In a recent development, Trust Stamp, the Privacy-First Identity Company, has received an allowance notification from the US Patent and Trademark Office for a new patent titled 'Personal Identifiable Information Encoder'. This patent addresses the need for security against cyber-attacks and optimized privacy protection by storing and sharing tokenized personal data [f1c5518b].
Trust Stamp's new patent focuses on data protection applications and aims to provide enhanced security and privacy for personal identifiable information (PII). The AI-powered encoder enables the tokenization of PII, ensuring that sensitive data is securely stored and shared. This technology can help mitigate the risks of cyber-attacks and optimize privacy protection, aligning with regulations such as the General Data Protection Regulation (GDPR) [f1c5518b].
Trust Stamp's portfolio now includes 20 allowed and issued AI-powered patents, with an additional 13 patents provisional or pending. The company is a global provider of AI-powered identity services and offers advanced biometric identity solutions for various sectors. Trust Stamp trades on the Nasdaq Capital Market under the ticker symbol IDAI [f1c5518b].
This new patent further solidifies Trust Stamp's position as a leader in the field of AI-powered identity solutions. By focusing on data protection applications and addressing the need for enhanced security and privacy, Trust Stamp continues to innovate and provide solutions that align with the evolving challenges in identity verification and data protection. With its growing portfolio of patents, Trust Stamp is well-positioned to advance the field of AI-powered identity services and contribute to the development of secure and efficient identity verification processes [f1c5518b].