Amazon is seeking to integrate parts of its advertising business with a blockchain.
The Seattle-based e-commerce giant is looking for a senior software engineer to join its "Advertising FinTech team focused on a Blockchain ledger," according to a recent job posting.
"This is an opportunity to define a technology architectural direction of a greenfield area for Amazon's advertising business using Blockchain technology."
It is not clear what kind of blockchain Amazon intends to use for advertising.
Previously, the blockchain team at Amazon Web Services, the company's cloud business, built a proprietary blockchain known as the Quantum Ledger Database, and AWS' Managed Blockchain service connects with ethereum and Hyperledger Fabric.
Amazon is joining a number of companies that have tried to use blockchain to simplify the opaque and convoluted value chain in adtech.
The general idea is that a distributed ledger can get everyone on the same page about where advertising dollars are going and avoid discrepancies.
Just as a cryptocurrency blockchain shows which addresses sent or received money, how much, and when, an adtech ledger could track how much advertising is being placed and which middlemen are taking a cut, the thinking goes.
It remains to be seen whether Amazon will roll out its blockchain-based advertising reconciliation platform for wider industry use.
"We have a very long and healthy tradition of bringing forward internally developed projects at Amazon," Rahul Pathak, general manager of AWS Managed Blockchain, said at CoinDesk's Consensus 2019 in May. AWS' Rahul Pathak at Consensus 2019 image via CoinDesk archives.
Amazon Is Looking for an Engineer to Put Advertising Data on a Blockchain
Published on Aug 7, 2019
by Coindesk | Published on Coinage
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