T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) has received a further boon to the company’s patent protection for its artificial intelligence-based biometric authentication technology.
The company, in a statement, told investors that it has received a Notice of Allowance for its latest patent application #17/230,684 by the United States Patent Office.
The ‘684 application is directed to Trust Stamp’s innovative processes for irreversibly transforming biometric and other identity data into an irreversibly transformed identity token, the company noted.
Trust Stamp said it believes its technology provides an unparalleled level of data protection whilst improving efficiency and expanding the utility of legacy identity systems.
It believes the “privacy-first” technology is unique in that it replaces the storage and use of biometric templates with an irreversibly transformed identity token (IT)² generated by a neural network.
Using AI allows Trust Stamp to provide users with the benefits of biometric-derived authentication without losing control of or sharing their original biometric data, it added.
“This will be our fourteenth issued patent, and we have an additional 19 patent applications pending,” said Trust Stamp CEO Gareth Genner.
“We're proud to be at the forefront of using AI for these types of applications, this patent contributes to an overall depth of technology innovation that allows us to deliver identity and trust-focused solutions that place privacy first.
“Our innovative technology can be implemented ‘on the edge,’ meaning that it can operate on devices that may not have internet or other ways to access server resources which allows the creation of privacy-first applications where the user’s biometrics never leave their own device, as well as use in remote locations that do not have Internet or other data services available to the user.”