Autonomous Resource Request Transaction Framework Based on Blockchain in Social Network

Abstract

Currently, blockchain technology has been widely researched and is being applied to many other fields, such as financial transactions, E-government, logistics, and supply-chain system. It can be used to store and maintain transaction data through the de-centralized model. In this paper, we propose an autonomous resource request transaction framework based on blockchain in a social network, in which all kinds of resources in the social community can be traded through blockchain technology. When a user needs to acquire some resources from a community, the user may make a transaction with the members from the community through blockchain technology while the members autonomously negotiate each other to reach an agreement. The proposed framework provides an incentive mechanism to encourage community members to disseminate the resources through a smart contract.