Proof of Usefulness Report

Blockchain for Reconciliation

Analysis completed on 3/7/2026

+26
Proof of Usefulness Score
You're In Business

The project represents a noble and historically verified non-profit initiative from ~2019 focused on Indigenous inclusion in tech. However, the submission contains critical data quality issues, specifically the palpably false claim that 'most people have used my product' and an unclear 'marketcap' figure. External search confirms the organization existed and had press coverage (BetaKit) regarding its founders, but current activity appears minimal or dormant. The high quality of the mission description is heavily outweighed by the lack of verifiable traction and poor data integrity in the metrics fields.

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Score Breakdown

Real World Utility+70
Audience Reach Impact+10
Technical Innovation+10
Evidence Of Traction+5
Market Timing Relevance+80
Functional Completeness+40
Subtotal+26.12
Usefulness Multiplierx0.99
Final Score+26

Project Details

Description
Blockchain for Reconciliation is a non-profit membership organization created in response to the 92nd call to action put forward by the Truth and Reconciliation Commission. Our goal is to promote Indigenous inclusion in the emerging tech space. We are non-partisan, blockchain agnostic, and we are not developing our own tech. We don't want to be in a position where we have a product to sell. We are strictly use case, and we're here to act as a filter level. No vaporware on stolen land. We believe that digital equity is the fastest route to overall equity. We very much want companies to start engaging with communities and building solutions together. But we also believe that it's very important that this happens on collaborative, mutually beneficial terms. This can't happen until communities know this tech exists, and how it works. And it can't happen unless tech companies are familiar with best practices in working with Indigenous communities. Thus our membership model: Membership is free for First Nations, Metis and Inuit communities via their band offices, economic development offices, or community organizations, as well as for foreign Indigenous communities and non-profits with aligning goals. To these organizations, we offer free executive education on blockchain technology, and free consulting from our advisory board whose backgrounds extend beyond blockchain into other branches of emerging tech, like AR/VR, Quantum computing, Cyber Security, AI and ASI. This is funded through a combination of private donations, and paid memberships. Paid memberships are available to for-profit Indigenous-owned corporations, where they receive the same benefits as community members for a fee. Paid memberships are also available to tech companies. Tech companies receive training on best practices for working with Indigenous communities, and help with the creation of a reconciliation mandate.

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