Digital Advertisements

The Complete Blockchain Professional Course Bonus: Blockchain Use Cases in Media and Entertainment
3 minutes
Share the link to this page
Copied
  Completed
You need to have access to the item to view this lesson.
One-time Fee
$99.99
List Price:  $139.99
You save:  $40
€93.47
List Price:  €130.87
You save:  €37.39
£79.12
List Price:  £110.77
You save:  £31.65
CA$136.80
List Price:  CA$191.52
You save:  CA$54.72
A$153.03
List Price:  A$214.24
You save:  A$61.21
S$136.24
List Price:  S$190.75
You save:  S$54.50
HK$782.75
List Price:  HK$1,095.89
You save:  HK$313.13
CHF 90.39
List Price:  CHF 126.55
You save:  CHF 36.16
NOK kr1,103.76
List Price:  NOK kr1,545.32
You save:  NOK kr441.55
DKK kr697.01
List Price:  DKK kr975.84
You save:  DKK kr278.83
NZ$168.36
List Price:  NZ$235.71
You save:  NZ$67.35
د.إ367.25
List Price:  د.إ514.16
You save:  د.إ146.91
৳11,001.09
List Price:  ৳15,401.97
You save:  ৳4,400.87
₹8,339.41
List Price:  ₹11,675.50
You save:  ₹3,336.09
RM476.70
List Price:  RM667.40
You save:  RM190.70
₦132,134.22
List Price:  ₦184,993.20
You save:  ₦52,858.97
₨27,905.82
List Price:  ₨39,069.27
You save:  ₨11,163.44
฿3,697.97
List Price:  ฿5,177.30
You save:  ฿1,479.33
₺3,250.47
List Price:  ₺4,550.79
You save:  ₺1,300.31
B$511.57
List Price:  B$716.23
You save:  B$204.65
R1,877.82
List Price:  R2,629.02
You save:  R751.20
Лв182.79
List Price:  Лв255.92
You save:  Лв73.12
₩137,795.03
List Price:  ₩192,918.56
You save:  ₩55,123.52
₪381.78
List Price:  ₪534.51
You save:  ₪152.73
₱5,764.02
List Price:  ₱8,069.86
You save:  ₱2,305.84
¥15,807.91
List Price:  ¥22,131.71
You save:  ¥6,323.80
MX$1,715.83
List Price:  MX$2,402.24
You save:  MX$686.40
QR365.49
List Price:  QR511.70
You save:  QR146.21
P1,379.76
List Price:  P1,931.72
You save:  P551.96
KSh13,280.92
List Price:  KSh18,593.82
You save:  KSh5,312.90
E£4,785.67
List Price:  E£6,700.13
You save:  E£1,914.46
ብር5,752.60
List Price:  ብር8,053.87
You save:  ብር2,301.27
Kz83,397.65
List Price:  Kz116,760.05
You save:  Kz33,362.40
CLP$95,187.41
List Price:  CLP$133,266.18
You save:  CLP$38,078.77
CN¥724.48
List Price:  CN¥1,014.31
You save:  CN¥289.82
RD$5,876.15
List Price:  RD$8,226.85
You save:  RD$2,350.69
DA13,419.92
List Price:  DA18,788.43
You save:  DA5,368.50
FJ$226.22
List Price:  FJ$316.72
You save:  FJ$90.50
Q779.62
List Price:  Q1,091.50
You save:  Q311.88
GY$20,970.66
List Price:  GY$29,359.76
You save:  GY$8,389.10
ISK kr14,012.52
List Price:  ISK kr19,618.09
You save:  ISK kr5,605.56
DH1,012.51
List Price:  DH1,417.55
You save:  DH405.04
L1,776.81
List Price:  L2,487.61
You save:  L710.79
ден5,750.48
List Price:  ден8,050.91
You save:  ден2,300.42
MOP$808.27
List Price:  MOP$1,131.61
You save:  MOP$323.34
N$1,891.23
List Price:  N$2,647.80
You save:  N$756.57
C$3,688.83
List Price:  C$5,164.51
You save:  C$1,475.68
रु13,363.42
List Price:  रु18,709.33
You save:  रु5,345.90
S/376.55
List Price:  S/527.19
You save:  S/150.63
K386.91
List Price:  K541.69
You save:  K154.78
SAR375
List Price:  SAR525.02
You save:  SAR150.01
ZK2,656.27
List Price:  ZK3,718.89
You save:  ZK1,062.61
L465.65
List Price:  L651.93
You save:  L186.28
Kč2,349.23
List Price:  Kč3,289.02
You save:  Kč939.78
Ft36,664.08
List Price:  Ft51,331.18
You save:  Ft14,667.09
SEK kr1,088.81
List Price:  SEK kr1,524.39
You save:  SEK kr435.57
ARS$87,581.58
List Price:  ARS$122,617.72
You save:  ARS$35,036.13
Bs695.16
List Price:  Bs973.25
You save:  Bs278.09
COP$396,484.19
List Price:  COP$555,093.74
You save:  COP$158,609.54
₡50,931.67
List Price:  ₡71,306.37
You save:  ₡20,374.70
L2,475.19
List Price:  L3,465.37
You save:  L990.17
₲746,363.69
List Price:  ₲1,044,939.03
You save:  ₲298,575.33
$U3,863.50
List Price:  $U5,409.05
You save:  $U1,545.55
zł402.98
List Price:  zł564.19
You save:  zł161.21
Already have an account? Log In

Transcript

Another problem faced by the media industry is related to digital advertisements. The online advertisements are facing a much bigger fraud, which is ad fraud. A multi billion dollar problem concerning the practices of fraudulently representing online advertisement impressions, clicks, conversion, or data events to generate revenue. A solution for such a problem is to set up a inter operable, open protocol built over a public blockchain. A smart contract can be initiated on the blockchain that maintains and stores the record of all the publisher domain names accredited as non fraudulent. holders of the tokens over the blockchain can perform the accreditation Moreover, the ledger can be challenged and updated in case a false entry has been made.

It will also maintain all the history Have entries on the system. In this way, we will make sure that only the non fraudulent and accredited publishers are stored for digital advertisements. Moreover, if somehow a fraudulent publisher is added to the ledger, then we can still challenge that publisher. The benefit of using such a solution is that it will provide transparency for the advertiser. The incentives for artificially inflating supply volume for advertisements will also be reduced by employing such a solution. Now let's visualize this use case with the help of a diagram.

As you can see in this diagram, we are maintaining a domain registry, which has been stored over the blockchain. It has the list of domains and the status of the domains available. This list shows whether a domain is an accredited domain or a fraudulent one. The proof status of these domains is provided by the accreditation committee, who is also the holder of the tokens. The accreditation committee put its vote as per tokens it is holding over the domain name. The committee is performing a similar operation as delegated proof of steak and verifying domains.

Once a domain receives the number of desired votes, it will be stored immutably over the blockchain. Moreover, sites can also apply to be added to the domain registry, where they pay a specific amount of payment to initiate the verification process. They can also use domain registry by paying a particular amount and get the list of approved domains for advertisements. The safety vendors and users can challenge the domain registry to by providing the details of how a side domain is not suitable for digital advertisements.

Sign Up

Share

Share with friends, get 20% off
Invite your friends to LearnDesk learning marketplace. For each purchase they make, you get 20% off (upto $10) on your next purchase.