Brewing giant Anheuser-Busch InBev is aiming to shake up digital advertising supply chains with the help of blockchain technology.
The world's largest brewer has launched its first ad campaigns through the Kiip mobile marketing app, which uses ethereum's blockchain to record and track data.
The campaign, which started two weeks ago, has featured five of AB InBev's most popular brands, including Budweiser, Bud Light, Michelob Ultra, Limeatrita and Estrellas.
The campaign is built around Kiip's new blockchain product, which is designed to enhance transparency and tackle issues like mobile ad fraud by keeping the campaign database available to all players in mobile ad sales.
Different metrics - including impressions, engagement and price - are encoded on the ethereum blockchain, and AB InBev can track these ad activities every hour.
This approach reduces the amount of time that the campaign's organizers spend in tracking the metrics.
The new ad system is only AB InBev's latest move into the crypto space.
The Belgium-based behemoth joined a consortium to experiment with the blockchain technology for global shipping uses in March, as previously reported by CoinDesk.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
The World's Largest Brewer Is Using Ethereum to Track Ad Data
Publicado en Jun 19, 2018
by Coindesk | Publicado en Coinage
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