽  
Real Time Analysis ◽  
Distribution Shape ◽  
Basic Features ◽  
Health Diagnosis ◽  
Wear Debris Analysis

Purpose – The purpose of this paper is to show the development of an image processing-based portable equipment for an automatic wear debris analysis. It can analyze both the qualitative and quantitative features of machine wear debris: size, quantity, size distribution, shape, surface texture and material composition via color. Design/methodology/approach – It comprises hardware and software components which can take debris in near real-time from a machine oil sump and process it for features diagnosis. This processing provides the information of the basic features on the user screen which can further be used for machine component health diagnosis. Findings – The developed system has the capacity to replace the existing off-line methods due to its cost effectiveness and simplicity in operation. The system is able to analyze debris basic quantitative and qualitative features greater than 50 micron and less than 300 micron. Originality/value – Wear debris basic features analysis tool is developed and discussed. The portable and near real-time analysis offered by the discussed work can be more technically effective as compared to the existing off-line and online techniques.

Flexibility of Seakeeping Simulation Tools for Landing Craft Hullforms

2017 ◽  
Author(s):  
Kevin Silva ◽  
Andrew Silver ◽  
Kenneth Weems ◽  
David Wundrow ◽  
Sheguang Zhang
Keyword(s):  
Surface Effect ◽  
Water Jet ◽  
Operating Conditions ◽  
Physical Models ◽  
Simulation Tools ◽  
Test Conditions ◽  
Seakeeping Performance ◽  
Surface Effect Ship ◽  
Analytical Tools ◽  
Large Amplitude Motion

As the operational requirements of landing craft expand to faster speeds and higher sea states, more complex hullforms are being proposed to meet these requirements. The seakeeping performance of such vessels can become difficult to predict. Analytical tools must be flexible in order to handle the variety of operating conditions, hull geometries, loading conditions, and other attributes. The analytical seakeeping models should be based on the physical models of the hydrodynamic phenomena rather than case-specific empirical tuning. This paper describes a study that evaluated the ability of the Large Amplitude Motion Program (LAMP) to simulate traditional and non-traditional landing craft hullforms in varying operating conditions. The hullforms include a traditional semi-planing monohull, a semi-planing water jet propelled “W” shaped hull, a water jet propelled catamaran, and a catamaran Surface Effect Ship (SES) style hull. The measures taken to model each hullform and test conditions in LAMP are discussed and the correlation between experimental data and LAMP predictions are presented through comparisons of motions and accelerations.

The Holding and Transfer of Interests in Securities in England and Japan

2011 ◽  
pp. 88-108
Author(s):  
Tomonori Fujiike
Keyword(s):  
Legal Issues ◽  
Financial Assets ◽  
Payment Systems ◽  
Commercial Law ◽  
Settlement Systems ◽  
International Trends ◽  
Legal Relationship ◽  
Legal Nature ◽  
Bank Accounts ◽  
Securities Settlement

This chapter compares account-based securities settlement systems with payment systems in which funds are transferred through bank accounts in England and Japan and examines a desirable securities system to harmonize the relevant countries’ jurisprudence considering US securities system and relevant international trends. It argues that there should be two broad areas of similarity in both systems; compartmentalization of a legal relationship between related parties and the method of transfer of securities and funds. It also argues, however, that, due to the differences in the legal nature of both financial assets, there are some differences between both systems in order to response intermediary risk. The purpose of this chapter is not only to propose that similar legal issues in both systems should be resolved in same ways as much as possible, but also to distinguish issues which could be resolved in commercial law from issues which should be resolved in the field of regulations by financial authorities in securities system.

scholarly journals A New Analysis Tool Assessment for Rotordynamic Modeling of Gas Foil Bearings

2010 ◽  
Author(s):  
Samuel A. Howard ◽  
Luis San Andre´s
Keyword(s):  
Power Loss ◽  
High Speed ◽  
Structural Deformation ◽  
Analysis Tool ◽  
Test Rig ◽  
Contributing Factors ◽  
Foil Bearings ◽  
Rotordynamic Coefficients ◽  
Foil Bearing ◽  
Analytical Tools

