Raymond Chan

Dr. Raymond Chan

orcid

Research Focus & Metrics

Academic Career Length

8Years (2019-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

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17 January 2025 in Risks
Verified
Journal Article
Open access
PDF file
ZLZhi Zhan Lua
Zhi Zhan Lua
Cheekiat SeowCheekiat Seow
Cheekiat Seow
RCRaymond Chan
Raymond Chan
YCYiyu Cai
Yiyu Cai
QCQi Cao
Qi Cao
Distributed ledger technology (DLT) and cryptocurrency have revolutionized the financial landscape and relevant applications, particularly in investment opportunities. Despite its growth, the market’s volatility and technical complexities hinder widespread adoption. This study proposes a cryptocurrency trading system powered by advanced machine learning (ML) models to address these challenges. By leveraging random forest (RF), long short-term memory (LSTM), and bi-directional LSTM (Bi-LSTM) models, the cryptocurrency trading system is equipped with strong predictive capacity and is able to optimize trading strategies for Bitcoin. The up-to-date price prediction information obtained by the machine learning model is incorporated by custom oracle contracts and is transmitted to portfolio smart contracts. The integration of smart contracts and on-chain oracles ensures transparency and security, allowing real-time verification of portfolio management. The deployed cryptocurrency trading system performs these actions automatically without human intervention, which greatly reduces barriers to entry for ordinary users and investors. The results demonstrate the feasibility of creating a cryptocurrency trading system, with the LSTM model achieving a return on investment (ROI) of 488.74% for portfolio management during the duration of 9 December 2022 to 23 May 2024. The ROI obtained by the LSTM model is higher than the performance of Bitcoin at 234.68% and that of other benchmarking models with RF and Bi-LSTM over the same timeframe. This approach offers significant cost savings, transparent portfolio management, and a trust-free platform for investors, paving the way for broader cryptocurrency adoption. Future work will focus on enhancing prediction accuracy and achieving greater decentralization.

4 December 2023 in Frontiers in the Internet of Things
Verified
Journal Article
Open access
RCRaymond Chan
Raymond Chan
WYWye Kaye Yan
Wye Kaye Yan
JMJung Man Ma
Jung Man Ma
KLKai Mun Loh
Kai Mun Loh
TYTan Yu
Tan Yu
TPThong Chee Phua
Thong Chee Phua
Deployment of IoT devices into an existing control system has increasingly become a new norm in recent years. Traditional approach of installing a new device into the system involves creating a separate network or infrastructure to ensure that the newly added devices do not affect the current system. However, this may not be the optimal solution for IoT devices, as they are designed to integrate and communicate with the existing systems. Therefore, it is important to understand how to properly deploy IoT devices and address the concerns of engineers. This research shares valuable experiences in deploying and integrating IoT devices into a campus Building Management System It covers considerations and requirements for the devices, as well as the deployment and integration challenges encountered during the process. These valuable experiences can serve as a useful reference for the industry when they need to install IoT devices in their infrastructure.

19 November 2019
Verified
Book Chapter
Closed access
RCRaymond Chan
Raymond Chan
KCKam-Pui Chow
Kam-Pui Chow
RCRaymond Chan
Raymond Chan

18 September 2023
Verified
Conference Paper
Open access
JLJeannie Su Ann Lee
Jeannie Su Ann Lee
AYAdriel Yeo
Adriel Yeo
BKBenjamin Wei Jie Kwok
Benjamin Wei Jie Kwok
ZWZi Feng Wong
Zi Feng Wong
EPEmran Poh
Emran Poh
RCRaymond Chan
Raymond Chan
This demo presents a virtual reality (VR) environment developed for evaluating signalized and unsignalized intersection scenarios using low cost head-mounted devices (HMD). Prior work focused on VR simulations that re-create less complex scenarios for the evaluation of different autonomous vehicle (AV) behavior and external human-machine interfaces (eHMIs). The proposed VR environment allows participants to walk across multiple road lanes, and experience and interact with high fidelity simulated traffic scenarios, including signalized and unsignalized intersections at 1:1 scale, with vehicular traffic making turns, and providing audio feedback. This simulation can be used for conducting user studies to test AV eHMIs or behavior interventions with participants.

15 December 2020
Verified
Book Chapter
Closed access
PDF file
RCRaymond Chan
Raymond Chan
FTForest Tan
Forest Tan
UTUlric Teo
Ulric Teo
BKBrandon Kow
Brandon Kow