Transforming Digital Advertising with Blockchain Technology
The world of digital advertising is being disrupted by the innovative use of blockchain technology, thanks to Alkimi and the Sui Stack. This dynamic partnership introduces a groundbreaking, on-chain solution that enhances transparency and performance for enterprise advertisers and publishers alike.
What is Alkimi’s On-chain Advertising Platform?
Alkimi leverages blockchain technology to optimize advertising auctions, reconcile delivery, and process settlements directly on-chain. Built on the Sui Stack, this integrated system ensures privacy, scalability, and auditable execution records.
Through this platform, advertisers and publishers operate using the same shared datasets, eliminating discrepancies caused by fragmented reporting systems. In doing so, campaigns see reduced costs, higher performance, and minimized disputes thanks to cryptographic proof and automated settlements.
The Role of Sui Stack in Alkimi’s Success
The Sui Stack is a four-layer architecture that powers Alkimi’s system:
- Nautilus: Facilitates private executions within secure, trusted environments.
- Walrus: Manages advertising data to ensure scalability while preserving privacy.
- Sui: Acts as the verification and settlement layer for transparent, on-chain operations.
- Seal: Provides encryption and access control to meet compliance standards.
This structure ensures that ad auctions, delivery, and settlements remain synchronized, reducing reliance on intermediaries and manual reconciliation.
Boosting Campaign Performance
Enterprise brands, including leaders in technology, travel, and consumer goods, are already reaping the benefits of this transformative platform. For instance, Polestar leveraged on-chain connected TV campaigns to achieve increased sales intent and stronger brand association. Metrics like video viewability and completion rates approached total coverage, showcasing the efficiency of the platform. Similarly, campaigns for AWS reported lower costs per thousand impressions (CPM) and higher completion rates.
The transparency offered by Alkimi and Sui Stack ensures advertisers only pay for what is delivered, while publishers benefit from improved revenue streams.
Why It Matters for the Future of Digital Advertising
By introducing shared records and automated settlements, Alkimi demonstrates the immense potential of blockchain technology in reshaping a vital economic sector. Companies no longer need to rely on outdated systems or intermediaries that control data flows.
This innovative approach offers measurable outcomes, cost predictability, and compliance without sacrificing scalability or confidentiality. It’s a key step in moving real-world industries onto blockchain technology, setting a new standard for the digital advertising landscape.
Want to Stay Ahead in the Advertising Game?
Explore cutting-edge advertising solutions like Alkimi’s platform to see how blockchain technology can elevate your brand’s performance. For seamless campaign management and enhanced transparency, discover more about their services at their official website.
Learn more about Alkimi’s blockchain-based ad platform here.