Have you ever heard about the new perspectives of the social currency or something like that? Before the question is answered, we are needed to know some interesting facts about how we get into the digital realms and social networking today, either for entertainment or business purpose.
Well, it is needless to say that we can upload your recent photo shot of Twitter or Facebook without any delay and the world will see it the instant you uploaded it. On the other hand, when you start chatting with the people and community members on the social media platforms, you are also creating a separate identity for you. The world will know who and how you are and it will leave no stone unturned in getting the essence of your trails that you just left behind out of the conversation.
Social currency is nothing but your identity which you have framed while connecting yourself to the different social media channels, digital platforms, online transactions, photo galleries, you’re searching results and of course, visiting different websites. It is nothing but the collection of your activities on daily basis like tweets, comments and likes that you accomplish through the internet. A trial of data will be left behind if you are indulged in such an online business and there will be a single company or individual who will keep the records. The perfect and latest example is Tobias Leingruber, a German artist who was capable of generating new physical identification cards that were solely based on the profile data of Facebook.
In this way, we see that the personal traits like reliability, confidence and trustworthiness that were once intangible to calculate in the past is now very easy. Your authentication on the web will simply show off your resume which has not been planned. What it refers today to the customers is that we are getting more responsible and accountable as internet users. You can also consider the top benefits of social currency in the present scenario which cannot be neglected at any cost –
- The level of collaboration and connectedness automatically increases through the social currency. You can simply take note of the carpooling.com where professionals know everything about the stranger that will be sharing the car driving seats with you.
- On the other hand, it is the social currency which compels a person to behave and act according to the rules and guidelines. When it comes to the sales on Amazon or eBay, people are very afraid of the poor credit rating. It may happen that with every one-point loss, your selling ratio may reduce by 10% and the buyers will certainly take note of your credit rating. The social netw3orking builds an unexpected level of trust in strangers.
Today, we are required to revise the metrics which measure and define the realm of social currency. It can be simply used as the most legitimate and a powerful tool in boosting the marketplace and its reliability in the world. The time demands now for the top level transparency, and rewards; for having the excellent social currency.