Please describe your proposed solution.
The proposed solution aims to address compromised user privacy in digital advertising by developing a privacy-preserving ad targeting system. Our approach combines zero-knowledge compute (ZKC), multi-party computation (MPC), and Cardano smart contracts to ensure data privacy and deliver personalized ads without relying on third-party cookies.
Our project will engage stakeholders such as Profila (a publisher web app), Partisia Blockchain (providing ZKC and MPC capabilities), and Cardano (leveraging smart contracts). These collaborations will enable us to build a robust system that safeguards user data while providing personalized ad targeting based on the IAB dataset.
To demonstrate the impact, we will develop a functional prototype showcasing a simple flow of the privacy-preserving ad targeting system. Additionally, we will measure the system's ability to deliver personalized ads without compromising user privacy. These efforts will validate the effectiveness of our solution and its potential to revolutionize the digital advertising industry.
Our solution stands out due to its unique combination of zero-knowledge compute (ZKC), multi-party computation (MPC), and Cardano smart contracts. This integration ensures privacy-preserving ad targeting, personalized ad delivery, and secure data handling. Unlike traditional approaches reliant on third-party cookies, our solution offers a privacy-enhanced alternative that protects user data while delivering relevant ads.
Various stakeholders will benefit from our solution. Users will experience improved privacy, as their personal information remains secure and anonymous. Advertisers will benefit from enhanced targeting capabilities and improved trust among users. Publishers will have a competitive edge by offering privacy-preserving ad services. Additionally, Cardano, as a blockchain platform, benefits from the adoption of its smart contracts in the ad tech industry, demonstrating the platform's versatility and expanding its reach.
This solution is important to Cardano as it showcases the platform's capabilities beyond traditional finance. It highlights Cardano's potential to address real-world challenges in various industries, such as digital advertising. By providing a privacy-focused and decentralized solution, Cardano establishes itself as a leader in promoting secure and ethical practices in the digital ecosystem.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
Our proposed solution addresses the challenge by integrating multiple technologies, including Cardano and Partisia, to offer a privacy-preserving ad targeting system. By leveraging Cardano's smart contracts and integrating Partisia's multi-party computation (MPC) capabilities, we create a powerful solution that drives adoption and expands the use cases within the Cardano ecosystem.
This integration brings several benefits to the Cardano ecosystem:
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Expanded Use Cases: By incorporating Partisia's MPC capabilities, we unlock new possibilities for privacy-preserving computations within the Cardano ecosyste
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Cross-Blockchain Collaboration: The integration with Partisia showcases the potential for collaboration and interoperability between different blockchain platform
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Enhanced Privacy and Security: The combination of Cardano's smart contracts and Partisia's MPC ensures a robust and privacy-enhanced ad targeting system
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Industry Leadership: By integrating multiple technologies and facilitating privacy-preserving ad targeting, Cardano establishes itself as a leader in promoting secure and ethical practices in the digital advertising industr
In summary, our solution addresses the challenge by integrating Cardano and Partisia, delivering a privacy-preserving ad targeting system. This integration expands the use cases for Cardano, fosters cross-blockchain collaboration, enhances privacy and security, and positions Cardano as an industry leader in promoting secure and ethical practices.
How do you intend to measure the success of your project?
To measure the success of our project in the short term, we will consider the following simple measures for a Proof-of-Concept (PoC) implementation of one process:
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PoC Completion: Successfully completing the development and deployment of the privacy-preserving ad targeting PoC within the specified timeline and budge
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Functionality and Accuracy: Ensuring that the PoC demonstrates accurate and reliable ad targeting based on the IAB dataset, while preserving user privacy through the use of ZKCompute/MPC, and smart contracts for data consent.
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User Feedback: Collecting qualitative feedback from users, including publishers, advertisers, and ad recipients, to assess their satisfaction with the personalized ad targeting experienc
Regarding scalability and industry adoption, we will consider the following qualitative feedback and considerations:
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Stakeholder Feedback: Engaging with industry stakeholders, such as publishers, advertisers, and ad networks, to gather their feedback on the feasibility, effectiveness, and potential challenges of scaling the privacy-preserving ad targeting solution in real-world scenario
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Industry Reception: Assessing the level of interest and enthusiasm from the digital advertising industry toward adopting privacy-enhanced ad targeting solution
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Future Integration Opportunities: Exploring potential partnerships and integration opportunities with other industry players, such as demand-side platforms (DSPs) and supply-side servers, to facilitate seamless integration and adoption of the privacy-preserving ad targeting solution on a larger scal
By focusing on these simple measures and gathering qualitative feedback from stakeholders, we can assess the success of the PoC implementation and gather valuable insights on the scalability and potential adoption of the solution in the digital advertising industry. This feedback will guide future iterations and improvements to ensure the solution meets industry needs and drives widespread adoption.
The innovation of our privacy-preserving ad targeting system will positively affect Cardano's productivity and growth in both the short and long term:
- Short-Term Impact: The introduction of a privacy-enhanced ad targeting solution will attract attention and generate interest from businesses seeking privacy-focused technologies. This will result in increased adoption of Cardano's ecosystem and drive short-term growth.
- Long-Term Growth: As privacy concerns continue to rise and regulations become stricter, our solution positions Cardano as a leader in providing privacy-preserving ad targeting capabilities. This differentiation will contribute to Cardano's long-term growth as it becomes a trusted platform for businesses prioritizing user privacy.
Please describe your plans to share the outputs and results of your project?
We have several plans to share the outputs and results of our project after final delivery and closure to ensure its impact reaches a wider audience:
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Video Proof-of-Concept (POC): As a deliverable, we will create a video showcasing the functionality and effectiveness of our privacy-preserving ad targeting process
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Addendums and Updates to Research: We will update and enhance our existing research on zero-knowledge advertising by incorporating the findings and insights from our project
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Collaboration and Presentations: We will actively seek opportunities to collaborate with other researchers, industry experts, and organizations interested in privacy-preserving ad targeting
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Communication Channels: We will utilize various communication channels, including our project website, social media platforms, and relevant forums, to share updates, insights, and the POC vide
By delivering a video POC, updating our research with project-specific addendums, seeking collaboration opportunities, and utilizing effective communication channels, we aim to disseminate the outputs, impact, and opportunities arising from our completed project. These efforts will contribute to the growth and adoption of privacy-preserving ad targeting solutions and showcase Cardano's capabilities in addressing real-world challenges in the digital advertising ecosystem.