Proof of Usefulness Report

HashChain Technology

Analysis completed on 1/23/2026

+23
Proof of Usefulness Score
You're In Business

The project appears to be the legacy entity of HashChain Technology Inc., which was acquired/rebranded to Digihost Technology Inc. (TSXV: DGHI) around 2020. While the underlying business history involves legitimate cryptocurrency mining with verifiable revenue and assets, the submission itself is of extremely low quality. It relies on the defunct brand name, provides a domain (hashchain.ca) that appears to host generic crypto content/SEO spam, and makes demonstrably false claims regarding traction (claiming 'most people have used my product') and audience reach. The score reflects the existence of the legacy business operations but is heavily penalized for the lack of current, accurate data and the hyperbolic nature of the submission.

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Score Breakdown

Real World Utility+50
Quality Factor Utility+0.5
Audience Reach Impact+10
Quality Factor Reach+0.5
Technical Innovation+40
Quality Factor Innovation+0.5
Evidence Of Traction+60
Quality Factor Traction+0.5
Market Timing Relevance+40
Quality Factor Timing+0.5
Functional Completeness+10
Quality Factor Response+0.5
Subtotal+20
Usefulness Multiplierx1.15
Final Score+23

Project Details

Project URL
hashchain.ca
Description
HashChain Technology, accessible through their domain hashchain.ca, is a company that specializes in blockchain technology and cryptocurrency mining. The company focuses on leveraging blockchain's potential to create innovative solutions and enhance the efficiency of digital transactions. HashChain Technology is involved in the mining of cryptocurrencies, providing blockchain-related services, and developing applications that utilize blockchain technology to solve real-world problems. Their operations are aimed at capitalizing on the growing demand for blockchain solutions and the increasing adoption of cryptocurrencies across various industries.

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