Fashion Rental: Smart Business or Ethical Folly?

The research presented here illustrates the spectrum of fashion rental PSS firms and business strategies within the New Zealand fashion rental market. The evidence collected suggests that there is a market for fashion rental; however, this market is underdeveloped in regard to its potential as a benefit exchange medium that encourages alternative consumption practice. This study finds that there is, indeed, enormous potential in PSSs as a means to divert fashion-conscious consumers away from ownership behaviours; however, the current systems fall short of this goal. This study offers a taxonomy to create and develop fashion rental PSSs that achieve central aims of circular economy fashion systems, enhancing the collective, social aspects of access, value-sharing and continuing development of mutual gain within the system. It is anticipated that this taxonomy could be further refined and extended through research in other countries, including those with more established, larger fashion rental organisations. Further, there is potential for action research approaches to the design and analysis of alternative fashion rental PSSs.

PENERAPAN APLIKASI ANDROID “OJEK GT” SEBAGAI STARTUP INDUSTRI KREATIF MENUJU SOCIETY 5.0

Implementation of technology that supports Society 5.0 needs to be done because the principal itself that focused towards technology implementation and not inclined emphasize to the technology development. Furthermore, 5.0 era also priotize technology implementation to all element of the society that could be used by diverse aspect in the community, such as: economics, education. Infrastructure, and community expertises. One of the support technology utilization is Costless Transportation Application Ojek GT base don Android Client and PHP: Hypertext Preporcessor (PHP) Web as server. This application designed using both of the platform above to fulfill the user’s need. Both of the platform are integrated using Application Programming Interface (API) as a data exchange medium to the database. The implementation of the software itself follows the Community Service Freedom Technology (CSFT) that designed as software development pattern which aims to push support technology utilization towards Society 5.0 era. In the future, this software is expected to be a simple of support technology utilization in Society 5.0 era that could be implemented to all the aspect in the community cope. Beside as a solution of costless technology utilization, Ojek GT could also be expected as Business Startup in the creative industry scope.

Optimization Parameters of Trading System with Constant Modulus of Unit Return

The unit return is determined as the return in the quotation currency (QCR) per the unit of base exchange medium (BEM). The main purpose is to examine the applicability of a trading system with a constant modulus of unit return (CMUR). The CMUR system supports speculative operations related to the exchange rate, given as the BEM quotation per the QCR. Premises for investment decisions are based on knowledge about the quotation dynamics described by its binary representation. This knowledge is described by a prediction table containing the conditional probability distributions of exchange rate increments. Any prediction table depends on observation range. Financial effectiveness of any CMUR system is assessed in the usual way by interest rate and risk index based on Shannon entropy. The main aim of our paper is to present algorithms which may be used for selecting effective CMUR systems. Required unit return modulus and observation range are control parameters applied for management of CMUR systems. Optimal values of these parameters are obtained by implementation of the proposed algorithm. All formal considerations are illustrated by an extensive case study linked to gold trading.

Meta-Study on Integrated Cooling of Modern Integrated Circuits using Microfluidics

The substantial increase in the transistor density of integrated circuits (ICs) in recent times has allowed considerable improvements in computing power. With increasing transistor and power density, the heat produced by modern ICs has increased significantly. This in turn has negative effects on the performance, reliability, and power consumption of the ICs. A solution to the IC’s complications caused by overheating is integrated cooling, in which cooling fluid is delivered through microchannel heat sinks on the backside of an IC. This meta-study will investigate two microfluidic cooling technologies. First, implementing varied size microfluidic channels close to the silicone substrate of the IC. Additionally, a micro-pin fin heat sink is integrated into the ICs’ fluidic microchannels. Different sized pin fins were used, to achieve a wider understanding of the application of pin fins in microfluidic cooling and compare the thermal performances of each cooling method. Integrated cooling subverts the need for suboptimal thermal interfaces and bulky heat-sinks, as well as reducing the intensity of localised hotspots commonly present in high-power electronics. Further, by locating the main heat exchange medium closer to the die of an IC, we reduce the number of thermal interfaces. This meta-study suggests that cylindrical micro-pin fin arrays with pitch longitude and latitude of 60μm and 120μm, are more thermally efficient than plain microfluidic cooling channels.

Power Factor in Different Types of Transactions

The paper confirms that the factor of power matters, however differently in different types of – wholly or partly hierarchical – transactions. Such a factor is considered in connection to exchange transaction where traditionally matter bargaining power and market power: the first manifests itself in the process of transaction, the second relates to the market as an exchange medium; in both cases examples of mixing their effects are not unusual. In addition the factors of reputation and enforcement are considered: the first is associated with power of contragent, the second with the ability to enforce the contract.

How Does Information Transmission Influence the Value Creation Capability of a Digital Ecosystem? An Empirical Study of the Crypto-Digital Ecosystem Ethereum

With the advancement of digitization, digital ecosystems are playing an increasingly important role in value creation. The mechanism by which digital ecosystems create value, however, has been generally deemed to be a mixed effect due to various factors. On the basis of signaling theory, this paper explores the effect of information transmission on the value creation capability of a digital ecosystem from two dimensions: the scale and sustainability of value creation. Taking a sample of weekly transaction data from Ethereum during August 2015–August 2018, our research proposes an integrated framework of information transmission in value creating, and discusses the diffusion process of the network effect within the digital ecosystem. As a generally accepted exchange medium, digital currency traffic acts as an observable proxy of information flow in a crypto-digital ecosystem, where the effects of heterogeneity in transaction attributes are filtered. Empirical results show that information transmission positively influences the scale and sustainability of value creation activities in a digital ecosystem by affecting user number and transaction frequency. Further research reveals that user number is the initial driving force of the network effect and a critical factor for the overall ecosystem market capitalization. This research provides a new insight into the design of sustainable value creation mechanisms under digital circumstances.

The Forex Trading System for Speculation with Constant Magnitude of Unit Return

The main purpose of this article is to investigate a speculative trading system with a constant magnitude of return rate. We consider speculative operations related to the exchange rate given as the quotient of the base exchange medium by the quoted currency. An exchange medium is understood as any currency or any precious metal. The unit return is defined as the return expressed in the quoted currency by the amount of base exchange medium. All possible states of the exchange market form a finite elemental space. All knowledge about the dynamics of this market is presented as a prediction table describing the conditional probability distributions of incoming exchange rate changes. On the other hand, in the proposed trading system each speculative operation is concluded in such a way that the gross payment is determined by the given magnitude of unit return. The paper contains an analysis of the following evaluation criteria: annual number of transaction, success probability, expected unit payment, expected unit profit, risk index, unit risk premium, return rate, interest rate, and interest risk premium. Both of these indices can be used to select the effective trading systems. Effectiveness is considered in the local sense and in the global sense.