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Contextualized Design of IoT (Internet of Things) Finance for Edge Artificial Intelligence Computing

With the widespread application of IoT technology in the world, the new industry of IoT finance has emerged. Under this new business model, commercial banks and other financial institutions can realize safer and more convenient financial services such as payment, financing and asset management throu...

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Detalles Bibliográficos
Autor principal: Guo, Yixuan
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Hindawi 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8926467/
https://www.ncbi.nlm.nih.gov/pubmed/35310585
http://dx.doi.org/10.1155/2022/6046957
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author Guo, Yixuan
author_facet Guo, Yixuan
author_sort Guo, Yixuan
collection PubMed
description With the widespread application of IoT technology in the world, the new industry of IoT finance has emerged. Under this new business model, commercial banks and other financial institutions can realize safer and more convenient financial services such as payment, financing and asset management through the application of IoT technology and communication network technology. In the cloud computing model, the local terminal device of IOT will transmit the collected data to the cloud server through the network, and the cloud server will complete the data operation. Cloud computing model can well solve the problem of poor performance of IoT devices, but with the increasing number of IoT terminal devices and huge number of devices accessing the network, cloud computing model is constrained by network bandwidth and performance bottleneck, which brings a series of problems such as high latency, poor real-time and low security. In this paper, based on the new industry of IoT finance which is developing rapidly, we construct a POT (Peaks Over Threshold) over threshold model to empirically analyze the operational risk of commercial banks by using the risk loss data of commercial banks, and estimate the corresponding ES values by using the control variables method to measure the operational risk of traditional commercial banks and IoT finance respectively, and compare the total ES values of the two. This paper adopts the control variable method to reduce the frequency of each type of loss events of operational risk of commercial banks in China respectively.
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spelling pubmed-89264672022-03-17 Contextualized Design of IoT (Internet of Things) Finance for Edge Artificial Intelligence Computing Guo, Yixuan Comput Intell Neurosci Research Article With the widespread application of IoT technology in the world, the new industry of IoT finance has emerged. Under this new business model, commercial banks and other financial institutions can realize safer and more convenient financial services such as payment, financing and asset management through the application of IoT technology and communication network technology. In the cloud computing model, the local terminal device of IOT will transmit the collected data to the cloud server through the network, and the cloud server will complete the data operation. Cloud computing model can well solve the problem of poor performance of IoT devices, but with the increasing number of IoT terminal devices and huge number of devices accessing the network, cloud computing model is constrained by network bandwidth and performance bottleneck, which brings a series of problems such as high latency, poor real-time and low security. In this paper, based on the new industry of IoT finance which is developing rapidly, we construct a POT (Peaks Over Threshold) over threshold model to empirically analyze the operational risk of commercial banks by using the risk loss data of commercial banks, and estimate the corresponding ES values by using the control variables method to measure the operational risk of traditional commercial banks and IoT finance respectively, and compare the total ES values of the two. This paper adopts the control variable method to reduce the frequency of each type of loss events of operational risk of commercial banks in China respectively. Hindawi 2022-03-09 /pmc/articles/PMC8926467/ /pubmed/35310585 http://dx.doi.org/10.1155/2022/6046957 Text en Copyright © 2022 Yixuan Guo. https://creativecommons.org/licenses/by/4.0/This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
spellingShingle Research Article
Guo, Yixuan
Contextualized Design of IoT (Internet of Things) Finance for Edge Artificial Intelligence Computing
title Contextualized Design of IoT (Internet of Things) Finance for Edge Artificial Intelligence Computing
title_full Contextualized Design of IoT (Internet of Things) Finance for Edge Artificial Intelligence Computing
title_fullStr Contextualized Design of IoT (Internet of Things) Finance for Edge Artificial Intelligence Computing
title_full_unstemmed Contextualized Design of IoT (Internet of Things) Finance for Edge Artificial Intelligence Computing
title_short Contextualized Design of IoT (Internet of Things) Finance for Edge Artificial Intelligence Computing
title_sort contextualized design of iot (internet of things) finance for edge artificial intelligence computing
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8926467/
https://www.ncbi.nlm.nih.gov/pubmed/35310585
http://dx.doi.org/10.1155/2022/6046957
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