Blockverse: A cloud blockchain-based platform for tracking in affiliate systems

Abstract

Affiliate systems are a crucial piece of today’s online advertising. In affiliate systems, web traffic is directed from certain sites displaying ads to the websites of those company whose products or services are advertised. The way in which these ads are monetized is diverse and can respond to different models. In many cases, affiliates establish a cost based on impressions (displays of the ad) or on clicks. However, more intricate models are becoming widespread, such as the cost per action, where the affiliate incomes are due to the users performing certain actions in the target website. In particular, in the world of iGaming, it is frequent that affiliates charges are based on registrations, deposits or money lost on bets. In this scenario, Blockverse is a tool whose objective is to record transactions occurring in affiliate systems at large scale, using a permissioned blockchain implemented atop state-of-the-art cloud technology. Additionally, the system will be able to execute smart deals that generate income for affiliates based on the agreed conditions, and to provide real-time analytics in the context of the affiliate system.