Proof of Usefulness Report

Diamond Bank Plc.

Analysis completed on 1/24/2026

+354
Proof of Usefulness Score
Certified Problem Solver

The submission represents Diamond Bank Plc, a major Nigerian financial institution that was acquired by Access Bank in 2019. While the historical metrics (7,500 staff, $300M+ market cap, millions of customers) indicate a 'Much Larger Scale' entity, the submission quality is poor, relying on boilerplate French text and exaggerated claims ('everyone'). The score is buoyed by the historical scale and utility of the banking services but heavily penalized for the project's defunct independent status and lack of verifiable, current technical evidence.

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+100.0
Audience Reach Impact+108.0
Technical Innovation+22.5
Evidence Of Traction+135.0
Market Timing Relevance+5.0
Functional Completeness+2.5
Subtotal+373
Usefulness Multiplierx0.95
Final Score+354

Project Details

Project URL
diamondbank.com
Description
NOTRE VISION Etre une institution financière de premier plan, qui dispose des Meilleures ressources humaines et offre une expérience clientèle inégalée, ainsi qu’un excellent retour sur investissement à ses actionnaires. NOTRE MISSION Nous dépasserons constamment les attentes de notre clientèle en lui offrant des solutions à forte valeur ajoutée grâce à un personnel qualifié et très motivé, réalisant ainsi d’excellentes performances sur toutes les places financières où nous opérons.

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