The World's Largest Brewer Is Using Ethereum to Track Ad Data

Brewing giant Anheuser-Busch InBev is hoping to make a splash in the digital advertising supply chain with the help of blockchain technology.

AccessTimeIconJun 19, 2018 at 7:05 p.m. UTC
Updated Aug 18, 2021 at 9:20 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

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 goal is to monitor and, eventually, expand the reach of a particular ad, according to a press release.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • 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. Meanwhile, the ad buyers can pay only for the ads that meet their criteria. 

    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.

    Image Credit: Shi Yali / Shutterstock.com

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.