Proof of Usefulness Report

Cryptosense

Analysis completed on 1/19/2026

+436
Proof of Usefulness Score
Certified Problem Solver

Cryptosense is a high-value enterprise security platform acquired by SandboxAQ (an Alphabet spinoff) in 2022, confirming exceptional market value and technical validation. While the project addresses the critical issue of Post-Quantum Cryptography (PQC) readiness for major financial institutions, the submission itself contained significant inaccuracies (claiming 'most people' have used it and reach is 'everyone'), which negatively impacted the Response Quality score. However, the verifiable acquisition and deep-tech innovation drive a high overall PoU score, placing it well above the calibration baseline for established businesses.

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Score Breakdown

Real World Utility+125
Audience Reach Impact+68
Technical Innovation+91
Evidence Of Traction+100
Market Timing Relevance+50
Functional Completeness+2
Subtotal+436
Usefulness Multiplierx1.00
Final Score+436

Project Details

Project URL
Description
Cryptography is used to protect sensitive data; with the increase in digital communication, banking and connected devices in recent years, the problem of ensuring that our data is secure is bigger than ever.\n\nWhen perfectly implemented and maintained cryptography provides security we can rely on, but when you combine complex IT, with legacy applications and human error, unfortunately errors are hard to avoid. These errors leave enterprises vulnerable to attack by malicious third parties looking exploit them to steal sensitive data.\n\nThe threat of such an attack is growing. Recent high-profile attacks have caused significant financial and reputational damage to companies like SolarWinds, CapitalOne and Uber.\n\nOur product, Cryptosense Analyzer Platform responds to the need within large enterprises to scale cryptography management across their infrastructure. Originally designed to discover vulnerabilities in cryptography implementation in applications and hardware, the tool has evolved to provide a holistic 360° view of data protection mechanisms enterprise-wide.\n\nCryptosense is the world's leading platform for cryptography lifecycle management, trusted by leading financial institutions and technology companies.\n\nAfter 15 years as an academic researcher working closely with industry, Cryptosense founder Graham Steel, PhD. saw the need for a tool that would enable enterprises to protect themselves from data theft by ensuring that their cryptography was deployed securely. His experience as an industry consultant showed him that whilst cryptography is embedded throughout every company’s applications and infrastructure, often no one had any visibility on what it was doing, resulting in security gaps and vulnerabilities.\n\nIn 2013 Graham saw that the market was ripe for an automated tool to provide much needed visibility on cryptography use and control the way that sensitive data was protected. He is proud to have been joined in his mission by a group of talented colleagues
Audience Reach
everyone
Target Users
everyone
Technologies
Hardware, Iot, Software Development
Traction Evidence
most people have used my product

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
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