BLOCKCHAIN
Eddy Widerker
DISCLAIMER
•This is NOT financial advice.
•Nothing I say is meant to be a
recommendation to buy or sell any financial
instrument.
•Don't invest money you can't afford to lose. I
am not responsible for your investments.
•I think bitcoin, cryptocurrency, and
blockchain like technologies are fascinating
and worth learning about.
BLOCKCHAIN
EXPLAINED
FIRST IMPLEMENTATION OF THE
BLOCKCHAIN WAS BITCOIN
WHAT Bitcoin
does is nothing
special
HOW Bitcoin
works is
revolutionary
BITCOIN WHITEPAPER 10/31/2008
BITCOIN WHITEPAPER 10/31/2008
SATOSHI
NAKAMOTO
WHAT IS A BLOCKCHAIN?
“A database or a ledger that maintains a
continuously growing list of data records or
transaction”
Sooo, it’s like a spreadsheet, like Excel?
SHARED PUBLICLY
Servers, or nodes, maintain the
entries (known as blocks) and
every note sees the transaction
data stored in the blocks when
created.
FEATURE 1
Public transaction records (blockchain.info)
Global Node network
DECENTRALIZED
There is no central authority
required to approve
transactions and set rules.
FEATURE 2
CENTRALIZED DECENTRALIZED
SECURE
The database is an immutable
and irreversible record. Posts to
the ledger are cryptographically
signed and cannot be revised.
FEATURE 3
TRUSTED
Distributed nature of the
network requires computer
server to reach a consensus,
which allows for transactions to
occur between unknown
parties.
FEATURE 4
AUTOMATED
The software is written so that
conflicting or double
transactions do not become
written in the dataset and
transactions occur
automatically.
FEATURE 5 Smart Contract Example
EXAMPLE
BLOCKCHAIN TODAY
IS LIKE THE INTERNET IN 1994
BITCOIN PRICE INCREASE
1 BTC = 15,005 USD
BITCOIN PRICE INCREASE
BITCOIN PRICE INCREASE
1,700 BTC = 25,508,500 USD
BLOCKCHAIN LANDSCAPE
BLOCKCHAIN
ADVERTISING&
SOLVE FOR FRAUD
(obvious use case)
Ad Stacking, Domain Spoofing, Pixel Stuffing & Kill Bots
EXAMPLES
AREAS OF DISRUPTION
TRANSPARENCY
E.g. Tracking of ad creative
and impression on the
blockchain to tracking
budgets and payments for
full client transparency
MONITIZATION
E.g. Content creators are
getting paid immediately by
impression via automated
smart contracts on the
blockchain
TRUST
E.g. Share data
anonymously across parties
without having a central
entity. This could be
leveraged for audience
targeting or modeling.
AREAS OF TRANSFORMATION
NEW PAYMENT
MODELS
CRYPTOGRAPHIC
IDENTITY PROOF
NO
IMPOSED
TRACKING
NEW
EXPERIANCES /
FUNCTIONALITES
TODAY
Advertisers pay
Google or Facebook
TOMORROW
Advertisers pay
individuals
Marketplaces where each user sets a fixed price for their guaranteed attention
PAYING FOR IMPRESSIONS ATTENTION
EXAMPLES
Blockchain to allow for
building of decentralized
applications, specifically for
use in the digital advertising
ecosystem.
Decentralized ad exchange
that utilizes Ethereum to
address problems like fraud,
privacy, and consent in the
digital advertising space.
Combines technologies from
blockchain, payments, and
adtech to bring transparency,
integrity, and auditability to
online advertising
EXAMPLES
Faktor, a Blockchain-based
identity management
platform that can be utilized
by publishers, advertisers,
and individual users.
Utilizes the Ethereum
blockchain to create a
token that can be used to
obtain a variety of
advertising and attention-
based services on a
purpose-built platform
Secures digital advertising
and protects publisher
identity and brand spend
using machine learning,
blockchain, and
encryption technologies
THANK YOU

Blockchain & Advertising

  • 1.
  • 5.
    DISCLAIMER •This is NOTfinancial advice. •Nothing I say is meant to be a recommendation to buy or sell any financial instrument. •Don't invest money you can't afford to lose. I am not responsible for your investments. •I think bitcoin, cryptocurrency, and blockchain like technologies are fascinating and worth learning about.
  • 6.
  • 7.
    FIRST IMPLEMENTATION OFTHE BLOCKCHAIN WAS BITCOIN WHAT Bitcoin does is nothing special HOW Bitcoin works is revolutionary
  • 8.
  • 9.
  • 10.
  • 11.
    WHAT IS ABLOCKCHAIN? “A database or a ledger that maintains a continuously growing list of data records or transaction” Sooo, it’s like a spreadsheet, like Excel?
  • 12.
    SHARED PUBLICLY Servers, ornodes, maintain the entries (known as blocks) and every note sees the transaction data stored in the blocks when created. FEATURE 1 Public transaction records (blockchain.info) Global Node network
  • 13.
    DECENTRALIZED There is nocentral authority required to approve transactions and set rules. FEATURE 2 CENTRALIZED DECENTRALIZED
  • 14.
    SECURE The database isan immutable and irreversible record. Posts to the ledger are cryptographically signed and cannot be revised. FEATURE 3
  • 15.
    TRUSTED Distributed nature ofthe network requires computer server to reach a consensus, which allows for transactions to occur between unknown parties. FEATURE 4
  • 16.
    AUTOMATED The software iswritten so that conflicting or double transactions do not become written in the dataset and transactions occur automatically. FEATURE 5 Smart Contract Example
  • 17.
  • 18.
    BLOCKCHAIN TODAY IS LIKETHE INTERNET IN 1994
  • 19.
    BITCOIN PRICE INCREASE 1BTC = 15,005 USD
  • 20.
  • 21.
    BITCOIN PRICE INCREASE 1,700BTC = 25,508,500 USD
  • 22.
  • 23.
  • 24.
    SOLVE FOR FRAUD (obvioususe case) Ad Stacking, Domain Spoofing, Pixel Stuffing & Kill Bots
  • 25.
  • 26.
    AREAS OF DISRUPTION TRANSPARENCY E.g.Tracking of ad creative and impression on the blockchain to tracking budgets and payments for full client transparency MONITIZATION E.g. Content creators are getting paid immediately by impression via automated smart contracts on the blockchain TRUST E.g. Share data anonymously across parties without having a central entity. This could be leveraged for audience targeting or modeling.
  • 27.
    AREAS OF TRANSFORMATION NEWPAYMENT MODELS CRYPTOGRAPHIC IDENTITY PROOF NO IMPOSED TRACKING NEW EXPERIANCES / FUNCTIONALITES
  • 28.
    TODAY Advertisers pay Google orFacebook TOMORROW Advertisers pay individuals Marketplaces where each user sets a fixed price for their guaranteed attention PAYING FOR IMPRESSIONS ATTENTION
  • 29.
    EXAMPLES Blockchain to allowfor building of decentralized applications, specifically for use in the digital advertising ecosystem. Decentralized ad exchange that utilizes Ethereum to address problems like fraud, privacy, and consent in the digital advertising space. Combines technologies from blockchain, payments, and adtech to bring transparency, integrity, and auditability to online advertising
  • 30.
    EXAMPLES Faktor, a Blockchain-based identitymanagement platform that can be utilized by publishers, advertisers, and individual users. Utilizes the Ethereum blockchain to create a token that can be used to obtain a variety of advertising and attention- based services on a purpose-built platform Secures digital advertising and protects publisher identity and brand spend using machine learning, blockchain, and encryption technologies
  • 31.