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Social Network Analysis and Mining

SocialFi transforms social media: an overview of key technologies, challenges, and opportunities of the future generation of social media

  • 01-12-2023
  • Review Paper
Published in:
Authors
Azadeh Imani Rad
Saeed Banaeian Far
Published in
Social Network Analysis and Mining | Issue 1/2023

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Abstract

The article delves into the evolution of social media from Web 2.0 to the emerging SocialFi, which leverages blockchain technology to address the limitations of traditional centralized platforms. It discusses key technologies such as blockchain, decentralized finance (DeFi), and non-fungible tokens (NFTs) that power SocialFi. The author also highlights the challenges and opportunities associated with this new paradigm, including scalability, security, and regulatory issues. The article concludes by outlining future directions for SocialFi, emphasizing the importance of state-of-the-art technologies and practical implementation. This comprehensive exploration of SocialFi offers valuable insights for professionals and researchers interested in the future of social media and blockchain technology.
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previous article Measuring group leadership in networks based on Shapley value
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Title
SocialFi transforms social media: an overview of key technologies, challenges, and opportunities of the future generation of social media
Authors
Azadeh Imani Rad
Saeed Banaeian Far
Publication date
01-12-2023
Publisher
Springer Vienna
Published in
Social Network Analysis and Mining / Issue 1/2023
Print ISSN: 1869-5450
Electronic ISSN: 1869-5469
DOI
https://doi.org/10.1007/s13278-023-01050-7
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