Proof of Usefulness Report

Risk Ledger

Analysis completed on 1/29/2026

+372

Proof of Usefulness Score

Certified Problem Solver

Risk Ledger is a high-potential Supply Chain Risk Management (SCRM) platform with significant verified traction, including £9.8M+ in funding (Series A) and major enterprise clients like BAE Systems, ASOS, and the NHS. While the submission data itself was extremely poor (containing incorrect claims like 'everyone' for audience and nonsensical revenue data), external research confirms the project's legitimacy, market fit, and successful 'social network' model for supplier assurance. The score reflects the strong underlying business fundamentals and market timing, heavily penalized in the 'Response Quality' section for the lazy submission.

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Score Breakdown

Real World Utility+108.0

Audience Reach Impact+60.0

Technical Innovation+45.0

Evidence Of Traction+102.0

Market Timing Relevance+38.0

Functional Completeness+1.0

Subtotal+354

Usefulness Multiplierx1.05

Final Score+372

Project Details

Project URL

riskledger.com

Description

Our mission is to improve the security maturity of the global supply chain ecosystem, reducing the number of data breaches experienced through supply chain attacks by companies and consumers alike.\n\nWe work with users from the largest enterprises down to the smallest of businesses in every industry. Some live and breathe Risk Ledger, using it in their everyday roles. For others, it is a fleeting experience, but one that we want to ensure is memorable for all the right reasons.\n\nRisk Ledger won the National Cyber Security Centre's 2019 CyberDen competition and the 2019 TechUK Cyber Innovation Den competition.

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