Research
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Electron Heating in Weakly Ionized Collisional Plasmas
(from left: Professor Wonho Choe and Research Professor Sanghoo Park)
A KAIST research team successfully identified the underlying principles behind electron heating, which is one of the most important phenomena in plasmas. As the electric heating determines wide range of physical and chemical properties of plasmas, this outcome will allow relevant industries to extend and effectively customize a range of plasma characteristics for their specific needs.
Plasma, frequently called the fourth state of matter, can be mostly formed by artificially energizing gases in standard temperature (25°C) and pressure (1 atm) range. Among the many types of plasma, atmospheric-pressure plasmas have been gaining a great deal of attention due to their unique features and applicability in various scientific and industrial fields.
Because plasma characteristics strongly depends on gas pressure in the sub-atmospheric to atmospheric pressure range, characterizing the plasma at different pressures is a prerequisite for understanding the fundamental principles of plasmas and for their industrial applications.
In that sense, information on the spatio-temporal evolution in the electron density and temperature is very important because various physical and chemical reactions within a plasma arise from electrons. Hence, electron heating has been an interesting topic in the field of plasma.
Because collisions between free electrons and neutral gases are frequent under atmospheric-pressure conditions, there are physical limits to measuring the electron density and temperature in plasmas using conventional diagnostic tools, thus the principles behind free electron heating could not be experimentally revealed.
Moreover, lacking information on a key parameter of electron heating and its controlling methods is troublesome and limit improving the reactivity and applicability of such plasmas.
To address these issues, Professor Wonho Choe and his team from the Department of Nuclear and Quantum Engineering employed neutral bremsstrahlung-based electron diagnostics in order to accurately examine the electron density and temperature in target plasmas. In addition, a novel imaging diagnostics for two dimensional distribution of electron information was developed.
Using the diagnostic technique they developed, the team measured the nanosecond-resolved electron temperature in weakly ionized collisional plasmas, and they succeeded in revealing the spatiotemporal distribution and the fundamental principle involved in the electron heating process.
The team successfully revealed the fundamental principle of the electron heating process under atmospheric to sub-atmospheric pressure (0.25-1atm) conditions through conducting the experiment on the spatiotemporal evolution of electron temperature.
Their findings of the underlying research data on free electrons in weakly ionized collisional plasmas will contribute to enhancing the field of plasma science and their commercial applications.
Professor Choe said, “The results of this study provide a clear picture of electron heating in weakly ionized plasmas under conditions where collisions between free electrons and neutral particles are frequent. We hope this study will be informative and helpful in utilizing and commercializing atmospheric-pressure plasma sources in the near future.”
Articles related to this research, led by Research Professor Sanghoo Park, were published in Scientific Reports on May 14 and July 5.
Figure 1. Nanosecond-resolved visualization of the electron heating structure. Spatiotemporal evolution of 514.5-nm continuum radiation,Te, Ar I emission
Figure 2. Nanosecond-resolved visualization of electron heating. Spatiotemporal evolution of neutral bremsstrahlung at 514.5 nm
2018.09.10 View 6796 -
There Won't Be a Singularity: Professor Jerry Kaplan
(Professor Jerry Kaplan gave a lecture titled, Artificial Intelligence: Think Again at KAIST)
“People are so concerned about super intelligence, but the singularity will not happen,” said Professor Jerry Kaplan at Stanford University, an AI guru and Silicon Valley entrepreneur during a lecture at KAIST. He visited KAIST to give a lecture on Artificial Intelligence: Think Again on September 6.
Professor Kaplan said that some people argue that Korea’s AI research is behind the US and China but he doesn’t agree with that. “Korea is the most digitally connected one and has the world’s best engineers in the field. Korean companies are building products the consumers really like at reasonable prices. Those are attracting global consumers,” he added.
Instead of investing loads of money on AI research, he suggested three tasks for Korea taking a better position in the field of AI: Collecting and saving lots of data; training engineers, not the research talents in AI; and investing in AI infrastructure and relieving regulations by the government.
