Atlanta, GA, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ providing AI-powered software used globally across multiple sectors, announced financial results and provided a business update for the six months ended June 30, 2024. These included a 100% year-on-year increase in enrolled customers and increases in Net Revenue for each of the quarter and six-month periods ending June 30, 2024. Trust Stamp Chief Executive Officer Gareth N. Genner commented, "I am ...

Trust Stamp (NASDAQ:IDAI) stock is taking off on Wednesday after the artificial intelligence (AI) company announced a new license agreement for its computer vision and AI technologies. Trust Stamp has reached an agreement with Boumarang for the use of its computer vision and AI tech in hydrogen-powered UAV systems. This is a big move for IDAI as the global drone market was valued at 22.4 billion in 2022. Trust Stamp notes that the value of this deal is $5 million and it's a one-time license with Boumarang. ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

About this content About the publisher We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. Proactive has always been a forward looking and enthusiastic technology adopter. Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resour ...

Atlanta, GA, July 23, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI) announces a partnership with Botdoc to integrate Trust Stamp's low-code Orchestration Platform within the Botdoc Connect product, providing robust Identity Verification and KYC. The integration includes document validation using the Driver License Data Verification (DLDV) System offered by the American Association of Motor Vehicle Administrators (AAMVA) and accessed by Trust Stamp under a license from AAMVA. Andrew Gowasack, Trust Stam ...

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Strategic Alliance - Trust Stamp has entered into a non-binding Letter of Intent with Qenta Inc for a strategic alliance to serve a global federated network including crypto, bank, and other financial services companies [1] - The alliance aims to combine Trust Stamp's proprietary technology for secure, tokenized identity services with Qenta's interlocking products and services, including the QOS blockchain, to bridge the gap between legacy financial rails and the new digital and tokenized economy [2] - The strategic alliance brings together two innovative companies with complementary technologies to shape the future of identity and data management, enhancing capabilities for innovative and regulatory-compliant AI-powered solutions addressing data controls, privacy, secure content transfer, and payments [6] Market Opportunity - The global movement from physical to digital transactions is estimated to result in $16 Trillion in annualized digital transactions by 2030, with service revenue from tokenization predicted to grow from $2.81 Billion in 2023 to $13.2 Billion by 2032 [5] - Trust Stamp is well positioned to play a significant role in the fast-growing digital transaction market, given that twenty of its issued patents and nine pending patents are directly related to tokenization of identity and data [2] Company Overview - Trust Stamp is a global provider of AI-powered identity and tokenization services for use in multiple sectors, including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services [6] - The company's technology empowers organizations with advanced solutions that reduce fraud, protect personal data privacy, increase operational efficiency, and reach a broader base of users worldwide through its unique data transformation and comparison capabilities [6] - Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI) and is located across North America, Europe, Asia, and Africa [3]

Genner went on to say, "Qenta's interlocking products and services, including the QOS blockchain, bridge the gap between legacy financial rails and the new, digital and tokenized economy and will be further enhanced by Trust Stamp's proprietary technology providing secure, tokenized identity services ensuring both compliance and privacy. Given that twenty of our issued patents and nine of our pending patents are directly related to tokenization of identity and data, I believe that Trust Stamp is well positi ...

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Atlanta, GA, July 12, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI). On the occasion of filing for its 37th patent, Trust Stamp's Chief Science Officer and Chief Technology Officer provide an overview of the Company's patent portfolio and the Company's evolution to supplying AI-powered technologies to a broader global customer base as reflected in the substantial growth in the Company's customer base announced in the Company's H1 2024 Business Report on July 11, 2024. Dr. Poh went on to say, "The pate ...