Trust Stamp Announces The Allowance Of A New Patent Taking Its Portfolio Of AI-Powered Patents Into Data Protection Applications
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Trust Stamp (NASDAQ:IDAI) has received an allowance notification for a new utility patent titled 'Personal Identifiable Information Encoder', expanding its AI-powered patent portfolio into data protection. This addition strengthens Trust Stamp's intellectual property, with 20 allowed and issued patents and 13 more pending. The patent is significant for its potential in enhancing security against cyber-attacks and improving privacy through tokenized data storage and sharing, aligning with privacy laws like GDPR.
May 02, 2024 | 2:01 pm
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Trust Stamp's new patent for 'Personal Identifiable Information Encoder' enhances its data protection capabilities, aligning with GDPR and other privacy regulations.
The allowance of a new patent significantly enhances Trust Stamp's intellectual property portfolio, particularly in the crucial areas of data protection and privacy. This development is likely to be viewed positively by investors, as it not only broadens the company's technological base but also aligns with increasing global emphasis on data privacy and security. The patent's focus on tokenized data storage and sharing is particularly relevant in the context of GDPR and similar privacy regulations, potentially opening up new market opportunities and partnerships for Trust Stamp.
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