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Financial Technology and Innovation
Volume 2 , Issue 2, PP: 37-47 , 2023 | Cite this article as | XML | Html |PDF

Title

Leveraging Blockchain Technology to Transform Traditional Marketing Strategies into Secure and Efficient Practices

  Ankita Nigam 1 *

1  Professor, Department of CSE, Princeton Institute of Engineering and Technology for Women, Hyderabad, India.
    (ankita270481@gmail.com)


Doi   :   https://doi.org/10.54216/FinTech-I.020204

Received: February 19, 2023 Accepted: July 12, 2023

Abstract :

The suggested approach, dubbed Blockchain-Enabled Secure Marketing (BESM), utilizes blockchain technology to usher in a new age in digital advertising. To solve the problems that have plagued marketing in the past, BESM combines three cutting-edge algorithms: Decentralized Identity Verification (DIVA), Consensus-Driven Targeting (CDTA), and Immutable Performance Analytics (IPAA). DIVA offers user privacy and security via decentralized identity verification, leveraging cryptographic hashes and digital signatures. CDTA revolutionizes audience selection by combining consensus-driven decision-making, encouraging accuracy and democratic involvement. IPAA protects marketing performance metrics on the blockchain, making all of the data contained within immutable and public. The results of these experiments show that BESM is superior to conventional approaches, and that it provides superior data security, user privacy, efficiency, and transparency. Algorithms as a whole strengthen the marketing ecosystem by making it more reliable and customer-focused landscapes.

Keywords :

Blockchain , CDTA; Data Security; Decentralized Identity; Digital Marketing; DIVA Algorithm; Efficiency; Immutable Analytics; IPAA Algorithm; Marketing Strategy; User Authentication.Top of Form

 

 

1.      Introduction

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Cite this Article as :
Style #
MLA Ankita Nigam. "Leveraging Blockchain Technology to Transform Traditional Marketing Strategies into Secure and Efficient Practices." Financial Technology and Innovation, Vol. 2, No. 2, 2023 ,PP. 37-47 (Doi   :  https://doi.org/10.54216/FinTech-I.020204)
APA Ankita Nigam. (2023). Leveraging Blockchain Technology to Transform Traditional Marketing Strategies into Secure and Efficient Practices. Journal of Financial Technology and Innovation, 2 ( 2 ), 37-47 (Doi   :  https://doi.org/10.54216/FinTech-I.020204)
Chicago Ankita Nigam. "Leveraging Blockchain Technology to Transform Traditional Marketing Strategies into Secure and Efficient Practices." Journal of Financial Technology and Innovation, 2 no. 2 (2023): 37-47 (Doi   :  https://doi.org/10.54216/FinTech-I.020204)
Harvard Ankita Nigam. (2023). Leveraging Blockchain Technology to Transform Traditional Marketing Strategies into Secure and Efficient Practices. Journal of Financial Technology and Innovation, 2 ( 2 ), 37-47 (Doi   :  https://doi.org/10.54216/FinTech-I.020204)
Vancouver Ankita Nigam. Leveraging Blockchain Technology to Transform Traditional Marketing Strategies into Secure and Efficient Practices. Journal of Financial Technology and Innovation, (2023); 2 ( 2 ): 37-47 (Doi   :  https://doi.org/10.54216/FinTech-I.020204)
IEEE Ankita Nigam, Leveraging Blockchain Technology to Transform Traditional Marketing Strategies into Secure and Efficient Practices, Journal of Financial Technology and Innovation, Vol. 2 , No. 2 , (2023) : 37-47 (Doi   :  https://doi.org/10.54216/FinTech-I.020204)