The economy, the financial markets and the respective market infrastructures for payment services have their predominant social network aspects, as their main function is to interconnect different remote economic agents: i.e. people, business corporations, countries and geographic regions; and to settle their rational economic expectations in space and in time.
The social dimension of our economy is now being enhanced substantially by our modern technology opportunities to Internet, and also the respective information sharing features developed by online social media.
The social dimension of our economy is now being enhanced substantially by our modern technology opportunities to Internet, and also the respective information sharing features developed by online social media.
The political economy in general could be seen as a social network for online communication and interconnectivity, and hence a social internetwork for local, regional and global interdependence.
The social network economy for economic data transmission may enable more efficient and consistent transfer of capital, services and assets between different agents located somewhere in space and available in a concrete time-frame.
Without the efficient social networking concepts and the online features that enable us to internetwork, and therefore transmit data base sets and also exchange different goods, services and assets in space and in time, our economy shall become an abstract, non-productive and meaningless vocabulary definition.
The social network economy for economic data transmission may enable more efficient and consistent transfer of capital, services and assets between different agents located somewhere in space and available in a concrete time-frame.
Without the efficient social networking concepts and the online features that enable us to internetwork, and therefore transmit data base sets and also exchange different goods, services and assets in space and in time, our economy shall become an abstract, non-productive and meaningless vocabulary definition.
Author: Yorden Radev
EDUCATE, EMPOWER, ELEVATE
Prof. Bholanath Dutta
Visionary Edupreneur, Founder & President
MTC Global: An Apex Global Advisory
Body in Management Education
Cell: +91 96323 18178 / +91 81520 60465 / +91 7411716392
MTC GLOBAL- Educate, Empower, Elevate
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