Referring to AI hype, Professor Kaplan argued that machines are intelligent, but they do not think in the way humans can, and assured the audience that the singularity some futurists predict will not be coming. He said, “Machine learning is a tool extracting useful information, but it does not mean they are so smart that they are taking over the world.”
(Professor Jerry Kaplan gave a lecture titled, Artificial Intelligence: Think Again at KAIST)
But what has made us believing AI myths? He first began pointing out how AI has been mythicized by three major drivers. Those are the entertainment industry, the popular media, and the AI community all wanting to attract more public attention and prestige. The abovementioned drivers are falsely making robots more human and are adding human characteristics.
Instead of being captivated by those AI myths and thinking about how to save the world from robots, he strongly argued, “We need to develop standards for the unintended side effects from AI.” To provide machines socially and ethically mingling with the human world, he believed principles should be set as follows: Define the Safe Operating Envelope (SOE), “safe modes” when out of bounds, study human behavior programmatically, certification and licensing standards, limitations on machine “agency,” and basic computational ethics such as when it is okay to break the law.
Professor Kaplan gave a positive view of AI for humans. “The future will be bright, thanks to AI. They do difficult work and help us and that will drive wealth and quality of life. The rich might get richer, but the benefits will spread throughout the people. It is time to think of innovative ways for using AI for building better world,” he concluded.
2018.09.10 View 5364 -
NEREC Summer Program Keeps Fellows Thinking, Engaged in Nuclear Nonproliferation
Nuclear technology is more than just technology. It is the fruit of the most advanced science and technology. It also requires high standards of policymaking and global cooperation for benefiting the technology.
As part of the fifth annual Nuclear Nonproliferation Education and Research Center (NEREC) Summer Fellows Program at KAIST, 24 students from 15 countries participated in six-week intensive education and training program. NEREC is the only university-based center dedicated to nuclear nonproliferation education and research established in 2014.
The program, which provides multidisciplinary lectures and seminars on nuclear technology and policy as well as international relations, was designed to nurture global nuclear technology experts well equipped in three areas: in-depth knowledge of technology, applicability gained from sound policy building, and negotiating for international cooperation. It now has grown into the most popular summer program at KAIST.
During the program from July 6 to August 18, participants were able to engage in enriching and stimulating learning experiences in tandem with policies and technology for the utilization and provision of peaceful and safe nuclear technology.
Participating fellows also had to conduct a group research project on a given topic. This year, they explored nuclear nonproliferation issues in relation to nuclear exports and brainstormed some recommendations for current policy. They presented their outcomes at the 2018 NEREC Conference on Nuclear Nonproliferation. After intensive lecture sessions and group research work, the fellows went off to key policy think-tanks, nuclear research institutes, and research power facilities in Korea, Japan, and China.
“NEREC emphasizes nuclear nonproliferation issues related to civilian nuclear power and the associated nuclear fuel cycle development from the point of technology users. I am very glad that the number of participants are increasing year by year,” said the Director of NEREC Man-Sung Yim, a professor in the Department of Nuclear and Quantum Engineering.
Participants’ majors vary from nuclear engineering to international relations to economics. The fellows divided into two groups of graduate and undergraduate courses. They expressed their deep satisfactory in the multidisciplinary lectures by scholars from KAIST, Seoul National University, and Korea National Defense University.
Many participants reported that they learned a lot, not only about policy and international relations but on the research they are conducting and what the key issues will be in dealing for producing meaningful research work.
Moad Aldbissi from the KTH Royal Institute of Technology is one of the students who shared the same view. He said, “Coming from a technical background in nuclear engineering, I managed to learn a lot about nuclear policy and international relations. The importance of integrating the technical and political fields became even clearer.”
Most students concurred that they recognized how important it was to make international collaboration in this powerful field for each country through this program.
“As an engineering student, I just approached this program like an empty glass in policy areas. While working with colleagues during the program, I came to understand how important it is to make cooperation in these fields for the better result of national development and international relations,” said Thanataon Pornphatdetaudom from the Tokyo Institute of Technology.
