Browse > Article
http://dx.doi.org/10.15207/JKCS.2020.11.2.109

A Proposal of Interoperability between Social Media and Blockchain-based Smart Contract System for Artwork Trading  

Lee, Eun Mi (Department of Art & Design, Sahmyook University)
Publication Information
Journal of the Korea Convergence Society / v.11, no.2, 2020 , pp. 109-116 More about this Journal
Abstract
Social media is growing rapidly as a means of promoting artists' artworks and a channel for sales. However, since social media is not fundamentally a platform designed for trading, it has various limitations that make it difficult to ensure trust and security in carrying out transactions. In this paper, it is proposed interoperability between social media and blockchain-based smart contract system that can record and preserve the artist's profile, information related to artworks and details of the contract on the blockchain. The proposed interoperability allows artwork trading participants on social media to maintain mutual trust and to conduct the contract transparently. Also, the proposed interoperability consists of an API provided by the social media developer or an open source API without having to modify existing social media. This study is expected to contribute to the growth of the art trading market on social media by complementing the art trading practices on social media.
Keywords
Social Media; Artwork; Blockchain; Smart Contract; Interoperability;
Citations & Related Records
Times Cited By KSCI : 8  (Citation Analysis)
연도 인용수 순위
1 K. Y. Lin & H. P. Lu, (2011). Why people use social networking sites: An empirical study integrating network externalities and motivation theory. Computers in human behavior, 27(3), 1152-1161. DOI : 10.1016/j.chb.2010.12.009   DOI
2 A. A. Alalwan, N. P. Rana, Y. K. Dwivedi, & R. Algharabat. (2017). Social media in marketing: A review and analysis of the existing literature. Telematics and Informatics, 34(7), 1177-1190. DOI : 10.1016/j.tele.2017.05.008   DOI
3 A. Visone. (2016). The impact of online and social media platforms in the art market: A case study on Instagram. Doctoral dissertation, Sotheby's Institute of Art-New York. DOI : 10.2139/ssrn.3385162
4 A. Longshore. (2019). Instagram of Ashley Longshore. [Online]. https://www.instagram.com/ashleylongshoreart/
5 C. Rice. (2019). Meet the female 'artpreneur' making a splash online. [Online]. https://www.bbc.com/news/business-43499698
6 O. Fleming. (2014). Why the World's Most Talked-About New Art Dealer Is Instagram.. [Online]. https://www.vogue.com/article/buying-and-selling-art -on-instagram
7 M. O. Oh. (2017, December). An Easy Reading Story of Blockchain. Micro Software, 390, 30-39
8 J. Nam & H. Yang. (2017, August). A Study on Improvement of Housing Bond Information Relay System Using Blockchain. Journal of Digital Convergence, 15(8), 203-212. DOI : 10.14400/JDC.2017.15.8.203   DOI
9 J. Yang. (2018). A Study on the Effect of Block Chain Application and Legal Issue in Logistics Industry. Journal of Convergence for Information Technology, 8(1), 203-212. DOI : 10.22156/CS4SMB.2018.8.1.187
10 H. Mun. (2018). Biometric Information and OTP based on Authentication Mechanism using Blockchain. Journal of Convergence for Information Technology, 8(3), 85-90.   DOI
11 I. Lee. (2018). A Study on Blockchain Networking for Internet of Things. Journal of Digital Convergence, 16(8), 201-210. DOI : 10.22156/CS4SMB.2018.8.3.085   DOI
12 G. David, K. Oosterlinck, & A. Szafarz. (2013). Art market inefficiency. Economics Letters, 121(1), 23-25. DOI : 10.1016/j.econlet.2013.06.033   DOI
13 E. Lee. (2018). Analysis of Applications Trend in Blockchain -focused on art and design-. Journal of Basic Design & Art, 19(4), 337-348. DOI : 10.15207/JKCS.2018.9.10.209
14 E. Lee, (2018). A Proposal on Blockchain-based Artwork Trading System for Popularization of Fine Art. Journal of the Korea Convergence Society, 19(4), 209-215. DOI : 10.15207/JKCS.2018.9.10.209
15 A. Opidi. (2019). Top 10 Best Scraping APIs: Scraper Box API, Scraper API, and Many Others. [Online]. https://blog.api.rakuten.net/top-scraping-apis/
16 Facebook. (2019). Instagram Platform. [Online]. https://developers.facebook.com/products/instagram/
17 Ramtinak (2019). InstagramApiSharp. [Online]. https://github.com/ramtinak/InstagramApiSharp
18 L. W. Cong & Z. He. (2019). Blockchain disruption and smart contracts. The Review of Financial Studies, 32(5), 1754-1797. DOI : 10.1093/rfs/hhz007