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Supply Chain on Blockchain Conference 2019
15 July 2019Fishburners, Brisbane
Water Ledger
Katrina DonaghyCEO and Co-Founder
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About Me
Studied Humanities (Undergraduate) and Entrepreneurialism and Venture Development (Postgraduate)
20+ years in public sector
Founding member of OpenCoLab
Co-founded Civic Ledger 26 September 2016
Winner Emerging Fintech Company 2018 “Finnies” Awards
Board Member ADCA
Founder Brisbane Women in Blockchain Meetup
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Civic Ledger builds protocols and platforms
REGISTERS AND RIGHTS PLATFORM
Civic Entitlements
TRADING AND EXCHANGEPLATFORM
Natural / Intangible Assets
Built Environment
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Agricultural Water Trading Rights
National feasibility study to improve
transparency of water trading in Australian
water markets.
Business Research and Innovation Initiative (BRII)
Whiskey is for drinkingWater is for fighting over
Mark Twain
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Water trading today is complicated and inefficient…
TRADE DECISION
BROKERSMARKETMAKING
APPROVAL SETTLEMENT
Asymmetry of Information across the value chain
300WaterProducts 15k Business
Rules 9wksClear & Settle
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Irrigated agriculture is a $15B industry in Australia– even a small change can make a big difference
TRADESWITHHELD
POOR ALLOCATION
OF WATER
WASTE INSTORAGE
REDUCTIONIN FARMOUTPUT
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Victorian Farmers Federation 2016. Submission to the DELWP in response to the Water for Victoria discussion paper, DELWP, Melbourne.
41% 1 in 3
A desirable solution will assist in improving theseperceptions of the market.
Irrigators do not think the water trade market is fair for all users.
Irrigators disagree / neutral that it’s easy to trade allocation water.
University of Canberra 2014, Regional Wellbeing
Survey.
“Farmers want transparent open markets that allow them to plan the best use of their water resources and capital.”
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An efficient water market requires…
AccessAll actors have
full information
AvailabilityAll actors can trade
on simple terms
GovernanceActors behave rationally
ResponsivePrices respond in real-time
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Agricultural Water Trading Rights
Reduce trade frictions resulting
in $50-100M of savings to farmers
Replace 4 legacy systems with one,
saving $90M
Reduce transaction times from (up to) 9 weeks to near
real-timeWater Ledger
Value Proposition
Improving “Liquidity” of
Water Markets
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Water Ledger
A cognitivewater registration and trading system
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Water Ledger solves several challenges
Free,complete
information
Simple,frictionless
trading
Real timesettlement
Increasewater
availability
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Water Ledger Pilots
Department of Environment
and Water
Mareeba-DimbulahIrrigation Area
Arup
Tasmania Irrigation
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Water Ledger
