Trust Stamp has announced the issuance by the US Patent of Trademark Office of Patent No. 17/719,975 entitled, “Personal Identifiable Information Encoder.”

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Gareth N. Genner, Trust Stamp’s Chief Executive Officer, said, “Data protection and privacy should be non-negotiable for any enterprise or governmental agency that stores or processes personal identifiable information (“PII”). Despite frequent assurances as to secure storage and processing, we continue to see data losses across a wide range of organizations. This technology provides the means to maintain the essential utility of PII without storing highly sensitive data. Anyone processing or storing PII should embrace this technology to fulfill their data protection obligations and mitigate damage and losses in the event of a data breach.”

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Trust Stamp is a global provider of AI-powered services in multiple sectors, including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services. Its technology empowers organizations with advanced biometric identity 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. Trust Stamp is located in six countries in North America, Europe, Asia, and Africa and trades on the Nasdaq Capital Market (Nasdaq: IDAI).