SaTT can change the transaction between advertisers and content editors to be instant, clear and protected! The SaTT is an ERC20 token created to facilitate advertising deals with a good agreement. No most belated repayments or costly banking services. A decentralized system for quantifying the results of a campaign because of third-party applications and smart contract.
Until now, there was no simple and effective provide to meet this need: it had been human work, agency work. Advertisers and publishers in lots of ad systems must depend on centralized ad agencies without having to be able to confirm the statistical results provided, which can be skewed making strategies higher priced. In the case of a technical failure on a centralized system, all advertisement strategies stop working until the incident is resolved and if a centralized network is hacked, hackers can access all records within the system.
The traditional business design of traditional and centralized advertising agencies is according to a prohibitive price of entry and monthly billing the services provided. The minimum cost for making use of their interface ranges from a few hundred to plenty of dollars per month and internet commission payments usually takes many months, resulting in significant transfer charges and may even be blocked in the function of the absolute minimum payment bill.
The blockchain is a decentralized and distributed database that guarantees the integrity of information and transactions. Thanks to the blockchain, advertisers and their strategies is perhaps not connected every single more. Thus, they have been perhaps not all impacted by hacking or malfunctioning. Thanks to the Smart Contract SaTT, advertising and transactions is governed by modules of autonomous beings secured by the Ethereum blockchain. In the event of a malfunction of a module or Oracle, the integrity of other advertisers’ ads is preserved.
The transaction cost try split between encryption and Oracle modules according to the needs. Therefore there isn’t any minimum month-to-month payment. The competition between Oracle modules guarantees a top level of service and competitive prices. By using SaTTs, payments is instant since soon as the achievements criteria are met. Payments aren’t at the mercy of transfer fees or money conversion fees, supplying the industry with significant price savings.
How It Works
The Smart Contract SaTT allows the advertiser to operate ads based on its performance goals and may monitor the evolution of its advertising on the interfaces that it used to use as Google Analytics, Instagram, Facebook Analytics thanks to Oracle module connections relaying information between the Smart Contract and a data supply to determine the parameters of a transaction. Thanks to the blockchain, the publisher is guaranteed that the campaign try provisioned and that it will be paid the moment it satisfies the circumstances set by the advertiser or the campaign end date defined within the transaction. Once the objectives are achieved, the Smart Contract causes some sort of transaction automatically and also the specified funds are transferred directly to its portfolio net of the commission paid to the Oracle modules.
Blockchain and Tokenized Economy
The Smart Contract SaTT works in a decentralized and distributed way. The blockchain includes all latest offers allowing any API or platform to play operations whether it’s the creation within an adbuilder, the display to produce an ad directory, or in Oracle as an example by giving the data recommended to validate and quantify the deal. To make the SaTT more liquid, we’ll install the PayBySaTT function on our application store and gives an SDK for third-party developers therefore that many products and exclusive occasions are payable in SaTT.