The Paradoxical Effects of Blockchain Technology on Social Networking Practices

Raffaele Ciriello, Roman Beck, Jason Thatcher

    Publikation: Artikel i tidsskrift og konference artikel i tidsskriftKonferenceartikelForskningpeer review

    Abstract

    Blockchain technology is a promising, yet not well understood, enabler of large-scale societal and economic change. For instance, blockchain makes it possible for users to securely and profitably share content on social media platforms. In this study, we explore how blockchain enables and constrains social networking practices by means of an in-depth qualitative study of Steem, a major Blockchain Social Network (BSN). From that, we identify three paradoxical effects of BSN: 1) Freedom and Captivity, 2) Abundance and Scarcity, and 3) Peace and War. Via a dialectic synthesis of the three paradoxes, we theorize the effects of blockchain technology on social networking practices. We discuss theoretical implications for research on blockchain, social media, and online communities and define a path for research on BSN. We also discuss theoretical and practical implications by illustrating the paradoxical effects of using BSN and suggesting a ppropriate coping strategies.
    OriginalsprogEngelsk
    TidsskriftProceedings of the International Conference on Information Systems
    ISSN0000-0033
    StatusUdgivet - 2018

    Emneord

    • Blockchain Technology
    • Social Media Platforms
    • Qualitative Study
    • Blockchain Social Network
    • Paradoxical Effects

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