Choong, Yap Voon
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Federated Risk-Based Access Control Model for P2P Lending Platforms: A Multi-Agent Systems (MAS) Approach Muthaiyah, Saravanan; Nguyen, Lan Thi Phuong; Choong, Yap Voon; Zaw, Thein Oak Kyaw
Emerging Science Journal Vol 8, No 6 (2024): December
Publisher : Ital Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28991/ESJ-2024-08-06-05

Abstract

This study addresses the inherent risk management challenges in decentralized finance, particularly for peer-to-peer (P2P) lending platforms. We propose a novel framework that leverages a Multi-Agent System (MAS) to establish a collaborative network encompassing loan originators, investors, regulators, and service providers. This distributed approach facilitates federated risk management, where risk assessment and mitigation responsibilities are shared across these entities. The MAS employs a comprehensive nine-factor assessment (detailed in Table 5) to evaluate industry risk profiles, considering industry environment, competition, and internal capabilities. This data is further visualized using a color matrix (Tables 5 & 6) and utilized alongside state diagrams (Figure 2) to depict the workflow and manage tasks within the P2P lending process. Additionally, the MAS informs a novel Federated Risk-Based Access Control (FRkBAC) system that tailors access permissions (lending origination, disbursement, etc.) based on dynamic risk assessments of industry trends and individual borrower profiles. This data-driven approach fosters trust within the P2P ecosystem and represents a significant advancement in decentralized finance risk management compared to traditional methods. Doi: 10.28991/ESJ-2024-08-06-05 Full Text: PDF
Demystifying Knowledge Work Practices and Performance in the Public Sector Pachayappan, Neetha Kumari; Aravindan, Kalisri Logeswaran; Alias, Mazni; Ramayah, T.; Annamalah, Sanmugam; Choong, Yap Voon
Emerging Science Journal Vol 8, No 5 (2024): October
Publisher : Ital Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28991/ESJ-2024-08-05-015

Abstract

The performance of the public sector, especially its officers, is vital to a nation’s growth in light of the challenges clouding public service. Despite numerous efforts and initiatives, the level of efficiency of Malaysian public sector officers remains feeble, and public dissatisfaction has led to criticism of the administration. Therefore, addressing issues surrounding the performance of public sector officers is imperative to improve public perception. Guided by Drucker’s knowledge work productivity theory, this research aims to discover the relationship between knowledge work practices toward affective commitment (AC) and knowledge worker performance (KWP). This research adopted a cross-sectional design involving a survey of 395 administrative and diplomatic officers who were recruited via stratified random sampling. A variance-based structural equation modeling using Smart PLS 4.0 was conducted to analyze the data. Results show that job crafting (JC) and continuous learning (CL) improve KWP, job-related innovation (JRI) does not impact KWP, and AC exerts a mediating impact on the relationship between knowledge work practices and KWP. This study provides impetus to knowledge productivity and human behavior by integrating JC into Drucker’s theory. Doi: 10.28991/ESJ-2024-08-05-015 Full Text: PDF