Trust Stamp Receives Privacy-Secured Biometric Identification And Verification Patent
Portfolio Pulse from Happy Mohamed
Trust Stamp (NASDAQ:IDAI) has been granted a patent for its privacy-secured biometric identification and verification system by the United States Patent Office. This is the sixteenth patent issued to the company, with fifteen more applications pending. The company also reported a 31% increase in its financial services customer base in the last six months.
August 04, 2023 | 11:19 am
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Trust Stamp's new patent and customer base growth could potentially boost its stock in the short term.
The issuance of a new patent strengthens Trust Stamp's intellectual property portfolio, potentially making it more attractive to investors. Additionally, the significant growth in its customer base indicates strong demand for its services, which could translate into increased revenues and a potential rise in its stock price.
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