To Director Yim, this program is becoming well positioned to educate nuclear policy experts in a number of countries of strategic importance. He believes the continuous supply of these experts will contribute to promoting global nuclear nonproliferation and the peaceful use of nuclear energy while the use of nuclear technology continues.
2018.09.04 View 10409 -
Adding Smart to Science Museum
KAIST and the National Science Museum (NSM) created an Exhibition Research Center for Smart Science to launch exhibitions that integrate emerging technologies in the Fourth Industrial Revolution, including augmented reality (AR), virtual reality (VR), Internet of Things (IoTs), and artificial intelligence (AI).
There has been a great demand for a novel technology for better, user-oriented exhibition services. The NSM continuously faces the problem of not having enough professional guides. Additionally, there have been constant complaints about its current mobile application for exhibitions not being very effective.
To tackle these problems, the new center was founded, involving 11 institutes and universities. Sponsored by the National Research Foundation, it will oversee 15 projects in three areas: exhibition-based technology, exhibition operational technology, and exhibition content.
The group first aims to provide a location-based exhibition guide system service, which allows it to incorporate various technological services, such as AR/VR to visitors. An indoor locating system named KAILOS, which was developed by KAIST, will be applied to this service. They will also launch a mobile application service that provides audio-based exhibition guides.
To further cater to visitors’ needs, the group plans to apply a user-centered ecosystem, a living lab concept to create pleasant environment for visitors.
“Every year, hundred thousands of young people visit the National Science Museum. I believe that the exhibition guide system has to be innovative, using cutting-edge IT technology in order to help them cherish their dreams and inspirations through science,” Jeong Heoi Bae, President of Exhibition and Research Bureau of NSM, emphasized.
Professor Dong Soo Han from the School of Computing, who took the position of research head of the group, said, “We will systematically develop exhibition technology and contents for the science museum to create a platform for smart science museums. It will be the first time to provide an exhibition guide system that integrates AR/VR with an indoor location system.”
The center will first apply the new system to the NSM and then expand it to 167 science museums and other regional museums.
2018.09.04 View 8736 -
The MSE/CBE Int'l Workshop Explores Big Ideas in Emerging Materials
(KAIST President Sung-Chul Shin with scholars participated in the workshop)
The MSE/CBE International Workshop brought together editors from key academic journals in multidisciplinary materials science and scholars from leading universities at KAIST on Aug. 7.
The workshop hosted ten distinguished speakers in the fields of nanostructures for next-generation emerging applications, chemical and bio-engineering, and materials innovation for functional applications. They explored opportunities and challenges for reinventing novel materials that will solve complex problems.
(From left: Professor Buriak, Professor Swager and Professor Il-Doo Kim)
Speakers included: Chief Editor of Nature Materials Vincent Dusastre; Editor-in- Chief of ACS NANO and professor at UCLA Paul S. Weiss; Jillian M. Buriak, Editor-in-Chief of Chemistry of Materials; Associate Editor of Macromolecules and professor at MIT Timothy M. Swager; Coordinating Editor of Acta Materialia and Head of the Department of Materials Science and Engineering at MIT Christopher A. Schuh; Editor-in-Chief of Biotechnology Journal and Metabolic Engineering and Distinguished Professor at KAIST Sang-Yup Lee; Associate Editor of Energy Storage Materials and professor at KAIST Sang Ouk Kim; Professor Jeffrey C. Grossman at MIT; Professor Zhenan Bao at Stanford University; and Professor Hyuck Mo Lee, head of the Department of Materials Science and Engineering at KAIST.
Interdisciplinary materials research holds the key to building technological competitiveness in many industrial sectors extending from energy, environment, and health care to medicine and beyond. It has also been the bedrock of KAIST’s scholarship and research innovation. More than 200 faculty members in the field of materials science produce about 800 SCI papers every year. The two departments of materials science and chemical biomolecular engineering are leading KAIST’s global reputation, as they were both ranked 13th and 14th in the QS World University Ranking by Subject this year.
