Frequently Asked Questions

 FAQs

 
  • The OEM will build and deliver the machine to your facility. All you pay upfront is the installation and commission fee with training and spare parts being included. Users pay a rate for each minute the machine is active and available. Based on usage and throughput, we can determine when to supply users with a new/upgraded machine if necessary.

  • We manage all the financial transactions. The end-user and the OEM work together to build or customize the machine, MATR Capital purchases the machine from the OEM and manages financial transactions with the end-user.

  • No. Where leasing is transactional and time-based, MaaS is a partnership based on performance. Payment is only made for shipping, installation and the cost-per-minute as the machine is active and available. Our machine is there for as long as you want it to be.

  • MATR Capital will hold title to the machine.

  • For as long as you need the machine. There is no minimum contract length. You can return it at any time.

  • The OEM will monitor the machine with an internet or cellular connection to monitor machinery performance and usage. The base system will be set-up with an Ethernet connection to be connected through the plant network to the internet. We can add optional wireless connection or cellular connection to the eWON device.

  • We use SteamChain.io’s Secure Transaction Engine for Automated Machinery.

  • Blockchain technology is at the core of SteamChain’s Secure Transaction Engine for Automated Machinery HMS systems. Their eWON technology has been the leading remote monitoring/remote connectivity device in the industry for a number of years. The implementation encrypts the data being passed between the cloud platform and the machinery to ensure security.

  • Blockchain technology is at the core of SteamChain’s Secure Transaction Engine for Automated Machinery. Because of blockchain’s shared ledger, transactions and records are logged in a secure and transparent method. No party can amend or tamper with the record once it has been logged. Smart contracts on the blockchain are also used to rapidly process transactions automatically when the action is recorded on the ledger. Our program does not currently support cryptocurrency.

  • Users are responsible for routine maintenance on the machine.

  • Preventative maintenance and spare parts are included in the program. Client is responsible for routine maintenance. The machinery will be monitored and we will work with your organization to resolve any issues in a timely manner (we aren’t making money when your machine isn’t running either.). If there is a problem, please contact our technical support team and we will work with your team to solve the issue remotely. If it can’t be fixed, we will send out a service technician.

  • The OEM will service the machine and provide replacement parts as needed. The end-user is responsible for routine maintenance.

  • Click on our Partner Page and select an OEM. That link will take you to their MaaS offerings.

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