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Brave Offers Update on Decentralized Ad Platform Themis Protocol

Brave Offers Update on Decentralized Ad Platform Themis Protocol

Brave revealed more details of its decentralized ad platform Themis protocol on August 18, via a detailed blog post that covered the mechanism of the protocol and its tokenomics.

  • Themis protocol uses sidechains and smart contracts to eliminated centralized ad models
  • Protocol was designed to to improve upon the BAT based ad ecosystem
  • Originally announced in June 2020, Themis has been described as having the capability of addressing “the auditability and non-repudiation issues” of current ad systems 
  • Additionally, it provides advertisers with information about viewers’ behaviour without compromising on the latter’s privacy
  • Brave has worked on new features this year, including a video conferencing solution and a rumoured “YouTube killer”

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