Proof of Usefulness Report

Bintec Inc.

Analysis completed on 2/27/2026

+38
Proof of Usefulness Score
You're In Business

Bintec Inc. appears to be a legitimate Canadian engineering firm (est. 2003) specializing in embedded systems and industrial automation, potentially selling white-label hardware. However, the submission is critically flawed. The claim that "most people have used my product" is verifiable false or unsupported for a niche B2B firm, and the revenue metric ("all time marketcap: 2500000") is confusing and non-standard. The project name discrepancy ("MysticStone" vs "Bintec Inc.") further degrades credibility. While the underlying business has utility, the submission fails to demonstrate the claimed reach or traction.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+70
Audience Reach Impact+20
Technical Innovation+50
Evidence Of Traction+25
Market Timing Relevance+50
Functional Completeness+10
Subtotal+35.625
Usefulness Multiplierx1.08
Final Score+38

Project Details

Project URL
bintec.ca
Description
Bintec is a custom software and hardware engineering company. We specialize in building technical solutions in cases where off-the-shelf products are not available. Most of our clients come from security, automotive and industrial automation industries but we have delivered successful projects to businesses of all kinds. Here is what we do: • Embedded systems (some of them on Embedded Linux, FreeRTOS) • Touchscreen-based devices • Wireless communications (ZigBee, WirelessHART, WiFi, Bluetooth) • Standard and proprietary communications protocol implementations • Mobile apps (native iOS, Android apps) • Desktop and web software (Windows, OSX, iOS, Android, LAMP etc.) • Custom systems integrations • Robotics • 3D printing, industrial design More details available at http://bintec.ca

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