(Professor Il-Doo Kim fromt he Department of Materials Science Engineering)
Professor Il-Doo Kim from the Department of Materials Science Engineering has been the chair of this workshop from 2016. In hosting the second one this year, he said that he hopes this year’s workshop will inspire many materials scientists to have big ideas and work to make those big ideas get noticed in order to have a real impact.
(KAIST President Sung-Chul Shin)
President Sung-Chul Shin, who is a physicist specializing in materials physics, expressed his keen interest in the workshop, saying innovative materials made of unthinkable and noble combinations will be the key factor in determining the competitiveness of new technology and new industries. He lauded international collaborations for making new materials and the scholarly passion to evaluate the materials’ characteristics that made this significant progress possible.
Dr. Vincent Dusastre, chief editor of Nature Materials, presented recent trends in materials for energy. He described how the rational design and improvement of materials’ properties can lead to energy alternatives which will compete with existing technologies. He pointed out that given the dramatic fundamental and practical breakthroughs that are taking place in the realization of solar cells with high energy-conversion efficiency, the improvement of batteries for electric vehicles and the grid is also a major challenge. He stressed, “Key advances in sustainable approaches beyond Li-ion batteries and control of redox processes are also greatly needed.”
Meanwhile, ACS NANO Editor-in-Chief Paul S. Weiss spoke on the importance of heterogeneity in the structure and function of molecules and nanoscale assemblies. He stressed that such extensiveness of multi-interdisciplinary research will accelerate a greater impact as indicated when the fields of neuroscience and microbiome converged with nanoscience and nanotechnology.
Editor-in-Chief of Chemistry of Materials Professor Jillian M. Buriak from the University of Alberta described how predictive models and machine learning can replace time consuming empirical device production and screening. By understanding and pinpointing the frustrating bottlenecks in the design of stable and efficient organic photovoltaics, much faster throughput can be obtained to enable a more direct pathway to stability, efficiency, and finally commercialization.
2018.08.13 View 12440 -
The Center for Anthropocene Studies (CAS) Opens
KAIST will start Anthropocene research, a convergence field of study, to address issues related to the commencement of human activities that have had scientific, industrial, and economic impacts on the Earth’s ecosystem. The National Research Foundation (NRF) of Korea endorsed the KAIST Center for Anthropocene Studies as its Convergence Research Center project.
Anthropocene refers to a new geological age in which various polluting materials that humans have made during the post-industrial revolution era have made a significant impact on the Earth and the lives of humankind. The studies expand the diverse socio-economic and environmental sectors for responding to climate change, natural disasters, ecological destruction, the polarization of the inequality and wealth, and many others.
The KAIST research group at the center, in collaboration with the Graduate School of Science and Technology Policy, the Graduate School of Culture Technology, the School of Humanities & Social Sciences, the Department of Industrial Design, the School of Electrical Engineering, the Satellite Technology Research Center (SaRTec), and the KAIST Initiative for Disaster Studies will conduct multidisciplinary research to address intriguing challenges with complex but creative approaches incorporating the fields of engineering, socioeconomics, and art.
The group will investigate topics such as▲ surface and marine changes to the Earth by applying satellite data ▲disaster prediction and governance system building through AI modeling ▲sustainable housing, transportation, and lifestyles ▲ engineering and artistic approaches for envisioning a new future for humankind and the Earth.
Professor Buhm Soon Park, who is in charge of the center, said, “This pioneering research work will inspire the re-creation of a new paradigm of convergence studies in science, engineering, humanities, and social science. We will contribute to making the world better by designing new technologies and social policies.
2018.06.05 View 11609 -
2018 KAIST Research Day Honors Outstanding Research Achievements
(KAIST President Sung-Chul Shin and Professor Jong-Hwan Kim) Professor Jong-Hwan Kim from the School of Electrical Engineering was recognized at the 2018 KAIST Research Day as the Research Grand Prize Awardee. The ten most distinguished research achievements of the past year were also recognized.
