Trust Stamp CEO to Speak at Rutgers Law Fintech and Blockchain Collaboratory
20 April 2022 - 10:30PM
Trust Stamp (Nasdaq: IDAI, Euronext Growth: AIID ID), the
Privacy-First Identity CompanyTM providing AI-powered trust and
identity services used globally across multiple sectors, today
announces that Gareth Genner, CEO of Trust Stamp, will be speaking
on the use of identity tokenization for streamlined inter and
intra-metaverse transactions during a virtual session hosted by the
Rutgers Law School FinTech and Blockchain Collaboratory (the
“Collaboratory”). Those interested in attending are invited to join
the virtual event taking place on April 22, 2022 at 12pm ET using
this link.
Genner joins the Collaboratory to explore the use of
irreversible tokenization to establish a trusted “MetaPresence”
identity that enables privacy-protected storage, access to, and
exchange of digital assets, both between and within metaverse
environments through payment rails. The Collaboratory brings
experts from industry and academia together to discuss developments
in the space and advance the dialogue around emergent regulatory
and policy challenges facing crypto and FinTech.
Trust Stamp continues to develop a unique position in the
decentralized finance space as one of 15 blockchain industry
leaders that formed the Cryptocurrency Compliance Cooperative,
which looks to enhance cryptocurrency regulations while
establishing consumer-centric frameworks for strengthened public
protections and safety in August 2021. The Company currently
supports leading Bitcoin ATMs worldwide with real-time
KYC/AML-compliant facial biometric and ID document verification
built on their core privacy-positive data protection technology.
Trust Stamp maintains multiple patent filings for innovations
centered in the digital asset space.
Gareth Genner comments, “With the potential to
build a robust digital environment where individuals around the
world can engage and transact freely, the metaverse presents a
tremendous opportunity to develop targeted solutions that support
an interoperable, accessible, and secure future of the
decentralized virtual world while delivering to the privacy-focused
principles of Web3.
The MetaPresence system provides a privacy-first method of
authenticating identity in a secure environment to establish trust
across metaverse platforms without exposing sensitive data in each.
With a globally evolving regulatory purview around digital assets,
a rise in government-backed Central Bank Digital Currencies, and
major financial institutions entering the decentralized finance
space, the applicability of a scalable and protected identity
infrastructure that underlies secure digital transactions is
immense.”
The Company is currently beta testing their MetaPresence Vault
solution designed to provide secure account-credential and private
key storage, using Trust Stamp’s proven biometric verification and
irreversible tokenization technologies to ensure that crypto
wallets and digital assets are protected and accessible to only the
owner, independent of metaverse platforms and service providers.
The MetaPresence Vault is built on an Amazon Quantum Ledger
Database, providing an immutable, cryptographically verified
history to assure long-term data protection and availability to
support the utility of digital assets as mainstream financial
instruments across a rapidly expanding range of uses.
Enquiries |
|
Trust Stamp |
Email: Shareholders@truststamp.ai |
Gareth Genner, Chief Executive Officer |
|
Nisha Naik, Executive VP of Communications |
|
Davy (Euronext Growth Advisor) |
Tel: +353 1 679 6363 |
Barry Murphy |
|
Investor Relations |
Tel: +1 212-671-1021 |
Crescendo Communications |
Email: idai@crescendo-ir.com |
About Trust Stamp
Trust Stamp, the Privacy-First Identity CompanyTM, 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) and Euronext Growth in Dublin (Euronext Growth: AIID
ID). Founded in 2016 by Gareth Genner and Andrew Gowasack, the
company now employs over 100 people.
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 on 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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