Non-Fungible Token Enhanced Blockchain-Based Online Social Network

【Author】 Jadon, Shruti; Bhat, Karthikeya; Jenni, Karthikeya R.; Vedantha, Krishna; Likith, R. R.; Honnavalli, Prasad B.

【Source】IEEE ACCESS

【影响因子】3.476

【Abstract】In the current digital landscape, almost everyone is on social media or various social media platforms. People use social media for a plethora of purposes, which include staying connected with friends and family, accessing information and updates about ongoing events, entertainment, networking with professionals, expressing themselves to a wide range of users, promoting businesses, joining online communities and engaging in various activities which has led to an increase in the consumption and usage of online social networks (OSN). One of the reasons for such a growth is their features such as ubiquitous access, on-demand service, friendship networks, user engagement strategies like recommendation engines, etc. However, there are various limitations to the current approach, such as the centralization of control, lack of data ownership, poor access control, fake news, bot accounts, censorship, digital rights management issues, etc. To address these limitations, a paradigm shift is necessary. This paper aims to develop a social media application where every post can be converted to a Non-Fungible Token (NFT) and be sold to earn money. Interplanetary File System (IPFS) is used as the decentralized storage. Algorithms for all the functionalities of the applications are given along with an algorithm for a reputation score for every user and their posts in social media are also proposed.

【Keywords】Blockchains; Social networking (online); Nonfungible tokens; Servers; InterPlanetary File System; Fake news; Web sites; Distributed information systems; Open source software; Artificial neural networks; Cryptocurrency; Online social network; distributed social network; blockchain; non fungible tokens; IPFS; Ethereum

【发表时间】2024

【收录时间】2024-07-23

【文献类型】实验仿真

【主题类别】

区块链应用-虚拟经济-NFT