{"id":1510,"date":"2024-10-22T18:48:00","date_gmt":"2024-10-22T18:48:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1510"},"modified":"2024-10-22T18:48:00","modified_gmt":"2024-10-22T18:48:00","slug":"can-blockchain-disrupt-digital-ads-alkimis-decentralized-exchange-aims-to-transform-600-billion-industry","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1510","title":{"rendered":"Can Blockchain Disrupt Digital Ads? Alkimi&#8217;s Decentralized Exchange Aims To Transform $600 Billion Industry"},"content":{"rendered":"<div>\n<p>Advertising will reach approximately $667 billion globally in 2024, including the spike in advertising <a href=\"https:\/\/www.benzinga.com\/topic\/2024-presidential-election\">accompanying a U.S. Presidential election.<\/a><\/p>\n<p>According to an ISBA Programmatic Supply Chain Transparency study, <a href=\"https:\/\/www.ukaop.org\/assets\/downloads\/executive-summary-programmatic-supply-chain-transparency-study-1.pdf\">15%<\/a> of digital advertising spend is \u201cunattributable \u2014that\u2019s about one-third of supply chain costs.\u201d That is, advertisers don\u2019t know where that money has gone.<\/p>\n<p>Tech giant <strong>Google <\/strong>is facing scrutiny from the U.S. Federal Government, which is trying to break up parts of the company\u2019s advertising business. The Department of Justice  (DOJ) has alleged that Google has manipulated <a href=\"https:\/\/www.forbes.com\/sites\/tylerroush\/2024\/09\/09\/google-facing-lawsuit-over-online-ad-monopoly-today-weeks-after-major-court-loss-heres-what-to-know\/\">prices<\/a> for display advertising by acquiring online advertising firms such as DoubleClick, offering services that allow ad buyers to target users, and essentially forcing advertisers to use their services to compete for audience penetration.<\/p>\n<p><strong>Roughly 90% of online publishers use Google<\/strong> to display their advertisements, though Google argues competitors, including Meta and Amazon, give advertisers additional options.<\/p>\n<p>But if Web 2.0 big tech is creating a problem by limiting buyers\u2019 options, how can the Web 3.0 industry leverage the potential of blockchain to provide a better, more transparent, and more efficient solution for ad spending?<\/p>\n<p><strong>Also Read: <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41459950\/satflow-launches-bitcoin-dex-aimed-at-solving-mempool-sniping-in-ordinal-and-rune-trading\">Satflow Launches Bitcoin DEX Aimed At Solving Mempool Sniping In Ordinal And Rune Trading<\/a><\/strong><\/p>\n<p><strong>Blockchain Building a Better Ad Campaign<\/strong><\/p>\n<p>Enterprises outside of blockchain are realizing blockchain\u2019s potential to make advertising more transparent and efficient, and individual industries have begun to explore their own solutions.<\/p>\n<p>For example, in Q2 of 2024, luxury brands including <strong>Mo\u00ebt Hennessy Louis Vuitton<\/strong> (LVMH), <strong>Prada Group<\/strong>, <strong>Cartier<\/strong>, <strong>Mercedes-Benz<\/strong>, and <strong>OTB Group<\/strong> united to create the <a href=\"https:\/\/www.voguebusiness.com\/story\/technology\/how-the-aura-blockchain-consortium-convinced-luxury-competitors-to-collaborate\">Aura<\/a> Blockchain Consortium, a &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41464025\/can-blockchain-disrupt-digital-ads-alkimis-decentralized-exchange-aims-to-transform-600-bi\" alt=\"Can\" blockchain disrupt digital ads alkimi decentralized exchange aims to transform billion industry>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Advertising will reach approximately $667 billion globally in 2024, including the spike in advertising accompanying a U.S. Presidential election. According to an ISBA Programmatic Supply Chain Transparency study, 15% of digital advertising spend is \u201cunattributable \u2014that\u2019s about one-third of supply chain costs.\u201d That is, advertisers don\u2019t know where that money has gone. Tech giant Google [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1510","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1510"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1510\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}