
1. Customer Segments & Early Adopters
- Medical Research Institutions: Universities, hospitals, and research labs.
- Pharmaceutical Companies: Firms involved in drug development and clinical trials.
- Regulatory Bodies: Organizations ensuring compliance with medical standards.
- Healthcare Providers: Clinics and hospitals needing secure data management.
- Insurance Providers: Providers trying to mitigate risk.
2. Problem & Existing Alternatives
- Problem:
- Inefficient and untrustworthy data management in medical research.
- Complex and challenging compliance with global regulations.
- Ensuring data privacy and security in medical supply chains.
- Existing Alternatives:
- Traditional centralized data management systems.
- Manual compliance processes.
- Fragmented and siloed data storage solutions.
3. Unique Value Proposition & High-level Concept
- Unique Value Proposition:
- Ecosystem of Trust (EoT): A holistic framework designed specifically for the medical research community, ensuring secure, compliant, and efficient data management and sharing.
- Decentralized Identity Management: Utilizing Key Event Receipt Infrastructure (KERI) for decentralized identity management, ensuring that only verified and authorized individuals have access to sensitive data.
- Authentic Data Containers (ACDC): Creating tamper-evident, authentic data containers that ensure data integrity, authenticity, and compliance.
- Multi-Actor Governance: Implementing a dynamic governance model that involves multiple stakeholders, ensuring that diverse perspectives are considered, responsibilities are shared, and transparency and accountability are maintained.
- High-level Concept:
- It's like a well-orchestrated symphony for medical research, where every piece of data is secure, compliant, and perfectly harmonious
4. Solution
- Ecosystem of Trust: A holistic infrastructure explicitly designed for the medical research community, ensuring secure, compliant, and efficient data management and sharing that verifies the authenticity of people, machines, and data, facilitating compliance with multi-level governance and ecosystem member standards.
5. Channels
- Direct Sales: Engaging directly with research institutions and pharmaceutical companies.
- Partnerships: Collaborating with key stakeholders in healthcare and technology.
- Industry Conferences: Showcasing solutions at medical and technology events.
- Digital Marketing: Utilizing online platforms to reach potential customers.
6. Revenue Streams
- Subscription Fees: Base subscription fee for access to the Ecosystem of Trust and pay-per-use of its Verification Utility for trusted transactions.
- Consulting Services: Offering expertise in decentralized technologies and multi-actor governance.
- Training Programs: Providing education on compliance and data management.
7. Cost Structure
- Research and Development: Investing in technology and infrastructure development.
- Regulatory Compliance: Ensuring adherence to global medical standards.
- Customer Support and Training: Offering ongoing support and education to users.
- Operational Costs: Maintaining the ecosystem and its utilities.
8.Key Metrics
- Number of Active Ecosystems Deployed: Tracking the adoption of the solution.
- Data Transactions Processed: Measuring the volume of data managed and shared.
- Compliance Rate with Regulatory Standards: Ensuring adherence to regulations.
- Customer Acquisition and Retention Rates: Monitoring growth and satisfaction.
- Compliance Audit Success Rates: Evaluating the effectiveness of compliance measures.
- Time Saved in Research Processes: Assessing improvements in efficiency.
9.Unfair Advantage
- Decentralized Unity: Transforming traditional competitors into collaborators while ensuring open, fair, and trustworthy markets.