Proof of Usefulness Report

Scotiabank

Analysis completed on 1/24/2026

+532
Proof of Usefulness Score
Industry Mainstay

The submission represents Scotiabank, a major global financial institution with verified massive scale and traction, justifying high scores in Reach and Traction despite the poor quality of the input data. The project description appears to be a copy-pasted 'page not active' error message, and technical details are virtually non-existent, leading to severe penalties in Innovation and Response Quality. The score reflects the undeniable market presence of the entity (400-700+ range) tempered significantly by the lack of a specific, coherent technology project proposal.

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Score Breakdown

Real World Utility+75.0
Audience Reach Impact+200.0
Technical Innovation+7.5
Evidence Of Traction+250.0
Market Timing Relevance+25.0
Functional Completeness+2.5
Subtotal+560
Usefulness Multiplierx0.95
Final Score+532

Project Details

Project URL
Description
This page is not active. For information about Scotiabank’s Global Banking and Markets division, please follow our showcase page: https://www.linkedin.com/company/scotiabank-gbm?trk=company_name

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