The Research Grand Prize recognizes the professor whose comprehensive research performance evaluation indicator was the highest over the past five years. The indicator combines the number of research contracts, IPR and royalty income.
During the May 25th ceremony, Professor Hyochoong Bang from the Department of Aerospace Engineering and Professor In so Kweon from the School of Electrical Engineering also won the Best Research Award prize.
This year, the Research Innovation Award went to Professor Dong Soo Han from the School of Computing. The Research Innovation Award combines scores in the categories of foreign patent registrations, contracts of technological transfer, and income from technology fees, technology consultations, and startups.
The Convergence Research Award was given to Professor Junmo Kim from the School of Electrical Engineering and Professor Hyun Myung from the Department of Civil & Environmental Engineering. The Convergence Research Award recognizes the most outstanding research team that created innovative research results over a one-year period.
President Sung-Chul Shin said, “KAIST has selected the ten most outstanding research achievements of 2017 conducted by our faculty and researchers. All of them demonstrated exceptional creativity, which opens new research paths in each field though their novelty, innovation, and impact.”
KAIST hosts Research Day every year to introduce major research performances at KAIST and share knowledge about the research and development.
During Research Day, KAIST also announced the ten most distinguished research achievements contributed by KAIST professors during the previous year. They are listed below.
▲ High-Speed Motion Core Technology for Magnetic Memory by Professor Kab-Jin Kim from the Department of Physics
▲ A Double Well Potential System by Professor Jaeyoung Byeon from the Department of Mathematical Sciences
▲ Cheap and Efficient Dehydrogenation of Alkanes by Professor Mu-Hyun Baik from the Department of Chemistry
▲ A Dynamic LPS Transfer Mechanism for Innate Immune Activation by Professor Ho Min Kim from the Graduate School of Medical Science and Engineering
▲ A Memristive Functional Device and Circuit on Fabric for Fibertronics by Professor Yang-Kyu Choi and Professor Sung-Yool Choi from the School of Electrical Engineering
▲ A Hippocampal Morphology Study Based on a Progressive Template Deformable Model by Professor Jinah Park from the School of Computing
▲ The Development of a 6-DOF Dynamic Response Measurement System for Civil Infrastructure Monitoring by Professor Hoon Sohn from the Department of Civil and Environmental Engineering
▲ Cooperative Tumour Cell Membrane Targeted Phototherapy by Professor Ji-Ho Park from the Department of Bio and Brain Engineering
▲ HUMICOTTA: A 3D-Printed Terracotta Humidifier by Professor Sangmin Bae from the Department of Industrial Design
▲ Ultrathin, Cross-Linked Ionic Polymer Thin Films by Professor Sung Gap Im from the Department of Chemical and Biomolecular Engineering
2018.05.28 View 10959 -
The First Recipient of the KPS Award in Plasma Physics
( Research Professor Sanghoo Park)
Research Professor Sanghoo Park received the Young Researcher Award in Plasma Physics during the Korean Physical Society (KPS)’s Spring Meeting from April 25 to 27.
He is a KAIST graduate with a PhD in Physics and currently holds the position of research professor in the Department of Nuclear and Quantum Engineering.
The Young Researcher Award in Plasma Physics is given to a specialist in plasma who has the potential to make a contribution to plasma and accelerator physics in Korea.
Professor Park has gained recognition for his work, including awards, publications in 24 journals, and 12 technical patent registrations of plasma, which led to his selection as the recipient of this award.
He is now conducting a leading role in this field nationally and internationally by delving into the study of partially-ionized plasma.
Professor Park said, “It is my great honor to become the first recipient of the Young Researcher Award in Plasma Physics. I will continue to engage in research to develop the field of plasma in Korea.”
