Authored by Australian Nowlab Director Robert Tilt, Isobar, has published a playbook to explain what blockchain is, the technology in practice and how it can be integrated into businesses today.

The playbook unpacks blockchain’s potential impact on the global Media & Marketing industry including media supply chains, transparency, brand management and creativity, as well as explaining what marketers should do next.

The playbook is available to download from isobar.com.

Isobar Australia director of Isobar Nowlab Robert Tilt said: “At its core, blockchain is a technical solution to two key promises that have forever plagued the business world: transparency and trust.

“When applied to the right scenarios, it can transform how our industry operates, creating massive efficiencies, and ultimately freeing up resources for more innovation.”

Blockchain has launched a decentralised technology revolution, with Gartner forecasting “the business value-add of blockchain will grow to slightly more than $176 billion by 2025, and then it will exceed $3.1 trillion by 2030”.

Isobar believes the potential of the technology has far-reaching implications for the Media and Marketing Industry, in areas such as Supply Chain, Commerce, Transparency and Identity Management.

Isobar global chief technology officer Vikalp Tandon said: “Digital has changed the way we live and work forever.

“If the past is evidence, whenever a near monopoly emerges, a new technology also emerges that disrupts the industry.

“Blockchain could be that opportunity.”

Isobar chief innovation officer Dave Meeker said: “Our innovation teams are already consulting with clients on Blockchain technology, and its potential for providing experience-led transformation solutions, and we have written this global playbook to kickstart more conversations.”

The playbook also features contributions from Vikalp Tandon, Isobar global chief technology officer, Shawn Mishra, SVP, Isobar global managing partner, Isobar Commerce Practice, and Simon Gill, Isobar EMEA chief experience officer, and other Dentsu Aegis Network subject matter experts.

It covers:

• The history of the ledger & a simple definition of blockchain, and a glossary of terms
• In practice: cryptocurrency and Initial Coin Offerings (ICO); financial services, supply chain & proof of origin; data insights & authenticity
• Deep dive into high growth markets: India, China & Brazil
• Blockchain in media & marketing, and as a creative medium, and implications for supply chain
• Commerce & payment on the blockchain
• What is holding blockchain back?
• What should marketers do next?

To download the playbook, and to learn how Isobar is helping clients grow their businesses, visit isobar.com.