Proof of Usefulness Report

Interac Corp.

Analysis completed on 1/24/2026

+636
Proof of Usefulness Score
Category Standard

Interac Corp. represents critical national financial infrastructure with effectively ubiquitous adoption across Canada (30M+ users). While the submission itself was low-effort (vague metrics, confusing revenue figures), the verifiable real-world utility and traction are undeniable. The project scores exceptionally high on Utility, Reach, and Traction, verifying its status as a 'unicorn' scale entity, though it receives a significant penalty for Response Quality due to the lack of detail in the application.

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Score Breakdown

Real World Utility+168.75
Audience Reach Impact+150.00
Technical Innovation+60.00
Evidence Of Traction+187.50
Market Timing Relevance+42.50
Functional Completeness+2.50
Subtotal+611.25
Usefulness Multiplierx1.04
Final Score+636

Project Details

Project URL
Description
Interac Corp. empowers Canadians to access, spend and send funds whenever and from wherever they choose. With nearly 300 financial institutions connected to our network, we enable payment and ID experiences that support Canadians’ accelerated use of safe and digital payments while prioritizing interoperability, security, privacy, and inclusivity. We are proud to be one of Canada’s leading and most trusted financial brands, with Canadians choosing Interac products an average of 18 million times a day to pay and exchange money. Interac champions workplace culture and corporate citizenship based on the principles of responsibility, diversity and inclusion. Interac Corp. permet aux Canadiens d’accéder à des fonds, de les dépenser et de les envoyer où et quand ils le souhaitent. Avec près de 300 institutions financières connectées à notre réseau, nous facilitons les expériences de paiement et d’identification qui soutiennent l’utilisation accélérée par les Canadiens des paiements sécuritaires et numériques tout en priorisant l’interopérabilité, la sécurité, la confidentialité et l’inclusivité. Nous sommes fiers d’être l’une des marques financières les plus importantes et les plus fiables au Canada. En effet, les Canadiens choisissent les produits Interac en moyenne 18 millions de fois par jour pour payer et échanger de l’argent. Interac se fait le champion d’une culture organisationnelle et d’une citoyenneté d’entreprise fondées sur les principes de responsabilité, de diversité et d’inclusion.

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