2018.05.08 View 6467 -
Professor Hee-Sung Park Named Scientist of May
(Professor Hee-Sung Park)
Professor Hee-Sung Park from the Department of Chemistry was named ‘Scientist of May’ sponsored by the Ministry of Science and ICT and the National Research Foundation of Korea. Professor Park was honored in recognition of his developing a tool to engineer designer proteins via diverse chemical modifications. This approach provides a novel platform for investigating numerous diseases such as cancer and dementia.
His research focuses on the production of synthetic proteins and the generation of diverse protein functions as well as the designing and engineering of new translation machinery for genetic code expansion, and the application of synthetic biology techniques for basic cell biology and applied medical science.
Post-translational modifications (PTMs) are constantly taking place during or after protein biosynthesis. PTMs play a vital role in expanding protein functional diversity and, as a result, critically affect numerous biological processes. Abnormal PTMs have been known to trigger various diseases including cancer and dementia. Therefore, this technology enables proteins to reproduce with specific modifications at selected residues and will significantly help establish experimental strategies to investigate fundamental biological mechanisms including the development of targeted cancer therapies.
Professor Park also received 10 million KRW in prize money.
2018.05.04 View 9716 -
Undergrad's Paper Chosen as the Cover Article in Soft Matter
(from left: Research Professor KyuHan Kim and Undergrad Student Subeen Kim)
A KAIST undergraduate student, Subeen Kim, had his paper chosen as the cover article in an international journal during his senior year.
There have been an increasing number of undergraduate students who were published as the first author because the KAIST Undergraduate Research Participation program allows more active research participation by undergraduate students.
Through URP, Kim successfully published his paper in the internationally-renowned journal, Soft Matter, which is published by the Royal Society of Chemistry, and it was chosen as the cover article of that journal in February 2018.
This publication means a lot to him because he designed the cover image himself, based on his imagination and observations.
His research is about controllable one-step double emulsion formation. Double emulsion is a system in which dispersed droplets contain additional immiscible liquid droplets.
Having great retention ability, double emulsion has been used in various applications in the food industry, in cosmetics, and for drug delivery. Nevertheless, two-step emulsification is a conventional approach to produce double emulsions that typically leads to partial destabilization of the emulsion formed during the initial stage. Hence, it does not ensure the stability of a double emulsion. On the other hand, a microfluidic approach with various flow-focusing techniques has been developed, but it has low production efficiency and thus limited industrial applications.
Kim’s results came from the process of phase inversion to solve this problem. He identified the instant formation of double emulsions during the process of phase inversion. Based on this finding, he proposed criteria to achieve high stability of double emulsion.
Through constant research, he developed a quite general method using a combination of an oil soluble poly methyl methacrylate (PMMA) and hydrophobic silica nanoparticle (HDK H18). This new method enables one-step and stable production of double emersions in a stable manner. It also allows control of the number and the volume of inner oil droplets inside the outer water droplets by adjusting PMMA and HDK H18.
Kim enrolled at KAIST as a KAIST Presidential Fellowship and Presidential Science Scholarship in 2014. While studying both chemical and biomolecular engineering and chemistry he has been developing his hypothesis and conducting research.
He was able to begin conducting research because he has taken part in URP projects twice. In his sophomore year, he studied the formation of high internal phase double emulsions. After one year, he conducted research to produce superabsorbent resins, which are the base material for diapers, by using colloid particles. Using partial research outcomes, he published his paper in Nature Communications as a second author.
Kim said, “Double majoring the chemical and biomolecular engineering and chemistry has helped me producing this outcome. I hope that this research contributes to commercializing double emulsions. I will continue to identify accurate principles to produce chemicals that can be controlled exquisitely.”
Figure 1. The cover article of Soft Matter
2018.05.03 View 10534 -
Cross-Generation Collaborative Labs Open
KAIST opened two cross-generation collaborative labs last month. This novel approach will pair up senior and junior faculty members for sustaining research and academic achievements even after the senior researcher retires.
This is one of the Vision 2031 innovation initiatives established to extend the spectrum of knowledge and research competitiveness. The selected labs will be funded for five years and the funding will be extended if necessary. KAIST will continue to select new labs every year.