Gas foil bearings offer several advantages over traditional bearing types that make them attractive for use in high-speed turbomachinery. They can operate at very high temperatures, require no lubrication supply (oil pumps, seals, etc), exhibit very long life with no maintenance, and once operating airborne, have very low power loss. The use of gas foil bearings in high-speed turbomachinery has been accelerating in recent years, although the pace has been slow. One of the contributing factors to the slow growth has been a lack of analysis tools, benchmarked to measurements, to predict gas foil bearing behavior in rotating machinery. To address this shortcoming, NASA Glenn Research Center (GRC) has supported the development of analytical tools to predict gas foil bearing performance. One of the codes has the capability to predict rotordynamic coefficients, power loss, film thickness, structural deformation, and more. The current paper presents an assessment of the predictive capability of the code, named XLGFBTH©. A test rig at GRC is used as a simulated case study to compare rotordynamic analysis using output from the code to actual rotor response as measured in the test rig. The test rig rotor is supported on two gas foil journal bearings manufactured at GRC, with all pertinent geometry disclosed. The resulting comparison shows that the rotordynamic coefficients calculated using XLGFBTH© represent the dynamics of the system reasonably well, especially as they pertain to predicting critical speeds.

scholarly journals Cryptocurrencies: technology, initiatives of banks and central banks, and regulatory challenges

2021 ◽  
Vol 30 (2) ◽  
pp. 467-496
Author(s):  
Carlos Eduardo Carvalho ◽  
Desirée Almeida Pires ◽  
Marcel Artioli ◽  
Giuliano Contento de Oliveira
Keyword(s):  
Banking System ◽  
Central Banks ◽  
Payment Systems ◽  
Settlement Systems ◽  
Monetary System ◽  
Paper Currency ◽  
International Banks ◽  
Monetary Order ◽  
Technology Initiatives ◽  
Regulatory Challenges

Abstract This paper analyses the impacts of the innovation known as distributed ledger technology (DLT) on the monetary system and on financial activities. Private cryptocurrencies, such as Bitcoin, are permissionless means of payment, based on blockchain, a form of DLT. Evaluations suggested that these private cryptocurrencies could compete with the banks payment systems and even supplant state currency. The development of these technologies has the potential to modify profoundly monetary and financial practices, but there are no indications that they may threaten the centrality of state money and the banking system in the contemporary monetary order. Major international banks have developed cryptocurrencies for settlement systems and for interbank transactions, including the so-called stablecoins, issued by highly technological companies with on par conversion into state money. Some central banks are studying the launch of state cryptocurrencies that could coexist with their fiduciary state currency and even replace their paper currency. The use of this technology results in new challenges for regulation, including the fact that cryptocurrencies can be used for money laundering and by organized crime.

The Design of Virtual Laboratories in Microwave Engineering Education

2021 ◽  
pp. 167-187
Author(s):  
Man Seng Sim ◽  
Kok Yeow You ◽  
Fahmiruddin Esa
Keyword(s):  
Engineering Education ◽  
Pedagogical Approach ◽  
Laboratory Manual ◽  
Virtual Experiments ◽  
Virtual Tools ◽  
Microwave Engineering ◽  
Virtual Laboratories ◽  
Physical Laboratory ◽  
Technological Tools ◽  
Future Direction

The transformation of physical laboratory to virtual laboratory is necessary for distance learning, especially during the pandemic. The educators face challenges when designing and developing virtual laboratories. Therefore, this chapter aimed to present the implementation of virtual laboratories in microwave engineering education, which can be a reference for the educators. The first section introduces microwave, microwave engineering course, and laboratory experiments in the course. The following section reviews and presents the technological tools for the design and development of virtual laboratories. Furthermore, three examples of virtual experiments are discussed based on their design, pedagogical approach, virtual tools, and laboratory manual. The last part discusses the benefits, challenges, and future direction of virtual laboratories in microwave engineering education.

scholarly journals Analysis and Design of PMBLDC Motor for Three Wheeler Electric Vehicle Application

2019 ◽  
Vol 87 ◽  
pp. 01022
Author(s):  
V. Sandeep ◽  
Sharankumar Shastri
Keyword(s):  
Permanent Magnet ◽  
Analysis Tool ◽  
Element Analysis ◽  
Analysis And Design ◽  
Brushless Dc ◽  
Design Variables ◽  
Radial Flux ◽  
Electromagnetic Characteristics ◽  
Permanent Magnet Brushless Dc ◽  
Analytical Tools

This paper deals with analysis and design of permanent magnet brushless dc machine (PMBLDCM), primarily aimed for three wheeler applications. The motor sizing accounts for the forces acting on the motor and the design variables such as number of stator and rotor slots, stator and rotor dimensioning, air-gap approximation, slot sizing, flux per pole and permanent magnet sizing has been explained using simplified equations. The designed motor rated at 1.5 kW, 3000 rpm, 120 V radial flux surface mounted permanent magnet rotor, is then assessed using analytical tools for design such as ANSYS’s RMXprt to verify the analytically obtained results. These results are then verified using the computer aided analysis tool, finite element analysis, using ANSYS Maxwell, to obtain the electromagnetic characteristics of the motor for further modification of design.

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