Trust Stamp has been issued a provisional patent by the US Patent and Trademark Office for Semi-Supervised and Unsupervised Biometric Recognition using its AI-Powered technology
18 Agosto 2023 - 1:29PM
Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity CompanyTM
providing AI-powered trust and identity services used globally
across multiple sectors, announces that on August 18, 2023,
Provisional Patent #63/520,388 entitled “SEMI-SUPERVISED OR
UNSUPERVISED BIOMETRIC PERSON RECOGNITION” was issued to the
Company by the US Patent and Trademark Offices. This provisional
patent follows eighteen utility patent issuances to the company in
addition to which the company currently has fourteen patent
applications pending.
Dr. Norman Poh, Chief Science Officer of the Company, commented,
“Traditional biometric systems operate in two distinct phases,
namely biometric enrollment followed by biometric authentication.
While both phases use human characteristics such as face, voice,
iris or fingerprints to identify and verify individuals in a secure
and convenient way, biometric enrollment is the process of
enrolling a person's biometric features into a system and linking
them with their identity, whereas biometric authentication is the
process of comparing a person's biometric features with the ones
previously stored in the system, during enrollment. What we have
created is a biometric system that always learns, and does not
distinguish between enrollment and authentication, meaning that
every authentication is an opportunity for the system to register
and learn about a potentially new identity. In contrast to
mainstream supervised biometric systems which have an explicit and
well-defined enrollment phase, the proposed system can operate in a
semi-supervised or in a completely unsupervised mode.”
“This innovation is extremely impactful. Among many benefits, it
can track the gradual changes in the appearance of individuals over
time without requiring them to re-enroll. This alleviates the need
to perform periodic re-enrolments wherever this technology is so
implemented.” Dr. Poh went on to comment, “We do not typically
disclose inventions publicly until a utility patent is issued, but
in this case, the results are so remarkable that the technology is
being implemented immediately to carry out biometric deduplication
for a major financial services client.”
Inquiries
Trust
Stamp
Email: Shareholders@truststamp.ai
Gareth N. Genner,
CEO
About Trust Stamp
Trust Stamp the Privacy-First Identity Company TM, is a global
provider of AI-powered identity services for use 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.
Located in seven countries across North America, Europe, Asia,
and Africa, Trust Stamp trades on the Nasdaq Capital Market
(Nasdaq: IDAI). The company was founded in 2016 by Gareth Genner
and Andrew Gowasack.
Safe Harbor Statement: Caution Concerning Forward-Looking
Remarks
All statements in this release that are not based on historical
fact are “forward-looking statements” including within the meaning
of the Private Securities Litigation Reform Act of 1995 and the
provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. The information in this announcement may contain
forward-looking statements and information related to, among other
things, the company, its business plan and strategy, and its
industry. These statements reflect management’s current views with
respect to future events-based information currently available and
are subject to risks and uncertainties that could cause the
company’s actual results to differ materially from those contained
in the forward-looking statements. Investors are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date on which they are made. The company does
not undertake any obligation to revise or update these
forward-looking statements to reflect events or circumstances after
such date or to reflect the occurrence of unanticipated events.
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