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Medichain’s vision adds value and provides peace of mind

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Presentation on theme: "Medichain’s vision adds value and provides peace of mind"— Presentation transcript:

1 Medichain’s vision adds value and provides peace of mind
Business Problem: Durable medical equipment fraud Manufacturer Hospital Second Buyer Manufacturer  Hospital Hospital  Secondary Buyer Bundled Warranty and (sometimes) maintenance program Peace of mind, but at a cost Warranty & maintenance history uncertainty International fraud  no/low recourse If broker involved, significant fees Solution: Medichain, “CARFAX” for Medical Devices using block chain All parties benefit, via meticulous documenting of use, maintenance, and upkeep on the blockchain. Rich immutable data history wards off fraud.

2 Medichain’s blockchain provides an underlying trust mechanism and universal record
Distributed Ledger Universal record removes issue of cross-system incompatibility and permits international trade Medichain’s blockchain is: Private Restrictions on reading transaction data (which will be encrypted) and submitting transactions for inclusion into the blockchain. Permissioned Transaction processing is performed by a predefined list of subjects with known identities (registered medical providers) Connected Utilizing pre-certified fully integrated Wi-Fi connectivity solutions, with embedded modules and software. This allows for real-time updates Open write access Manufacturers, service providers, and technicians can write ‘items’ to the chain Consensus = Trust Trust reduces market friction and can limit otherwise beneficial transactions Replaces broker role Provides better information than a broker, without the broker fee Grants value Value is no longer extracted by brokers and misinformation; all parties gain from access to rich data Case Interview Wkshop Dartmouth

3 Medichain’s ease of monetization and value add to a growing industry positions it for success
Monetization Strategy 1 Pay now for ongoing benefits 2 Market maker & facilitator Manufacturer incurs tiered ‘set-up’ fee at assembly line (.5%-2% depending on price) Write access is sold to permissioned parties for $150 per entity: technicians, service providers, etc. Manufacturer and owner have view access Provides a platform which matches buyers with sellers, taking a 1% fee Allows brokers access to its ‘for sale’ database for $5000/mo. Provides device owners and manufacturers with anonymous comparison data (usage, service requests, etc.) for $5000/year A large stable growth market United States remains the largest medical device market in the world with a market size of around $148 billion Global Counterfeit Medical Device Market: $23.73 B Global Reprocessed Medical Devices Market Set for Rapid Growth to Reach around $4.02 B by 2021 Case Interview Wkshop Dartmouth Case Interview Wkshop Dartmouth 3

4 Medichain technology can easily be applied to other industries and is attractive to buyers
Expansion potential High exit valuation No direct competitors Replaces indirect competition Provides value to all parties involved Technology is applicable to other use cases with minimal need for additional spend Strategic buyer will possess first to market advantage Aviation or maritime equipment Other high-value equipment Strategic buyer Private sale to PE IPO Real estate


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