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Trust Stamp ® announces the issuance of a new patent covering the invention of a Personal Identifiable Information Encoder

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Trust Stamp (Nasdaq: IDAI) has been granted Patent No. 17/719,975 by the US Patent and Trademark Office for a 'Personal Identifiable Information Encoder'. This technology enables organizations to maintain the utility of personal identifiable information (PII) without storing highly sensitive data, enhancing data protection and privacy measures.

CEO Gareth N. Genner emphasized the importance of this innovation, stating that data protection and privacy should be non-negotiable for enterprises and government agencies handling PII. The new technology aims to help organizations fulfill their data protection obligations and mitigate potential damages from data breaches, addressing the ongoing issue of data losses across various sectors.

Trust Stamp (Nasdaq: IDAI) ha ricevuto Brevetto No. 17/719,975 dall'Ufficio Brevetti e Marchi degli Stati Uniti per un 'Codificatore di Informazioni Personali Identificabili'. Questa tecnologia consente alle organizzazioni di mantenere l'utilità delle informazioni personali identificabili (PII) senza memorizzare dati altamente sensibili, migliorando le misure di protezione dei dati e privacy.

Il CEO Gareth N. Genner ha sottolineato l'importanza di questa innovazione, affermando che la protezione dei dati e la privacy dovrebbero essere non negoziabili per le aziende e le agenzie governative che gestiscono PII. La nuova tecnologia mira ad aiutare le organizzazioni a svolgere i loro obblighi di protezione dei dati e a mitigare i potenziali danni derivanti dalle violazioni dei dati, affrontando il problema incessante delle perdite di dati in vari settori.

Trust Stamp (Nasdaq: IDAI) ha recibido Patente No. 17/719,975 de la Oficina de Patentes y Marcas de EE. UU. para un 'Codificador de Información Personal Identificable'. Esta tecnología permite a las organizaciones mantener la utilidad de la información personal identificable (PII) sin almacenar datos altamente sensibles, mejorando así las medidas de protección de datos y privacidad.

El CEO Gareth N. Genner enfatizó la importancia de esta innovación, afirmando que la protección de datos y la privacidad deberían ser innegociables para las empresas y agencias gubernamentales que manejan PII. La nueva tecnología busca ayudar a las organizaciones a cumplir con sus obligaciones de protección de datos y a mitigar los posibles daños derivados de violaciones de datos, abordando el problema continuo de las pérdidas de datos en diversos sectores.

Trust Stamp (Nasdaq: IDAI)는 미국 특허 및 상표청으로부터 특허번호 17/719,975'개인 식별 정보 인코더'에 대해 승인받았습니다. 이 기술은 조직들이 개인 식별 정보(PII)의 유용성을 유지하면서 고위험 데이터를 저장하지 않고도 데이터 보호 및 프라이버시 조치를 향상시킬 수 있도록 합니다.

CEO Gareth N. Genner는 이 혁신의 중요성을 강조하며 데이터 보호 및 프라이버시는 기업 및 PII를 처리하는 정부 기관에게는 협상 불가능해야 한다고 말했습니다. 새로운 기술은 조직들이 데이터 보호 의무를 이행하고 데이터 유출로 인한 잠재적 피해를 완화하는 데 도움을 줄 것으로 예상되며, 다양한 분야에서의 데이터 손실 문제를 해결하고자 합니다.

Trust Stamp (Nasdaq: IDAI) a reçu Brevet n° 17/719,975 de l'Office des brevets et des marques des États-Unis pour un 'Codeur d'Information Personnelle Identifiable'. Cette technologie permet aux organisations de conserver l'utilité des informations personnelles identifiables (PII) sans stocker des données hautement sensibles, améliorant ainsi les mesures de protection des données et de confidentialité.

Le PDG Gareth N. Genner a souligné l'importance de cette innovation, affirmant que la protection des données et la confidentialité doivent être non négociables pour les entreprises et les agences gouvernementales traitant des PII. La nouvelle technologie vise à aider les organisations à respecter leurs obligations en matière de protection des données et à atténuer les dommages potentiels causés par les violations de données, abordant le problème persistante des pertes de données dans divers secteurs.

Trust Stamp (Nasdaq: IDAI) hat vom US-Patent- und Markenamt Patent Nr. 17/719,975 für einen 'Kodierer für persönlich identifizierbare Informationen' erhalten. Diese Technologie ermöglicht es Organisationen, die Nützlichkeit von persönlich identifizierbaren Informationen (PII) zu wahren, ohne hochsensible Daten zu speichern, und verbessert somit die Datenschutz- und Privatsphärenmaßnahmen.

CEO Gareth N. Genner betonte die Bedeutung dieser Innovation und erklärte, dass Datenschutz und Privatsphäre für Unternehmen und Regierungsbehörden, die PII bearbeiten, nicht verhandelbar sein sollten. Die neue Technologie zielt darauf ab, Organisationen bei der Erfüllung ihrer Datenschutzverpflichtungen zu unterstützen und potenzielle Schäden durch Datenverletzungen zu mindern, indem sie das anhaltende Problem von Datenverlusten in verschiedenen Sektoren angeht.

Positive
  • Issuance of a new patent for Personal Identifiable Information Encoder
  • Technology enhances data protection and privacy measures
  • Potential to mitigate damages from data breaches
Negative
  • None.

ATLANTA, GA, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI) has announced the issuance by the US Patent of Trademark Office of Patent No. 17/719,975 entitled, “Personal Identifiable Information Encoder."

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.”

Inquiries

Trust Stamp                                                   Email: Shareholders@truststamp.ai

Gareth N. Genner

Chief Executive Officer         

About Trust Stamp

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).

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


FAQ

What new patent has Trust Stamp (IDAI) been granted?

Trust Stamp (IDAI) has been granted Patent No. 17/719,975 by the US Patent and Trademark Office for a 'Personal Identifiable Information Encoder'.

How does Trust Stamp's new patent technology benefit organizations handling PII?

The technology allows organizations to maintain the utility of personal identifiable information (PII) without storing highly sensitive data, enhancing data protection and privacy measures while mitigating potential damages from data breaches.

What did Trust Stamp's CEO say about data protection and privacy?

CEO Gareth N. Genner stated that data protection and privacy should be non-negotiable for any enterprise or governmental agency that stores or processes personal identifiable information.

When was Trust Stamp's new patent announced?

Trust Stamp (IDAI) announced the issuance of the new patent on September 9, 2024.

T Stamp Inc.

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