A five-member selection committee including the Nobel Laureates Professor Klaus Von Klitzing at the Max-Planck Institute for Solid State Research and Dr. Kurt Wüthrich from ETH Zürich selected the first two labs with senior-junior pairs in March.
(Two renowned scholars' Cross-Generation Collaborative Labs which opened last month.
Distinguished Professor Lee's lab (above) andChair Professor Sung's lab)
Both labs are run by world-renowned scholars: the Systems Metabolic Engineering and Systems Healthcare Laboratory headed by Distinguished Professor Sang-Yup Lee in the Department of Chemical and Biomolecular Engineering and the Acousto-Microfluidics Research Center for Next-Generation Healthcare led by Chair Professor Hyung Jin Sung in the Department of Mechanical Engineering.
Distinguished Professor Lee will be teamed up with Professor Hyun Uk Kim, and their lab aims to mass produce new eco-friendly chemical materials as well as higher-value-added materials which will be used for medicine. The new platform technologies created in the lab are expected to provide information which will benefit human healthcare.
Meanwhile, the Acousto-Microfluidics Research Center for Next-Generation Healthcare will team up with Professors Hyoungsoo Kim and Yeunwoo Cho under Chair Professor Sung. The lab will conduct research on controlling fluids and objects exquisitely on a micro-nano scale by using high-frequency acoustic waves. The lab plans to develop a next-generation healthcare platform for customized diagnoses as well as disease treatment.
KAIST President Sung-Chul Shin, who introduced this novel idea in his research innovation initiative, said that he hopes the Cross-Generation Collaborative Labs will contribute to honoring senior scholars’ research legacies and passing knowledge down to junior researchers in order to further develop their academic achievements. He said, “I sincerely hope the labs will make numerous research breakthroughs in the very near future.”
2018.05.03 View 11454 -
KAIST to Host FinTech Conference 2018
KAIST will be hosting a FinTech Conference with Princeton University (USA), Tsinghua University (China), and EDHEC Business School (France) in Seoul from April 12 to 13 titled State of the Art in Robo-Advising Systems: Financial Technologies for Enhanced Social Security.
The Bendhein Center for Finance and Department of Operations Research and Financial Engineering from Princeton University, Fintech Lab from Tsinghua University, and the Risk Institute from EDHEC will participate as co-hosting organizations in this conference organized by the Department of Industrial & Systems Engineering and the KAIST Center for Wealth Management Technologies.
The conference will discuss issues required for providing customized asset management to the public in terms of theory, technology, and industry.
During the conference, KAIST President Sung-Chul Shin and Chairman and CEO of the National Pension Service Sung Joo Kim will deliver welcoming addresses.
Professor John Mulvey from Princeton University, Professor Michael Dempster from Cambridge University, Professors Wei Xu and Changle Lin from Tsinghua University, Professor Lionel Martellini from EDHEC, and Professor Woo Chang Kim from KAIST are some of the invited speakers at the event.
Moreover, renowned experts in related fields will also participate in the conference, including Founder of Vanguard Group John Bogle, Jin Lee from Ant Financial, Youngsuh Cho from Shinhan Financial Group, Jung-Hwan Lee from Samsung Asset Management, and Hye Young Sung from the National Pension Service Research Institute.
Professor Kim said, “Only a small number of wealthy people can receive life-cycle customized asset management services due to the high cost structure; however, new technology derived from the Fourth Industrial Revolution can reduce the service price in an innovative manner, ultimately leading it to be popularized.”
“In an era with the poverty rate of older people reaching almost 50%.Fintech can enable individuals to manage their assets in an active manner, reinforcing social security without additional social costs in the period,” he added.
These four universities have been hosting the FinTech Conference since 2017. China will host the conference this fall, followed by France next year.
Samsung Asset Management, Alibaba Group, and Ant Financial will sponsor the conference. Anyone interested in this event can find more details at http://wmt.kaist.ac.kr/conference.html.
2018.04.02 View 8040