Home Online Advertising IAB Tech Lab Proposes OpenRTB 3.0 To Create More Honest Auctions

IAB Tech Lab Proposes OpenRTB 3.0 To Create More Honest Auctions

SHARE:

The IAB Tech Lab wants to change its OpenRTB 3.0 programmatic auction standard so that it authenticates basic details of the transaction, like the identity of the seller.

The current OpenRTB standard assumes buyers and sellers honestly identify themselves and their intentions – but some shady players took advantage of that honor system.

One problem is that the current standard passes information in plain text, making it subject to tampering, said Dennis Buchheim, GM of the IAB Tech Lab.

The new standard authenticates and secures the most critical identifying information, so it’s harder to misrepresent inventory.

“OpenRTB 3.0 is intended to implement the supply chain in the protocol,” Buchheim said.

By overhauling the standard, the IAB Tech Lab hopes to restore trust into a system pressured by spoofed domains, fraud, unclear auction dynamics and hidden middlemen.

The changes will benefit both buyers and publishers.

Buyers get more confidence that the inventory they’re buying is what it claims to be, Buchheim said. Ads.txt, woven into the protocol, verifies they’re buying publisher inventory through approved exchanges.

Sellers will have more control over the ad creative on their sites. They can screen ad creative via a new ad management API, and approve or reject creative based on their criteria for brand safety or ad load time. Publishers also will be able to track bad ads, like those with hidden malware, more quickly.

“Publishers [will have] transparency into JavaScript trackers that run from creative tuning in their pages,” Buchheim said. “This will address the longstanding problem of buyers simply dumping a load of pixels and scripts, clogging up a user’s web page experience and even causing malware installation.”

Ad exchanges will need to standardize how they communicate information in the new standard, as OpenRTB 3.0 replaces “proprietary extensions” around areas like ad creative, for example, that varied from exchange to exchange, Buchheim said.

Subscribe

AdExchanger Daily

Get our editors’ roundup delivered to your inbox every weekday.

“Exchanges/SSPs have a big role to play in supporting adoption,” Buchheim said. They will need to add publisher ID fields from ads.txt, and route signed bid requests from publishers to buyers. They will also need to build support for adCOM, the spec that will allow publishers to see all the JavaScript trackers coming in from buyers.

The OpenRTB standard will be open for public comment for the next three months, after which the IAB Tech Lab will come up with a final standard.

Anyone in the industry can comment on the OpenRTB 3.0 standard here for the next three months. Initial feedback will be incorporated into the standard starting in October, and the full comment period will end Dec. 15.

Must Read

6 (More) AI Startups Worth Watching

The founders of six AI startups offer insights on the founding journey and what problems their companies are solving.

Nielsen and Roku Renew Their Vows By Sharing Even More Data With Each Other

Roku’s streaming data will now be integrated into Nielsen’s campaign measurement and outcome tools, the two companies announced on Monday,

Broadcast Radio Is Now Available Through DSPs

Viant struck a deal with IHeartMedia and its Triton Digital advertising platform that will make IHeart’s broadcast radio inventory available through Viant’s DSP.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Lionsgate Enters The Ads Biz With An Exclusive Ad Server

The film and TV studio Lionsgate has chosen Comcast’s FreeWheel as its exclusive ad server to help manage and sell the growing volume of ad inventory Lionsgate creates with new FAST channels.

Layoffs

The Trade Desk Lays Off Staff One Year After Its Last Major Reorg

The Trade Desk is cutting its workforce. A company spokesperson confirmed the news with AdExchanger. The layoffs affect less than 1% of the company.

A Co-Founder Of DraftKings Wants To Help Creators Monetize Content

One of the DraftKings founders now leads HardScope, parent of FaZe Clan, aiming to bring FaZe’s content and distribution magic to creators beyond gaming.