Update on Price Responsive Load Retail DR
This update provides insights into pricing events in the ERCOT market, focusing on load response capabilities, regulatory rules, and analysis of pricing events in 2014. The content includes graphs comparing actual prices on specific days to average prices, highlighting the impact on load zones and EEA events.
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Presentation Transcript
Vision and Value Proposition of Medichain Business Problem Durable medical equipment fraud Expensive medical equipment requires extensive maintenance and meticulous upkeep to ensure that they have a suitable operating life. Buying, selling or reselling of these devices can be a difficult process in absence of a sound quality assurance system to ensure that the products are safe, effective and not counterfeit. Solution Medichain = CARFAX for medical devices using block chain By meticulously documenting use, maintenance, and upkeep on the blockchain, all parties involved in the life of this piece of equipment will benefit. BOS
Medichain aims to solve market efficiency issues in the current market Second Buyer Manufacturer Hospital Manufacturer Hospital Hospital Secondary Buyer New machine ($$$) Bundled Warranty and (sometimes) maintenance program Peace of mind, but at a cost Used machine ($-$$) Warranty often expired Uncertain maintenance history If sold internationally, no recourse for fraud If broker involved, significant fees Case Interview Wkshop 2004 - Dartmouth BOS
All parties involved stand to benefit from using Medichain technology Manufacturer Price premium for products with blockchain access Allows for tracking of service and maintenance to validate warranty claims Hospital Maintains meticulous, unified record of device usage, maintenance, and warranty to reduce back-office demand Increase resale value of high-value medical equipment Second Buyer Allows for peace-of-mind with immutable, detailed product history Maintain high product value for subsequent resale BOS
Medichain aligns incentives while its blockchain provides an underlying trust mechanism Distributed Ledger Universal record removes issue of cross-system incompatibility and permits international trade Easy write access Manufacturers, service providers, and technicians can easily 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 Value is no longer extracted by brokers and misinformation; all parties gain from access to rich data Grants value BOS
A private, permissioned blockchain allows for easy monetization and general efficiency Private Restrictions on reading transaction data (which still be encrypted) and submitting transactions for inclusion into the blockchain. Benefit: Monetarize equipment data. Permissioned Transaction processing is performed by a predefined list of subjects with known identities (registered medical providers) Benefit: By pre-registering, collect user information. 6 BOS Case Interview Wkshop 2004 - Dartmouth
Medichains ease of monetization and value add to a growing industry positions it for success Monetization Strategy 1 2 Provides a platform which matches buyers with sellers, taking a 1% fee Pay now for ongoing benefits Market maker & facilitator Manufacturer incurs tiered set- up fee at assembly line (.5%- 2% depending on price) Allows brokers access to its for sale database for monthly fee ($1000-5000/month1). Provides device owners and manufacturers with anonymous comparison data (usage, service requests, etc.) for $5000/year Write access is sold to permissioned parties for $150 per entity: technicians, service providers, etc. Manufacturer and owner have view access 1 Price dependent on number of client users and access requirements BOS
The medical equipment market presents an attractive opportunity for Medichain 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 BOS
Early investment will help Medichain achieve its full potential and deliver returns Additional investment will generate outsize returns due to growth prospects Need for additional investments High Potential for growth Potential for growth will allow new investors to see an outsized return. Additional resource to maintain first mover advantage. Expected spend in advertising and customer acquisition. Customer Adoption will scale up exponentially. Build database for existing machine records. Key to success will be to lock in a loyal customer base early. Cutting edge technology. Blockchain is the future. BOS
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 Realestate BOS
