Trust Stamp announced that it has received a Notice of Allowance for a patent related to its AI-powered, tokenized-identity products that use biometric hashing for identity verification.
Why Biometric Hashing?
Biometric hashing is a process that employs neural network processing and pseudorandom matrix multiplication to generate anonymized vector representations of biometrics, such as face, palm or fingerprint images.
These vector representations are “lossy”, meaning they do not contain all the information from the original biometric data. However, they can still be compared to each other with a high degree of accuracy for identity verification.
Biometric hashing protects biometric data by preventing reverse-engineering.
Trust Stamp’s Products
Trust Stamp has integrated biometric hashing technology into its Irreversibly Transformed Identity Token (IT2) technology. This privacy-first solution replaces the storage and use of biometric templates with an AI-generated IT2 token.
The IT2 is irreversible and allows biometric authentication without storing biometric templates.
Various applications, such as verifying online transactions, preventing human trafficking, and facilitating financial inclusion, can use Trust Stamp’s product.
The United States Patent and Trademark Office has issued Trust Stamp a Notice of Allowance for an additional patent related to its AI-powered, tokenized-identity products.
The patent, titled: “Systems and processes for lossy biometric representation,” broadens the IP protection around the company’s innovative biometric hashing technology.
With over 30 issued, permitted, or pending patents, Trust Stamp holds a solid intellectual property position.
“This latest Notice of Allowance marks an important win and significantly enhances the IP around our AI-based authentication technology. With over 30 patents now issued, allowed, or pending over the last seven years, our team has developed a highly defensible IP position that is now being productized across an ever-growing range of use cases.”
Trust Stamp’s Chief Science Officer Norman Poh
