Proof of Usefulness Report

BeaconTrax

Analysis completed on 2/19/2026

+45
Proof of Usefulness Score
You're In Business

The submission describes 'BeaconTrax', a legitimate Canadian IoT B2B company founded in 2019, but the input data contains critical errors and fabrications. The project name is listed as 'ShadowClaw' (likely a copy-paste error), and the traction claims ('most people have used my product') are demonstrably false for a niche industrial asset tracking solution. While the underlying business appears to have real-world utility in manufacturing and healthcare, the submission's lack of seriousness, incorrect data, and exaggerated reach claims heavily penalize the score. The evaluation reflects the quality of the submission and the verifiable reality of a small, unfunded niche player, rather than the claimed universal adoption.

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Score Breakdown

Real World Utility+20.0
Audience Reach Impact+2.0
Technical Innovation+9.0
Evidence Of Traction+3.75
Market Timing Relevance+7.0
Functional Completeness+0.5
Subtotal+42.25
Usefulness Multiplierx1.06
Final Score+45

Project Details

Project URL
Description
BeaconTrax provides cloud-based IoT solutions that enable enterprises to quickly and securely implement the capability to track, monitor, and manage assets using Bluetooth BLE and LoRa technologies. From small office spaces to large multi-site facilities, the solutions scale seamlessly which enables enterprises to start small and grow as your business grows. BeaconTrax platform provides extensive reports, visualizations, and integrations allowing businesses to improve efficiency and save costs. The underlying technology is based on a combination of hardware and software related to Bluetooth technology. Bluetooth BLE Beacons or Tags are assigned to assets that need to be tracked, and Bluetooth Gateway's act as reader's which receives packets from beacons, and relays them to cloud software. Customers will use BeaconTrax's innovative SaaS product to view reports using various types of visualizations and tables. The solutions are very intuitive, cost-effective, and quick to onboard, allowing businesses to get going very quickly. Tracking of assets & equipment is in high demand in manufacturing, healthcare, construction and oil and gas industries. Using Beacons, Gateways and Asset Tracking Software, you will be able to visualize current position of assets and locate them in your facilities. Beacons are attached to various assets such as machinery, pallets, forklifts, containers, x-ray equipment, gas canisters etc. This enables management to implement improvements to their business processes, increase equipment utilization and bring effective cost optimization. Learn more about us at: https://www.beacontrax.com/ https://www.facebook.com/beacontrax/ https://twitter.com/beacontrax/ https://www.youtube.com/BeaconTrax If you have a customer service issue or question, please visit https://www.beacontrax.com/contact-us/

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline